Research output: Contribution to journal › Conference article › peer-review
Study of the economic growth of oil and gas companies in Russia. / Filimonova, Irina V.; Nemov, Vasiliy U.; Mishenin, Mikhail V. et al.
In: International Multidisciplinary Scientific GeoConference Surveying Geology and Mining Ecology Management, SGEM, Vol. 19, No. 5.3, 2019, p. 721-726.Research output: Contribution to journal › Conference article › peer-review
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TY - JOUR
T1 - Study of the economic growth of oil and gas companies in Russia
AU - Filimonova, Irina V.
AU - Nemov, Vasiliy U.
AU - Mishenin, Mikhail V.
AU - Komarova, Anna V.
AU - Dzyuba, Yuriy A.
PY - 2019
Y1 - 2019
N2 - The sustainable development of the economy of many countries is due to the stability of the oil and gas complex. Revenues of oil and gas companies form a significant part of the state budget revenues and the balance of payments. The government accumulates gold reserves by the seizure of windfall revenues of the oil companies in the period of high oil prices. In this article, we analyzed the development of the Russian oil and gas industry by the Substantial growth rate (SGR) model. In the study, the authors identified trends in current financial indicators and capital indicators in the oil and gas industry, identified a general trend for sustainable development of the industry, and identified the most significant factors for the dynamics of the steady state of oil and gas companies. Further, the authors made a forecast of the sustainable growth of the industry for several years in advance based on methods of regression analysis. The object of the research is the oil and gas industry of Russia and its companies.
AB - The sustainable development of the economy of many countries is due to the stability of the oil and gas complex. Revenues of oil and gas companies form a significant part of the state budget revenues and the balance of payments. The government accumulates gold reserves by the seizure of windfall revenues of the oil companies in the period of high oil prices. In this article, we analyzed the development of the Russian oil and gas industry by the Substantial growth rate (SGR) model. In the study, the authors identified trends in current financial indicators and capital indicators in the oil and gas industry, identified a general trend for sustainable development of the industry, and identified the most significant factors for the dynamics of the steady state of oil and gas companies. Further, the authors made a forecast of the sustainable growth of the industry for several years in advance based on methods of regression analysis. The object of the research is the oil and gas industry of Russia and its companies.
KW - Economic growth
KW - Oil and gas companies
KW - Russia
KW - SGR
UR - http://www.scopus.com/inward/record.url?scp=85084329805&partnerID=8YFLogxK
U2 - 10.5593/sgem2019/5.3/S21.090
DO - 10.5593/sgem2019/5.3/S21.090
M3 - Conference article
AN - SCOPUS:85084329805
VL - 19
SP - 721
EP - 726
JO - International Multidisciplinary Scientific GeoConference Surveying Geology and Mining Ecology Management, SGEM
JF - International Multidisciplinary Scientific GeoConference Surveying Geology and Mining Ecology Management, SGEM
SN - 1314-2704
IS - 5.3
T2 - 19th International Multidisciplinary Scientific Geoconference, SGEM 2019
Y2 - 30 June 2019 through 6 July 2019
ER -
ID: 25374165