States and Markets in Hydrocarbon Sectors

Research on the role of states and markets in the hydrocarbon sector is highly topical in contemporary International Political Economy. In some areas, this is a result of new hydrocarbon discoveries, in others it relates to factors like unsatisfactory progress in energy markets or pollution and other negative externalities. Recent international discussion in this area has so far focused on specific topics such as the role of national oil companies or the impact of government policies on national supply reservations or local content requirements. This edited collection will approach the same question but from a broader perspective, investigating the very essence of the interaction between the state and the market and how this varies on a regional basis.

Andrei V Belyi is Senior Researcher at the University of Tartu, Estonia. He is an expert of international gas markets, Russian energy policies and EU-Russia energy relations.

Kim Talus is Professor of European economic and energy law at the University of Eastern Finland and the Director of the Center for Climate Change, Energy and Environmental Law, Finland. His research and other activities focus on international upstream petroleum law and regulation, and on EU energy law and policy. He has published widely in these areas and is the editor of Oil, Gas and Energy Law journal.