scholarly journals The trade of energy commodities between the European Union and the United States – crude oil and natural gas

2016 ◽  
Vol 32 (4) ◽  
pp. 141-156
Author(s):  
Tadeusz Olkuski ◽  
Adam Szurlej ◽  
Barbara Tora
Keyword(s):  
United States ◽  
European Union ◽  
Natural Gas ◽  
Crude Oil ◽  
Mutual Recognition ◽  
The United States ◽  
Gas Production ◽  
Common Market ◽  
The European Union ◽  
Oil And Natural Gas

AbstractThe trend towards globalization can be observed for many years. It is reflected by the ongoing elimination of trade barriers between countries and the introduction of a system of mutual recognition of quality standards. The best example is the European Union, where a common market for many industries has been developed. Such a common market has already existed before in the United States of America and that this is why the negotiations on the merger of the largest and most developed economies in the world started in 2013. The currently negotiated agreement, the Transatlantic Trade and Investment Partnership (TTIP) is designed to eliminate barriers to trade and capital flows between the two mentioned markets. The article attempts to evaluate the trade of energy commodities, namely crude oil and natural gas, between the European Union and the United States. The estimates for the next years are based on historical data and the current state. The dynamics of natural gas and crude oil production in the European Union and the United States, as well as changes in the import and export of these energy resources, have been shown. The volume of gas production from the largest North American deposits was also subjected to analysis. Special attention was paid to natural gas from unconventional deposits, as its production is expected to grow continuously until 2040. Meanwhile, the production of gas from conventional deposits is expected to decrease. The rest of the paper is focused on the balance sheets of cash for oil and natural gas. It was pointed out that the market situation for both commodities is different. In the EU, the production and consumption of both crude oil and natural gas gradually decreases, while in the United States this trend is reversed. On the other hand, some similarities can be seen in the refining industry. In recent years, many refineries were closed both in the European Union and in the United States. However, though this trend was more pronounced in Europe. In the case of liquefied gas (LNG), the expansion of US gas to Europe can be expected. Currently, the United States is building about 30 export terminals and production surpluses will certainly be exported to Europe. Judging by the pace of development of export terminals, it can be assumed that the power of condensation can reach up to 110 million tons in the near future and, as a consequence, natural gas in the form of LNG will be supplied to the European market.

Free Movement and Discrimination: Evidence from Europe, the United States, and Canada

2013 ◽  
Vol 15 (1) ◽  
pp. 91-110 ◽  
Author(s):  
Willem Maas
Keyword(s):  
United States ◽  
European Union ◽  
International Migration ◽  
Mutual Recognition ◽  
The United States ◽  
Free Movement ◽  
The European Union ◽  
Good Test ◽  
The Right ◽  
The Eu

Abstract This article surveys some general lessons to be drawn from the tension between the promise of citizenship to deliver equality and the particularistic drive to maintain diversity. Democratic states tend to guarantee free movement within their territory to all citizens, as a core right of citizenship. Similarly, the European Union guarantees (as the core right of EU citizenship) the right to live and the right to work anywhere within EU territory to EU citizens and members of their families. Such rights reflect the project of equality and undifferentiated individual rights for all who have the status of citizen. But they are not uncontested. Within the EU, several member states propose to reintroduce border controls and to restrict access for EU citizens who claim social assistance. Similar tensions and attempts to discourage freedom of movement also exist in other political systems, and the article gives examples from the United States and Canada. Within democratic states, particularly federal ones and others where decentralized jurisdictions are responsible for social welfare provision, it thus appears that some citizens can be more equal than others. Principles such as benefit portability, prohibition of residence requirements for access to programs or rights, and mutual recognition of qualifications and credentials facilitate the free flow of people within states and reflect the attempt to eliminate internal borders. Within the growing field of migration studies, most research focuses on international migration, movement between states, involving international borders. But migration across jurisdictional boundaries within states is at least as important as international migration. Within the European Union, free movement often means changing residence across jurisdictional boundaries within a political system with a common citizenship, even though EU citizenship is not traditional national citizenship. The EU is thus a good test of the tension between the equality promised by common citizenship and the diversity institutionalized by borders.

