scholarly journals FOREIGN INVESTMENTS IN THE RUSSIAN OIL AND GAS INDUSTRY

2019 ◽  
Vol 2 (5) ◽  
pp. 199-205
Author(s):  
Svetlana Shumilova
Keyword(s):  
Foreign Investment ◽  
Oil And Gas ◽  
Supply And Demand ◽  
Oil And Gas Industry ◽  
Retail Trade ◽  
Energy Prices ◽  
Economic Activities ◽  
Foreign Investors ◽  
Russian Economy ◽  
Current Price

Foreign investment is the driving force behind the development of the Russian oil and gas complex and the economy as a whole. This was the case until 2014; the current situation has changed somewhat: the inflow of foreign investment in the Russian energy sector is complicated not only by the imposed sanctions, but also by the main obstacle - instability of world energy prices. The current price conjuncture, as well as the situation with supply and demand, is pushing foreign investors to reduce investment proposals. The article analyzes the dynamics, species and sectoral structure of annual flows of foreign investment in the Russian economy, which allows to identify the main trends in attracting foreign capital in the past few years. In the Russian economy, at the moment, the most attractive areas for foreign investors are mining, manufacturing, wholesale and retail trade. These economic activities account for more than 60% of the total foreign investment.

Emergence of New Russian and Foreign Investors in the Russian Oil and Gas Complex

1996 ◽  
Vol 14 (2) ◽  
pp. 119-125
Author(s):  
A. A. Arbatov
Keyword(s):  
Decision Making ◽  
Foreign Investment ◽  
Critical Analysis ◽  
Oil And Gas ◽  
Foreign Investors ◽  
Oil And Gas Exploration ◽  
Russian Economy ◽  
Factors Influencing ◽  
Exploration And Production

A critical analysis is presented of the factors influencing foreign investment in Russian oil and gas exploration and production. Greater stability in the Russian economy would help and unfortunately some elements of the Russian bureaucracy hinder quick decision making. Western investors could improve their position by concentrating on developments which are unlikely to be developed by Russian companies in the next decade.

What Does Rent Give to Federal Budget (on the Russia's Budget Dependence upon "Oil Dollars")

2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin
Keyword(s):  
Oil And Gas ◽  
Strong Dependence ◽  
Oil Prices ◽  
Federal Budget ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Resource Rent ◽  
Tax Legislation ◽  
Russian Economy ◽  
The Government

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.

The Political Economy of Power: Approaches to the Analysis of Relationships between the State and Business in Russia

2011 ◽  
pp. 19-33
Author(s):  
A. Oleinik
Keyword(s):  
Oil And Gas ◽  
Road Construction ◽  
Oil And Gas Industry ◽  
Retail Trade ◽  
Business Community ◽  
The Political ◽  
Economic Power ◽  
Gas Industry ◽  
The Road ◽  
Ruling Elites

The article deals with the issues of political and economic power as well as their constellation on the market. The theory of public choice and the theory of public contract are confronted with an approach centered on the power triad. If structured in the power triad, interactions among states representatives, businesses with structural advantages and businesses without structural advantages allow capturing administrative rents. The political power of the ruling elites coexists with economic power of certain members of the business community. The situation in the oil and gas industry, the retail trade and the road construction and operation industry in Russia illustrates key moments in the proposed analysis.

scholarly journals СREATION OF FAVORABLE CONDITIONS FOR FOREIGN INVESTMENT IN RUSSIA

2016 ◽  
Vol 2016 (1) ◽  
pp. 83-87
Author(s):  
Сергей Недосекин ◽  
Sergey Nedosekin
Keyword(s):  
Russian Federation ◽  
Foreign Investment ◽  
Statistical Information ◽  
Sharp Decline ◽  
Foreign Investors ◽  
Russian Economy ◽  
The Russian Federation ◽  
Favorable Conditions

Urrently, Russia is not included in the list of attractive countries for foreign investors. This paperis devoted to the analysis of foreign investment in the Russian Federation and the ways of creating favorable conditions for them. The methodology of the research is based on a review of analytical materials in open sources, primarily - the statistical information. According to the analysis, in 2014 the Russian economy witnessed a sharp decline in foreign investment, which is extremely worrying for the country’s economy.

Analyzing the assets of the world’s leading public oil and gas corporations

2020 ◽  
Vol 19 (2) ◽  
pp. 359-373
Author(s):  
O.V. Shimko
Keyword(s):  
Statistical Analysis ◽  
Public Sector ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Annual Reports ◽  
Economic Activities ◽  
Public Companies ◽  
Gas Industry ◽  
The Public ◽  
Oil And Gas Companies

Subject. The article analyzes assets of the largest public companies operating in the oil and gas industry from 2006 to 2018, like ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum, Devon Energy, Anadarko Petroleum, PAO Gazprom, PAO NK Rosneft, PAO LUKOIL, and others. Objectives. The aim is to make a comprehensive statistical analysis of changes in absolute values and the structure of assets in the public sector of the oil and gas industry. Methods. The study employs methods of statistical analysis and generalization of materials of official annual reports based on the results of financial and economic activities of the largest public oil and gas corporations. Results. Using the comprehensive analysis of balance sheets of 25 oil and gas companies, I determine changes in the size and structure of assets in the public sector of the industry, and establish the main factors that contributed to this transformation. Conclusions. The findings revealed an increase in the book value of assets in the majority of leading public oil and gas companies. Large mergers and acquisitions and agreements for new field developments also contributed to the increase. The study established that the protracted industry crisis resulted in reducing the proportion of current assets in order to release funds for revenue increase. That was why oil and gas companies sought to accelerate the collection of receivables, primarily by means of trade component. It was also determined that they channeled a part of funds thus collected to short-term financial investments.

