Hydrocarbon production from the UK Continental Shelf has now passed its peak. Net gas import requirements started in 2004 and increase substantially. The remaining reserves of both oil and gas are substantial, but are distributed largely in relatively small fields. Historically, depletion policy...

We develop equilibrium models of an exhaustible resource market where both prices and extraction choices are determined endogenously. Our analysis highlights a role for adjustment costs in generating price dynamics that are consistent with observed oil and gas forward prices as well as with the...

This paper reviews resource sector developments in 12 countries in Sub-Saharan Africa that made their first (major) petroleum discoveries during the most recent commodity boom. The analysis, which goes back to 2001, looks at sector forecasts of international organizations, governments, and...

The history and historiography of natural resource development in the Arctic : the state of the literature / Ken Coates -- Social impacts of non-renewable resource development on indigenous communities in Alaska, Greenland, and Russia / Peter Schweitzer, Florian Stammler, Cecilie Ebsen, Aytalina...