scholarly journals Energy market in European Union and interests of Serbia

2009 ◽  
Vol 61 (4) ◽  
pp. 515-535
Author(s):  
Stevan Rapaic
Keyword(s):  
European Union ◽  
Natural Gas ◽  
Crude Oil ◽  
Political Interest ◽  
Energy Market ◽  
The European Union ◽  
Strategic Partner ◽  
Transit Country ◽  
Oil And Natural Gas ◽  
Main Factors

The author deals with energy market in Europe by presenting the gross consumption of energy as well as production of energy within the European Union. The need of EU for natural gas and crude oil is one of the main factors why Russia is still the key player in Europe's energy market. European Union is trying to leave Russia behind by importing crude oil and natural gas from countries like Norway, Saudi Arabia, Algeria, Libya, Nigeria, Iraq, but Europe is still highly dependent of Russian energy. Considering these facts, Serbia recognizes that its economic and political interest is to become a strategic partner with European Union as transit country for Russia's natural gas and crude oil. .

GEOPHYSICAL ACTIVITY IN THE OIL INDUSTRY IN THE UNITED STATES IN 1947

Geophysics ◽  
1948 ◽  
Vol 13 (4) ◽  
pp. 529-534 ◽  
Author(s):  
E. A. Eckhardt
Keyword(s):  
United States ◽  
Natural Gas ◽  
Crude Oil ◽  
Oil Industry ◽  
The United States ◽  
Oil And Natural Gas ◽  
One Year

In 1947 the oil industry of the United States produced 2.011 billion barrels of crude oil and natural‐gas liquids. The same number of barrels of new oil must be discovered in one year if the industry is to maintain its reserves. This provides a measure of the exploration job to be done.

scholarly journals ANALYSIS OF LNG MARKET TRENDS AND PROSPECTS FOR THE IMPLEMENTATION OF RUSSIAN ARCTIC LNG PROJECTS.

2021 ◽  
Vol 71 (1/2021) ◽  
pp. 83-99
Author(s):  
Michael V. Ulchenko ◽  
Keyword(s):  
United States ◽  
Natural Gas ◽  
Production Capacity ◽  
The United States ◽  
Gas Production ◽  
Liquefied Natural Gas ◽  
Asia Pacific ◽  
The European Union ◽  
Gas Market ◽  
Near Future

Currently, natural gas is considered by most countries as the main source of energy, since it is the cleanest of all hydrocarbon fuels. So, the countries of the European Union have already announced their intention to completely abandon coal, in the production of electricity, in favor of natural gas by 2030. A similar policy is being pursued by the countries of the Asia-Pacific region, although they do not specify any specific deadlines. At the same time, natural gas is transported in two ways — using a pipeline and in liquefied form. The main advantage of the second method is that after liquefaction, the gas can be delivered to any point of the planet where there is a demand for it. Currently, the growth rate of the liquefied natural gas market is such that in 15–20 years it will not only catch up with the pipeline market, but also surpass it The paper identifies the key producers and exporters of liquefied natural gas, as well as assesses their potential opportunities in terms of increasing the volume of natural gas production and LNG production. The analysis showed that at the beginning of 2021, the main LNG exporters are Australia, Algeria, Indonesia, Malaysia, Qatar, Nigeria, Russia and the United States. At the same time, Qatar, Russia and the United States have real opportunities to increase export volumes. Australia is also able to increase production volumes, as it has reserves and spare production capacity, but due to the significantly increased domestic demand for LNG, it is likely that it will not be able to do this in the near future.

scholarly journals Daily Satellite Observations of Methane from Oil and Gas Production Regions in the United States

2020 ◽  
Author(s):  
Pieternel Levelt ◽  
Pepijn Veefkind ◽  
Esther Roosenbrand ◽  
John Lin ◽  
Jochen Landgraf ◽  
...  
Keyword(s):  
United States ◽  
Natural Gas ◽  
Oil And Gas ◽  
The United States ◽  
Methane Emissions ◽  
Gas Production ◽  
Oil And Gas Production ◽  
Natural Gas Production ◽  
Oil And Natural Gas

