Most major oil and gas firms engage in both upstream (i.e., hydrocarbon exploration and production) and downstream (i.e., hydrocarbon refining and marketing) businesses as well as related activities such as chemicals, and their R&D activities serve the needs of these businesses. During the past decade or so, the R&D spending of oil and gas firms has generally declined. According to a DOE survey, R&D spending by major energy producers within the United States declined from $3.05 billion in 1994 to $1.33 billion in 2000. Although not true of all producers internationally, the broad global trend over the past decade or so seems to be along similar lines. (more…)
Tanker transportation and oil transport functions as an important link to facilitate the flow of oil and products from their li ...
The focus of this section is on the quantitative assessment of the impact of oil price fluctuations on inflation. For that purp ...
Various provisions in the federal income tax treat energy producers more or less favorably than other businesses. By changing t ...
The evolution of oil prices is typically subject to a very high degree of uncertainty, given the extremely volatile nature of c ...
There are many possible reasons for suspecting market failure in a product like gasoline. Throughout the world, the exploration ...
Government expenditures on energy R&D, energy conservation have risen steadily over the past decade, but only two countries, Japan and the United States, are responsible for the bulk of expenditures in this area. Until the mid-1990s, global conservation expenditures were more or less split equally among the transportation, industrial, and residential sectors, but during the past few years, there has been a sharp rise in industrial conservation R&D efforts. (more…)
Not surprisingly, most Energy Research and Development takes place in industrialized countries where both the public and private se ...
Nuclear fission and fusion Research and Development continues to account for nearly half of the total spending by IEA countries, al ...
The aim of this broad sweep through the area of energy innovation, highlighting the main actors, activities, policies, institutions ...
Japan has the largest Photovoltaic installed capacity in the world as a result of the sustained investments made by the country thr ...
Electric and gas utilities’ Research & Development activities deal nearly exclusively with energy conversion, distribution, and ene ...
