Market size and petroleum resources are widely regarded as the main drivers of foreign direct investment (FDI) both in the developed and developing countries. How accurate is this claim in African? We investigated this question using both the panel…
East Asia is the world's main natural gas importing region, in which China became the world's largest gas importer in 2018. However, China's natural gas imports are subject to a high premium level, which increases the gas import cost and negatively…
Crude oil is normally produced in the form of a water-in-oil (W/O) emulsion. One of the major challenges during crude oil exploration is the high viscosity of crude oil produced due to the formation of stable emulsions. This affects the overall cost…
Crude oil port depots are key hubs in oil trade and thus play a vital role in the crude oil supply chain. Based on the characteristics of the scheduling system in an oil port depot, the development of a precise schedule is essential for handling…
Environmental and economic issues in the maritime transportation and logistics industry have historically received less stakeholder attention than aviation and overland freight sectors. Stakeholders in the port industry have gradually started paying…
The international crude oil maritime transportation system has always been disturbed by the external environment and its own mechanism of supply and demand, which can sometimes last for a long time. BDTI (Baltic Exchange Dirty Tanker Index) is one of…
In this paper, we investigate the contracting behaviour of participants in the spot freight market for tankers by analysing the positioning of vessels at the time of fixture. For that purpose, we create a new dataset obtained by merging spatial ship…
The oil tanker shipping market always presents periodicity following varied laws in different periods. However, most of the studies on the tanker freight rate market are short-term projections, while those on its long-term periodicity characteristics…
International seaborne transport of crude oil takes place mainly on tankers, with annual seaborne crude flows totaling an estimated 12 billion barrels. To take into account the carbon footprint on crude oil from its international distribution…
The growth in bitumen and synthetic crude oil (SCO) production in the Canadian oil sands industry has superseded pipeline capacity growth in recent years, leading to the increased interest in the transport of crude oil by rail to desired markets.…
Petroleum fuels the world economy but also burdens the environment due to greenhouse gas (GHG) emissions. Forty percent of annual global crude oil production is transported by ships, which are fueled by residual heavy fuel oil, yet GHG released…
Natural gas is an important source of energy in the global economy, hence understanding the drivers of its prices is of significant interest for economic agents. This paper investigates the role of structural shocks for the dynamics of the U.S.…
The natural gas industry in Western Canada, has seen tremendous changes in the last decade, resulting in significantly increased horizontal well initial production rates. It is of interest to review some of the history of "allowables" and…
Nigeria is the 2nd biggest natural gas producer in Africa, with much of it exported as LNG, some re-injected while a small fraction serves the domestic market. The volume supplied to the domestic market plays an outsized role in the energy mix and…
Evolving energy needs and the global energy transition call for proper evaluation of how Natural Gas could support a Decarbonisation path, considering Natural Gas well recognised contribution to GHG emission reduction approaching the ambitious Green…
The natural gas industry in Western Canada, has seen tremendous changes in the last decade, resulting in significantly increased horizontal well initial production rates. It is of interest to review some of the history of "allowables" and…
The growing global energy demand and the ecological advantages of low ozone depleting substance resulting from combustion of the natural gas products leads to consideration of economic, practical innovations of transporting the gas. The alternatives…
In this study, we propose algorithms to predict future stock market trends based on 8 different input features, including financial technology indicators, gold prices, a gold price volatility index, crude oil price, a crude oil price volatility…
Evolving energy needs and the global energy transition call for proper evaluation of how Natural Gas could support a Decarbonisation path, considering Natural Gas well recognised contribution to GHG emission reduction approaching the ambitious Green…
One of the main environmental problems in oil production in the world today is the utilization of associated petroleum gas (APG) by combustion it in flares. At the same time, this process has enormous economic damage, since APG is a potential raw…
One of the main environmental problems in oil production in the world today is the utilization of associated petroleum gas (APG) by combustion it in flares. At the same time, this process has enormous economic damage, since APG is a potential raw…
It is believed that several global policies incentivising the energetic utilisation of Crude Tall Oil (CTO) might have had an impact on the demand for CTO from its competing and emerging end-use application in biofuels in the recent years. Hence,…
The paper analyses the business process of the oilfield engineering technology public service market information management system through UML modelling. Then, according to the work requirements of the engineering and technical management department…
This work presents the highlights of the results obtained from the operations of a laboratory-scale pilot plant, designed for the demonstration of an innovative gas sweetening technology. The theory behind the process, based on a dual-pressure…
Natural gas is an important source of energy in the global economy, hence understanding the drivers of its prices is of significant interest for economic agents. This paper investigates the role of structural shocks for the dynamics of the U.S.…