<p>Production of oil and natural gas in North America is at an all-time high due to the development and use of horizontal drilling and hydraulic fracturing. Methane emissions associated with this industrial activity are a concern because of the contribution to climate radiative forcing. We present new measurements from the space-based TROPOspheric Monitoring Instrument (TROPOMI) launched in 2017 that show methane enhancements over production regions in the United States. Using methane and NO<sub>2</sub> column measurements from the new TROPOMI instrument, we show that emissions from oil and gas production in the Uintah and Permian Basins can be observed in the data from individual overpasses. This is a vast improvement over measurements from previous satellite instruments, which typically needed to be averaged over a year or more to quantify trends and regional enhancements in methane emissions. In the Uintah Basin in Utah, TROPOMI methane columns correlated with in-situ measurements, and the highest columns were observed over the deepest parts of the basin, consistent with the accumulation of emissions underneath inversions. In the Permian Basin in Texas and New Mexico, methane columns showed maxima over regions with the highest natural gas production and were correlated with nitrogen-dioxide columns at a ratio that is consistent with results from in-situ airborne measurements. The improved detail provided by TROPOMI will likely enable the timely monitoring from space of methane and NO2 emissions associated with regular oil and natural gas production.</p>

scholarly journals The Three Seas Initiative and its Economic and Geopolitical Effect on the European Union and Central and Eastern Europe

2019 ◽  
Vol 22 (2) ◽  
pp. 105-119 ◽  
Author(s):  
Grzegorz Zbińkowski
Keyword(s):  
European Union ◽  
Natural Gas ◽  
Crude Oil ◽  
Eastern Europe ◽  
Energy Security ◽  
Central And Eastern Europe ◽  
The European Union ◽  
Eu Countries ◽  
Oil And Natural Gas ◽  
The Eu

The objective of this paper is a presentation of results of an analysis of the Three Seas Initiative (TSI), whose participating countries (except Austria) treat it as a method of: a) reducing their dependence on crude oil and natural gas imports from Russia, thus increasing their energy security; b) accelerated filling of the persisting civilisation gap between the initiative participants and more developed EU countries owing to the improved quality and maturity of the transport and digital North‑South infrastructure; and c) the actual implementation of the “vision of a Europe whole, free and at peace.” The analysis has assumed the following research hypothesis: The CEE states’ joining the EU has not markedly changed those states’ development, as material differences do still exist in this respect between the new EU states and the old ones, which was verified positively.

scholarly journals Closing the methane gap in US oil and natural gas production emissions inventories

2021 ◽  
Vol 12 (1) ◽  
Author(s):  
Jeffrey S. Rutherford ◽  
Evan D. Sherwin ◽  
Arvind P. Ravikumar ◽  
Garvin A. Heath ◽  
Jacob Englander ◽  
...  
Keyword(s):  
United States ◽  
Natural Gas ◽  
Greenhouse Gas ◽  
Spatial Scales ◽  
Field Measurements ◽  
Field Studies ◽  
The United States ◽  
Gas Production ◽  
Component Level ◽  
Oil And Natural Gas

AbstractMethane (CH4) emissions from oil and natural gas (O&NG) systems are an important contributor to greenhouse gas emissions. In the United States, recent synthesis studies of field measurements of CH4 emissions at different spatial scales are ~1.5–2× greater compared to official greenhouse gas inventory (GHGI) estimates, with the production-segment as the dominant contributor to this divergence. Based on an updated synthesis of measurements from component-level field studies, we develop a new inventory-based model for CH4 emissions, for the production-segment only, that agrees within error with recent syntheses of site-level field studies and allows for isolation of equipment-level contributions. We find that unintentional emissions from liquid storage tanks and other equipment leaks are the largest contributors to divergence with the GHGI. If our proposed method were adopted in the United States and other jurisdictions, inventory estimates could better guide CH4 mitigation policy priorities.

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