This paper aims to investigate the sensitivity of the gas market: Russian Natural Gas and Liquefied Gas, to other commodity categories. It sheds light on the Russian-Ukrainian crisis by using an Autoregressive Distributed Lag model on daily prices of Russian Natural Gas, Liquefied Natural Gas,...

Natural gas is a crucial element of energy supply in Great Britain (GB). The vast majority of GB gas consumption occurs in three main sectors: industry, Local Distribution Zone (residential, commercial, and services), and power generation. While there are strong seasonal patterns of demand...

The long-expected wave of LNG supply is now almost upon us, and is expected to outstrip the rise in demand for LNG. Spot prices, in European and Asian markets, may respond to the overhang of supply by moving to more short-run pricing – as was seen in 2019 and 2020 – and, as a result, prices...

The Oil and Gas (O&G) sector is essential to the global energy supply, yet it still struggles with inefficiencies caused by conventional, paper-driven decision-making processes in its supply chain. This study aims to assess the integration of blockchain technology as a strategic solution to...

The Earth is currently experiencing global warming, which is mostly the result of human activity. Nevertheless, it is still not clear how much human resources management actually controls these operations, and studies trying to determine this relationship have produced conflicting findings....

Aligned with the war in Ukraine, Russia has significantly withheld natural gas exports to Europe since 2021. As there are no EU-wide sanctions on imports of Russian natural gas, the Ukraine transit as well as imports via Turkey and LNG have remained active during 2022-24. However, the...

The oil and gas industry remains vital to the global economy, yet its operations contribute significantly to environmental degradation, one of the most urgent challenges of the 21st century. This study explores the lived experiences of those directly impacted by the negative externalities of oil...

To effectively manage natural gas dispatchability, the energy industry needs to precisely analyze the seasonal trends of natural gas production and consumption. However, most predictive models demand data pretreatment and are labor-intensive. To address this, a novel seasonal discrete grey...

The gas price explosion during the 2021/22 European energy crisis prompted a shift from gas- to coal-fired electricity production. Empirical evidence on the environmental and health consequences of such a fuel-price shock - as opposed to policy reforms - is scarce. We fill this gap by...

This activity focused on metallic non-refillable gas cartridges for LPG (UN No. 2037) (gas cartridges) included in Directive 2010/35/EU on transportable pressure equipment (TPED). Gas cartridges were identified by the MSAs as a priority for a targeted compliance and safety investigation. The...

How large are the productivity differences arising from micro-level distortions, and how much of that is due to tax policy? Using over a century of field-level data (1900-2023), this paper examines the role of field-level revenue taxes in explaining misallocation in the oil and gas industry, a...

We identify supply and demand shocks to the real price of natural gas in the Euro Area and the United States. Demand shocks are identified using exogenous temperature variations, while supply shocks are identified through a high-frequency strategy based on an extensive collection of...

This Paper analyses the results of the trading data in 2024 for the European traded gas hubs, to give a fuller picture of the recovery after the very turbulent period from 2020 to 2022, where the various hubs now stand and, more importantly, to establish whether the Dutch TTF can now credibly be...

After the closure of many facilities in the oil and gas sector, which consequently resulted in high and sudden unemployment rates, the Scottish government established a fund to help the affected workers re-skill and further train themselves in order to find employment again.

The EU Methane Regulation (MER), effective as of August 4, 2024, introduces new obligations for domestically produced and imported crude oil, natural gas, and coal. While compliance with new import requirements primarily falls on European Union (EU) importers, their ability to meet them hinges...

Reducing methane emissions from the oil and gas sector is one of the easiest and lowest cost measures which can have a significant impact on global warming prior to 2050. Since 2022, pledges and initiatives by governments and companies have resulted in progress in relation to awareness,...

The European Union's goal of carbon neutrality by 2050 requires a major reduction in natural gas use for residential heating. However, gas grid equipment, amortized over 45 years in most countries, risks becoming stranded assets. The literature suggests that regulatory shocks could justify...

Despite the formal absence of sanctions, gas trade between Russia and the EU has effectively collapsed over the past three and a half years. This has been the outcome of several factors: the EU strategy of reducing dependence on Russian gas, Russia's own supply cuts, physical damage to the...

This study evaluates the risk factors during ship-to-ship liquefied natural gas bunkering in South Korea using the consistent fuzzy preference relations method. The study showed that the detailed factor "The operator's inability to recognize the operational condition, system status, or measuring...

The oil and gas industry, with numerous supply chain partners, significantly contributes to the world economy. This industry's operations involve complex processes and interactions with different stakeholders, leading to many drivers contributing to its complexity. This study identifies...

The European Union’s Methane Emissions Regulation (EU MER), effective from August 2024, introduces a methane intensity standard for fossil fuel imports into the EU. It places new compliance requirements on EU importers and, indirectly, on non-EU producers and exporters, including those...

Oil and gas extraction from offshore platforms usually requires regular helicopter transport to shuttle personnel to these remote sites. Effective organization and scheduling of flights to these maritime units ensure uninterrupted services, enhance operational efficiency, and guarantee service...

The Russian invasion of Ukraine led to extreme disruptions on the international energy markets. Europe, the world's largest importing region for oil, natural gas and hard coal, was particularly affected. The loss of major supply routes for Russian natural gas created a bottleneck situation and...

Exploring the efficiency of financial markets has remained a prominent area of interest for researchers and market participants. However, the debate on market efficiency continues, with studies examining different sectors and markets to assess the reliability of the efficient market hypothesis....