scholarly journals Russian multinationals in the global energy market

2020 ◽  
Vol 7 (4) ◽  
pp. 121-125
Author(s):  
Marina Tkachenko ◽  
Ruslan Shafiev

The article identifies key areas of work and prospects for Russian energy companies in world energy markets. The authors highlighted the main problems in bilateral and multilateral oil and gas cooperation between Russia and foreign partners.

2019 ◽  
Vol 135 ◽  
pp. 04043
Author(s):  
Svetlana Faizullina ◽  
Ainur Isaeva ◽  
Lailya Matkarimova ◽  
Aigul Zhuzbaeva

This article discusses the economic benefits of uranium mining, as well as its environmental and health impacts. Sustainable development includes several aspects: energy, water, the environment, food and the economy, and ensuring each of these aspects is a serious problem. Energy is at the center of other aspects of sustainability, as it has a direct relationship with water, food, and the environment. Uranium is Kazakhstan’s top priority in the global energy market. In the world, there are different opinions on the development of uranium production, increasing the value of atomic energy. Apparently, this should be preceded by a crisis in the field of oil and gas production in recent years, in connection with which the world energy market should have a diversified course depending on various energy sources. Kazakhstan is a country rich in uranium. In addition, over the years of independence, we have increased production almost four times and maintain leadership in the world. Therefore, uranium production is the most important advantage of our global energy space today.


2020 ◽  
Vol 164 ◽  
pp. 11047
Author(s):  
Alexey Efimiev ◽  
Olga Kutsygina ◽  
Margarita Agafonova ◽  
Andrei Chugunov

The paper assesses the relevant problems of the global energy paradigm, with emphasis on ensuring energy security. To solve this problem, the state and prospects of world energy markets and the forecast for their development are analyzed. The paper substantiates the importance of improving energy efficiency in Russia. It also analyzes and displays the most important aspects of global energy problems, highlights the dynamics of the global balance of energy consumption, analyzes the development of renewable energy sources. The study determined the place of fuel and energy sector in the global economy. Forecasts of global electricity consumption are presented. The paper focuses on the need for measures that contribute to overcoming energy threats in the global energy market.


2020 ◽  
Vol 26 (10) ◽  
pp. 28-35
Author(s):  
Kh. Barari Reykandeh ◽  
◽  
I. Zeleneva ◽  

In recent years the role of geo-economic factors in international relations has become more prominent. Energy resources in particular are one of the important elements of the geopolitical power of countries. Russia and Iran are both two such examples of being globally recognized as important energy producers with huge oil and gas reserves that compete amongst themselves and other producers in the global energy market. However, in many circumstances competitors also need to collaborate and work together when it comes to their common interests. This article examines the possibility of Iranian-Russian cooperation in the energy sector. Taking into account particularly the “shale revolution”, the development of the LNG industry and the unilateral actions of the United States in the world energy market, this study will argue and emphasize that the cooperation and coordination of actions between Iran and Russia in the global energy sector has become more urgent and prominent. In addition to interaction within the framework of the GECF and OPEC, such issues as Russia’s participation in the Iran-Pakistan-India (IPI) gas pipeline project, the energy security of the Caspian Sea, the exchange of electricity through the Caucasus, i. e.  the creation of electric network between Russia - Azerbaijan - Iran or between Russia - Georgia - Armenia - Iran, as well as the development of Iran’s cooperation with the Eurasian Economic Union in the energy sector are also factors that can lead to the development of the Russian-Iranian- relations and the strengthening of stability and security in the region


Author(s):  
Carolyn Snell

This chapter explores claims made by policy makers in the UK that, despite having no control over global energy markets, existing policy protects households vulnerable to fuel poverty through the regulation of commercial energy suppliers and specific policies that provide cash transfers and energy-efficiency measures. Keeping energy prices low is an essential part of the UK government's approach to fuel poverty alleviation, but this task is a complex one in which the steering capacity of the nation-state often seems weak and its capacity hollowed out. This is exacerbated by a neoliberal policy direction that funds environmental and social policy measures through charges on energy bills rather than through tax-funded programmes. The chapter then argues that existing policy has been somewhat contradictory in its view of the government's power to steer energy markets. While the Department for Energy and Climate Change suggested that the UK has no control over the global energy market, this does not match political rhetoric, which has emphasised the importance of increasing domestic energy security in order to spread risk and reduce dependence on politically unstable fossil fuel-producing states, and has also seen political pressure placed on the six main energy companies to lower energy charges to consumers.


2006 ◽  
pp. 119-136 ◽  
Author(s):  
V. Mironov ◽  
S. Pukhov

The tendencies and prospects of the Russian economy development as an energy net-exporter country are considered in the context of perspective supply-demand dynamics in the world energy markets. Medium- and long-term prospects of oil and gas prices dynamics as one of the key factors of economic growth in Russia in the post-crisis period are analyzed. It is shown that due to predicted slowing of the world energy demand growth rates and strengthening in this connection of the competition in the traditional Russian markets the dual Russian economy character (it is not only a producer, but also a rather intensive consumer of energy) makes the problem of internal economy diversification very urgent. A conclusion is made that it is necessary to carry out preventive measures aimed at accelerated transformation of the Russian gas sector (or in addition to the oil sector) into a major factor of economic growth.


