Russia is one of the key players in the Arctic with ambitions to continue development its Arctic oil resources. Nowadays the only fully launched oil and gas offshore project in Russia is the platform Prirazlomnaya, a number of other projects are at the various stages of realization and their...

In order to study the behavioral characteristics of the pore-scale hydrate formation, this experiment employs a high-pressure-resistant visible model in an etched glass plate to study the pore-scale methane hydrate formation and reveal its growth law s in porous media. The experiment shows that...

Underground gas storage (henceforth; UGS) is considered as a common method which resolves the seasonality problem of transportation and distribution of gas phase in the oil and gas industries. The main objective of this study is to simulate one of Iranian's depleted gas condensate reservoir and...

The estimation of the employment effects of offshore safety and environmental regulation is often highly speculative and based on questionable assumptions. Nevertheless, it is still highly publicized and used as a basis for policy statements in support or, or in opposition to, proposed...

This paper examines how oil and gas companies’ reserves growth affects their share price returns. In particular we examine three issues affecting the relation between reserves changes and oil and gas firm returns. First, we examine if investors value reserves replacement as a result of...

Purpose - This paper aims to explore the international response to the discovery and development of gas fields in the East Mediterranean basin. Design/methodology/approach - The study applies key concepts into a framework and explores the strategies used by nations for developing their influence...

The newly discovered gas sources establish a political and economic ground for the formation of regional and global alliances in the Eastern Mediterranean. Although these new discoveries have the potential to alter the functioning of po litics and the economy, current and past controversies,...

Israel's energy sector : features, policies and challenges -- Israel's natural gas discoveries : evolution of the regulatory framework for resource -- Governance -- Economic implications for Israel -- Strategic implications for the Mediterranean Region -- Conclusion -- Glossary.

We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian Continental Shelf (NCS). A unique and detailed dataset containing data from 109 different fields on the NCS between 1970 and 2015 was employed. A set of 1080 autoregressive distributed...

This paper explores how Turkey’s politics and economy are affected by changes in global energy. To define which are the most relevant developments, the paper opens with an overview of the country's economic landscape. This analysis illustrates that energy, being the key driver behind its large...

The extractive industries are becoming more important for Tanzania’s economy. Mining and gas production contribute to generating jobs and revenues. However, investments may also pose a threat to existing rights to land, not least because it is the state that owns the sub-soil resources....

Under recent policy reforms in Tanzania’s extractive sectors, the state is taking centre stage in the governance and regulation of minerals and oil/gas/petroleum resources. Through state-owned companies it is also re-emerging as a more direct investor in these sectors. This affects the rights...

This paper analyses the possible future role that Turkey can play in European natural gas markets. We employ a global gas market simulation model, COLUMBUS, to assess the outcomes of different scenarios concerning natural gas supply routes to Europe through Turkey up to 2030. The results imply...

This paper presents evidence on the distributional effects of energy extraction by examining the recent U.S. energy boom. The boom increased local wage rates in almost every major occupational category. The increase occurred regardless of whether the occupation experienced a corresponding change...

This paper suggests that an optimal local content policy in the context of flawed institutions is a more minimal one than those typically pursued by developing countries with recently discovered petroleum reserves. We argue that local content requirements need to be seen as a public expenditure...

This paper explores the regional economic impact of mineral resource endowment and offers specific inputs to the debate on the local content requirement (LCR) policy, gaining urgency in modern economic and political environment. Focusing on the experience of the Eastern Siberia the paper...

Intro -- Audit and Accounting Guide: Entities With Oil and Gas Producing Activities -- Preface -- About AICPA Audit and Accounting Guides -- Recognition -- Guidance Considered in This Edition -- FASB ASC Pending Content -- Terms Used to Define Professional Requirements in This AICPA Audit and...