We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Russian petroleum industry and globalization - Dissertation Example

Comments (0) Cite this document
This paper tells about Russian Petroleum industry and their transition into the global markets and presents the argument that the Russian Oil and Gas industry's been successful in retaining the government control on natural resources and restricting access of foreign investors into the country…
Download full paperFile format: .doc, available for editing
Polish This Essay91.1% of users find it useful
Russian petroleum industry and globalization
Read TextPreview

Extract of sample
"Russian petroleum industry and globalization"

Download file to see previous pages 4.Functional Structure of Organizations 11 In the petroleum industry, organizations grouped their employees based on their specialization together: Reservoir Engineers together, Production Technologist together, etc., which resulted in a Functional structure. Figure 1 presents an example of a Functional structure in case of an Operating Unit in the petroleum industry (in an oversimplified situation). Because of the grouping of functional activities into specialized departments, the organization is able to support in-depth skill development, which is considered to be one of the key strengths of the functional organization. However, functional grouping also has its drawbacks; as the environment becomes more uncertain and dynamic, many decisions are pushed to higher hierarchical levels, which slows down the process of decision-making. Price shocks of oil and gas in the 1980s resulted in major cost cuttings between 1982 and 1986, major petroleum companies (except for Shell) announced radical restructuring programs, which included a reformulation of business strategies within core oil and gas businesses and reduction of staff. Shell did not major restructure its organization, but did reduce staff for ~20%. Although petroleum companies reduced a great number of their staff, the actual amount of work remained the same. 11 5.Russian Petroleum and the Global Scenario 12 5.1.FDI of Russian Companies Globally 13 5.2.Energy as a Strategic Asset 13 5.3.Opportunities for Russia 14 III.Investigation to Support Model 15 1.Sample for Investigation 15 2.Investigation Results in Tabular Form 16 IV.Results of Investigation 21 1.Power distribution on “Exploration processes” and “Business development” 21 2.Power distribution on “Project Planning” and “Project execution” 22...
Over the years, this strategy has been successful and beneficial for the country. Presently, various other factors have come into play such as the need for efficiency, reducing costs and the role of international market forces. The oil prices which reached the peak in 2008 have stabilized over past 3 years. This fact affects the financial results of Russian petroleum companies and Russia GDP. For example EBITDA of the LUK oil has decreased up to 14% since 2008. Russia government faces new challenges to provide GDP growth. One of the major steps is to find new projects which should be developed. These projects can be in Russian territory or abroad.
With the help of secondary research it has been proposed that Russian energy can be used as a strategic resource in establishing a notable presence in the global markets. This paper investigates the path of multinational (MNCs) petroleum companies from national to international markets. My research proposes that the organizational structure of some MNCs operating from Russia can adapt techniques of their global counterparts. The research describes the variety of models that companies use to manage their international assets. The common models and solutions are recommended to use in case of Russian petroleum companies with respect to cultural differences and administrative heritage.
Russia is the largest country in the world in terms of area; it is also the second largest producer of energy of which about 40% of the production is exported-making Russian the largest exporter of energy in the world. Thus Russia plays a pivotal role in the international oil market with their production of upto 9.96 million barrels per day (Locatelli & Rossiaud, 2011). ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Russian petroleum industry and globalization Dissertation”, n.d.)
Retrieved from https://studentshare.org/business/1402020-russian-petroleum-industry-and-globalization
(Russian Petroleum Industry and Globalization Dissertation)
“Russian Petroleum Industry and Globalization Dissertation”, n.d. https://studentshare.org/business/1402020-russian-petroleum-industry-and-globalization.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Analysis Of Russian-British Economical And Trade Cooperations: Existing Situations And Perspectives
This study is governed by the following objectives: to describe the current UK-Russia trade relations; to determine whether it is viable; to identify the problems and challenges in the bilateral trade relations; and, to propose solutions to address or improve on them. The study can contribute to the body of literature that can inform related policy-making.
10 Pages(2500 words)Dissertation
Tourism industry
Changing demography and evolving global market have significantly impacted the hospitality industry. Kotler et al., (2007) have claimed that demographic compulsions influence market position. The demography changes vis-à-vis increased income, age distribution, population size etc., have tremendous impact on consumer behaviour.
5 Pages(1250 words)Dissertation
The Changing Role of National oil companies in the international energy Market
National oil companies have recently made a major impact on the international market, and these contributions have managed to assist countries in securing higher profits and in powering their industries. The role of these national oil companies have changed and have now taken on more international tones.
32 Pages(8000 words)Dissertation
The future of Liquefied Petroleum Gas (LPG)
Despite this, they continue to use up the world’s resources for their own good. In the recent decade, however, quite a few countries have shown concern about the earth’s scarce resources, and about conservation of energy, which would otherwise affect the future adversely.
10 Pages(2500 words)Dissertation
Globalization and Business Complexities
However, globalization is not without complexities. This paper is a report of the study conducted in Unilever Nigeria, exploring the most serious complexities behind globalization and their effects on business. A brief review of relevant literature is included.
10 Pages(2500 words)Dissertation
Sense Making and sustainability in Petroleum industry
  The intertwining of the information exchange and bridging the trade gaps between countries have led the companies enjoy maximum profit with cost effective dimensions. In order to maximize profit and minimize cost, there emerge some adverse ethical issues which are not all desirable for the health of the organizations
60 Pages(15000 words)Dissertation
The Development of Barrier to Entry in B2B Markets. The Case of Russian Underground Construction Industry
a analysis 26 Ethical considerations 28 Findings 30 Summary of findings 39 Discussion 41 Entry barriers in Russian underground construction industry 42 Conclusion 47 Revisiting research aims and objectives 48 Recommendations 49 Concluding remarks 49 Appendix 50 EXECUTIVE SUMMARY The researcher investigated the current business conditions within the tunnelling and underground construction in Russia, and specifically peeked at entry barriers that impact the businesses and the ability of various potential entrepreneurs investing in this industry.
4 Pages(1000 words)Dissertation
Russian Economy: Before and After the Crisis of 1998
This dissertation reveals a detailed review of the available literature on the various factors responsible for the financial crisis in the Russian economy and the economic progress made by the country in the post-crisis period. The Russian Federation experienced a sudden explosion of the barter and money surrogates during the period between the years 1995 and 1998.
43 Pages(10750 words)Dissertation
Globalization and Worldwide Poverty
According to the report a few clusters regard it with great enmity and even trepidation. These groups strongly believe that huge disparities within and between nations are triggered by this economic phenomenon, that it threatens employment prospects and people’s living standards and eventually impedes social progress.
34 Pages(8500 words)Dissertation
Leadership Style Adopted in Petroleum Development Oman
The results from the data analysis confirmed the leadership style adopted. Leaders behaviours perceived by employees is considered positive. The research also revealed that the Company opportunities for women towards progress in the organisation are welcomed. Balancing work and family life continues to provide hindrance towards women career advancement.
103 Pages(25750 words)Dissertation
Let us find you another Dissertation on topic Russian petroleum industry and globalization for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us