Price fluctuations in the crude oil market is important to both financial practitioners and market participants, since it not only affects investors’ investment, portfolio allocation and risk evaluation, but also influences strategic planning and…
Ruled by the directives and regulations adopted by the European Commission, the European natural gas market is obliged to enable free competition. This process has just started in the Serbian market, and the national natural gas provider (Srbijagas)…
Inventory verification is one of vital tasks in underground gas storage (UGS) management process. For one reason, it is possible to know exactly how much natural gas is actually in the gas storage and ensure that it can be produced and supplied to…
Nigeria is the 2nd biggest natural gas producer in Africa, with much of it exported as LNG, some re-injected while a small fraction serves the domestic market. The volume supplied to the domestic market plays an outsized role in the energy mix and…
Energy resources have acquired a strategic significance for economic growth and social welfare of any country throughout the history. Therefore, the prediction of crude oil price fluctuation is a significant issue. In recent years, with the…
Along with the maturation of main oil exploration and production (E&P) areas in the world, the industry has started to seek for new investment opportunities that have been considered unattractive so far. Among such opportunities might be small oil…
Along with the maturation of main oil exploration and production (E&P) areas in the world, the industryhas started to seek for new investment opportunities that have been considered unattractive so far. Amongsuch opportunities might be small oil…
Technology developments in directional drilling and hydraulic fracturing have led to increased natural gas reserves. Development of these unconventional resources is an energy intensive process. Prime-movers of unconventional well development were…
A radical decarbonization pathway for the Norwegian society towards 2050 is presented. The paper focuses on the role of hydrogen in the transition, when present Norwegian petroleum export is gradually phased out. The study is in line with EU…
Market size and petroleum resources are widely regarded as the main drivers of foreign direct investment (FDI) both in the developed and developing countries. How accurate is this claim in African? We investigated this question using both the panel…
This paper aims to examine the dynamic linkages among the gold market, US dollar and crude oil market. The analysis also delves more deeply into the effect of the global financial crisis on the short-term relationship. We use fractional cointegration…
The international crude oil maritime transportation system has always been disturbed by the external environment and its own mechanism of supply and demand, which can sometimes last for a long time. BDTI (Baltic Exchange Dirty Tanker Index) is one of…
In this paper, we investigate the contracting behaviour of participants in the spot freight market for tankers by analysing the positioning of vessels at the time of fixture. For that purpose, we create a new dataset obtained by merging spatial ship…
The oil tanker shipping market always presents periodicity following varied laws in different periods. However, most of the studies on the tanker freight rate market are short-term projections, while those on its long-term periodicity characteristics…
International seaborne transport of crude oil takes place mainly on tankers, with annual seaborne crude flows totaling an estimated 12 billion barrels. To take into account the carbon footprint on crude oil from its international distribution…
Nigeria is the 2nd biggest natural gas producer in Africa, with much of it exported as LNG, some re-injected while a small fraction serves the domestic market. The volume supplied to the domestic market plays an outsized role in the energy mix and…
This paper investigates the relationship between LNG shipping costs and regional natural gas price spreads. We use data on natural gas prices and shipping costs to analyze the distribution of trade benefits within the LNG value chain when shipping…
As the demand for sustainable energy sources is increasing globally, the popularization and application of clean energy has become an inevitable trend. Natural gas is playing an increasingly vital role in global energy consumption. The vast majority…
Consumers and organizations worldwide are searching for low-carbon alternatives to conventional gasoline and diesel vehicles to reduce greenhouse gas (GHG) emissions and their impact on the environment. Natural gas as an alternative transportation…
As the global natural gas consumption cores shifts eastward, the natural gas import market competition in the Asia Pacific is increasingly intensified. This paper presents a composite index for assessing the natural gas supply security to identify…
East Asia is the world's main natural gas importing region, in which China became the world's largest gas importer in 2018. However, China's natural gas imports are subject to a high premium level, which increases the gas import cost and negatively…
Crude oil is normally produced in the form of a water-in-oil (W/O) emulsion. One of the major challenges during crude oil exploration is the high viscosity of crude oil produced due to the formation of stable emulsions. This affects the overall cost…
Based on the Yangtze River macroeconomic regulation and control of hazardous cargo transportation market background, the article analyzes the economic and trade situation and policy environment of the crude oil transportation market in view of the…
Network models of energy markets have been beneficial for analyses and decision-making to tackle challenges related to the production, distribution and consumption of energy in its various forms. Despite the growing awareness of environmental and…