Russian depreciation policy: causes and solutions

2017 ◽  
Vol 30 (1) ◽  
pp. 126-135 ◽  
Author(s):  
A. N. Ivanov
Keyword(s):  
Historical Perspective ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Russian Economy ◽  
Fixed Assets ◽  
High Level ◽  
Very High

Today the Russian economy has a very high level of the depreciation of fixed assets, which more and more brightly expressed in the reduction of competitiveness of oil and gas industry. The main reason is an ineffective system of depreciation policy in the country. This article deals with the main «weaknesses» of Russian depreciation policy, their causes in historical perspective, and provides experts’ solutions and the author's vision on the necessary updates.

Business environment review 2020

2021 ◽  
Vol 61 (2) ◽  
pp. 347
Author(s):  
Simon Molyneux
Keyword(s):  
Carbon Emissions ◽  
Oil And Gas ◽  
Supply And Demand ◽  
Petroleum Industry ◽  
Commodity Prices ◽  
Oil And Gas Industry ◽  
Business Environment ◽  
Gas Industry ◽  
The Impact ◽  
Oil Gas

The petroleum (oil, gas and LNG) business environment in 2020 was adverse. Two factors disrupted the foundations of the global oil and gas industry. First, the COVID-19 global pandemic caused an unprecedented reduction of demand that combined with high levels of production resulted in oversupply of oil, gas and LNG. This gap between supply and demand resulted in a collapse in commodity prices, reduced revenues and cancelling or deferral of investment. Second, societal awareness of the impact of climate change on planet Earth increased. Pressure to reduce carbon emissions and a concomitant societal-shift against carbon-emissions intensive petroleum-based forms of energy generation intensified. Many major players in the petroleum industry re-framed their strategies to focus on energy supply in general and in some cases plan to cease their exploration, development and production activities in the coming decades. In Australia, in part global factors manifested in the deferral of investment decisions on three LNG investments. The Australian Government signalled that gas developments would be a critical part of Australia’s post-COVID recovery and that management of abandonment and decommissioning liabilities would be a factor in the approval of transactions leading to a change in ownership. This paper will describe each of the factors faced by the industry in 2020 and frame the issues facing the petroleum industry in 2021 and beyond.

On the modern trends in russian oil and gas industry companies’ branding

2021 ◽  
Vol 7 (Extra-B) ◽  
pp. 263-270
Author(s):  
Maksim Maksimov ◽  
Liudmila Chernenkaya ◽  
Yury Korechkov ◽  
Gulnar Zanguttina ◽  
Natalia Prodanova ◽  
...  
Keyword(s):  
Oil And Gas ◽  
Physical Nature ◽  
Oil And Gas Industry ◽  
Competitive Market ◽  
Brand Value ◽  
Gas Industry ◽  
Important Place ◽  
Theoretical Part ◽  
Russian Economy ◽  
A Company

The branding tool has recently become one of the most popular and dynamically developing methods of promoting a company in a competitive market. At the same time, the physical nature of markets can be quite arbitrary. Our article describes a theoretical and practical study of branding in the oil and gas industry in Russia. The oil and gas industry occupies a very important place in the Russian economy. The industry has its own unique ecosystem of businesses, from small independent operators to large oil and gas corporations. Taking this into account, the branding factor is becoming one of the most important arguments in the competition. This aspect determines the relevance of the study. The object of the research is PJSC "Gazprom". The theoretical part of the article is devoted to the study of the concept of brand and branding. While the analytical part describes the characteristics of PJSC "Gazprom" and estimates of the brand value.

The Financial Significance of the Oil and Gas Sector for the Russian Economy

2012 ◽  
pp. 76-91
Author(s):  
L. Eder ◽  
I. Filimonova
Keyword(s):  
Oil And Gas ◽  
Federal Budget ◽  
Oil And Gas Industry ◽  
International Markets ◽  
Balance Of Payments ◽  
Financial Indicators ◽  
Gas Industry ◽  
Russian Economy ◽  
Oil And Gas Companies ◽  
Oil And Gas Sector

The article describes the complex of economic and financial indicators reflecting the results of Russia’s oil and gas industry in 2011. Price environment of the major energy resources with regard to their realization at the domestic and international markets is analyzed. Main indicators of economic performance of the oil and gas industry (revenue, profit, profitability) are reviewed with differentiation by companies. The authors consider the tax burden for the oil and gas companies; show their role in forming federal budget revenues. The paper presents the analysis of specialized funds and reserves that are formed at the expense of oil and gas industry sources; examines Russia’s balance of payments as well as revenues generated by oil and gas exports. The stock market structure of Russia and the world is described with consideration of particular oil and gas companies.

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