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This paper seeks to explore the extent to which the corporate realignments which have occurred in the North American Natural Gas Industry during a now relatively lengthy experience with liberalisation involving a large number of players, will be imitated in the future by European Union countries...

China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...

We analyze the relation between European natural gas storage facilities and price patterns at major trading points, considering the theory of storage to derive a testable hypothesis imposed by the non-arbitrage condition. To model the efficiency of the natural gas market, we apply two indirect...

In the first decade of transition, the new republics of Central Asia and the Caucuses have made significant progress in tapping the hydrocarbon reserves of the Caspian Sea. However, the ongoing legal battle over drilling rights in Caspian Sea and the numerous conflicts within the region have...

Householders' satisfaction and engagement with the retail energy market has generated considerable debate, this paper provides the first academic assessment of the situation for micro and small business (MSB) energy customers. We find that, while energy brokers are central to MSBs switching...

At first sight the potential discrepancy between competitive behavior of market participants, trade rules and the basic notion of sustainable development may seem to be of a negligible importance. However, during the interactions of market processes with sustainability goals through various...

Consumers often invest in information when faced with choices that have uncertain payoffs. Homeowners considering improvements or retrofits in order to lower their energy bills may decide to have a home energy audit, a professional assessment that identifies where a home is losing energy and...

Japan's natural gas industry is reliant on imported liquefied natural gas (LNG) that normally requires regasification prior to consumption. Unbundling of the industry has not been enforced and while some local distribution utilities purchase gas via pipelines that is regasified by the seller,...