2016 ◽  
Vol 21 (1) ◽  
pp. 45-60 ◽  
Author(s):  
Chrysovalantis Amountzias ◽  
Hulya Dagdeviren ◽  
Tassos Patokos

In this paper, we assess the findings of the UK energy market investigation by the Competition and Markets Authority, conducted during June 2014–June 2016. We argue that the results of the investigation have been advantageous for the large energy companies and they risk failing to bring any significant and positive change to the energy industry. We highlight three major aspects of the Competition and Markets Authority's assessment. First, the panel examined retail and wholesale segments of the energy industry in isolation, which can be misleading in the assessment of vertical integration. It also considered new entries to the sector as a sign of competitive strength when many were due to favourable government policies in the form of exemptions from various obligations. Second, its conclusion that a position of unilateral market power by the large energy companies arises from weak customer engagement (i.e. low switching rates) shifts the focus and responsibility for the problems of the energy markets away from the conduct of the companies onto customers. Finally, the investigation placed an overemphasis on competition without due reference to its consequences for consumers’ welfare.


1994 ◽  
Vol 12 (1) ◽  
pp. 59-72
Author(s):  
Peter Odell

World energy supplies to the year 2010 are reviewed. At energy and oil prices not significantly different from $18 per barrel oil in 1992 money terms, there are alternatives to the Middle East becoming the core supplier of oil.


2011 ◽  
Vol 35 (2) ◽  
pp. 67-72 ◽  
Author(s):  
Joseph L. Conrad ◽  
M. Chad Bolding

Abstract Recent interest in producing energy from woody biomass has raised questions about the coexistence of wood-to-energy markets and the traditional forest products industry in Virginia. This study examined recent trends in the forest products industry and the wood-to-energy market, as well as the potential for competition between the two industries. Results indicate that the forest products industry has struggled recently, whereas wood-to-energy markets have expanded. Current opinion varies as to whether or not the wood-to-energy market will negatively affect the forest products industry. At present, 75% of Virginia's pulpmills are located within 50 miles of a wood-to-energy facility, and all pulpmills are within 75 miles. Recent trends in pulpwood prices, fuel chip prices, and Virginia law indicate that competition for raw material is unlikely in the short term. However, this research indicates that in the longer term, depending on government policies and technological progress in conversion technologies, competition between forest industry and wood-to-energy companies is possible.


2021 ◽  
Vol 250 ◽  
pp. 06006
Author(s):  
Boris Kovalenko ◽  
Elena Kovalenko ◽  
Tamara Yakovleva

We are currently witnessing significant changes in the global energy market. The energy industry is entering the stage of the 4th energy transition, which is characterized by an increasingly large-scale increase in the use of renewable energy sources and a decrease in the share of fossil fuels. The energy sector is also strongly influenced by the trend of digital transformation and the use of digital technologies. The aim of the work is to study the possibility and conditions of using digital business models by companies in the energy sector to improve competitiveness and market growth. To achieve the goal of the study, the following tasks were set: to analyze the main trends and the state of digitalization of the energy industry; analyze digital business models and assess the possibilities of their use by energy companies; to formulate approaches to transforming the activities of energy companies in the transition to a digital business model. The authors hypothesized that the use of digital business models will allow energy companies to remain competitive and gain access to new markets by introducing new technologies. To conduct the study, the methods of microeconomic and industry analysis, systemic and comparative analysis, and analysis of the organizational behavior of the company were used. The results of the analysis showed that the global energy market is characterized by growth in dynamics and volatility. In order to adapt to changing conditions and maintain competitiveness, energy companies need to take advantage of digitalization and shape a digital strategy. One of the basic elements of an organization’s digital strategy is a successful digital business model. The article discusses the types and features of digital business models, and also formulates approaches to transforming the activities of energy companies in the transition to a digital business model.


Author(s):  
Zoya Podoba ◽  
Anastasiya Lavrova

The paper determines the vector of influence of the “shale revolution” on international energy markets based on the analysis of volume and price dynamics of world oil and gas markets, as well as energy trade in the United States. The study contains a multilateral assessment of trends emerging from the development of shale technologies. Using regression models, the authors trace a statistically significant impact of the “shale revolution” on the price dynamics of the global energy market. Panel data analysis for the period from 2010 to 2019 shows a direct dependence between the decline in energy imports in the United States and global oil and gas prices, and the inverse dependence between the increase in exports from the United States and prices of oil (Brent) and European gas (NBP). Due to active use and continuous improvement of horizontal drilling and hydraulic fracturing techniques in the second decade of the twenty-first century the USA is decreasing its energy import dependency and transforming into a net exporter of hydrocarbons. It results in the supply disbalance on global energy markets. The ongoing changes in the US oil and gas production are leading to the transformation of geopolitical situation on world energy markets. If a decade ago, the US strategy was aimed at guaranteeing stable energy supplies, now it is the capture of markets and crowding out competitors by all possible means.


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