| Larkova Elizaveta Andreevna, Lomakina Daria Alexandrovna, Yakimova Olga Sergeevna
Oil and Gas industry risk identification
ID number: J201964
Abstract: This paper is a compilation of information that give a general picture of the current situation of Russian oil and gas industry. The risk identification of the Russian oil and gas sector is complicated by statistical peculiarities and information asymmetry. The four major groups of risks have been identified for this sector, adding up to 10 risks overall. The aim of this paper is to analyze the current state of the oil and gas industry of Russia in the conditions of falling oil prices and sanctions policy. The research methodology is based on a systematic approach to assessing the state of the oil and gas industry of Russia.
Key-words: Russian oil and gas industry, industry risks, financial risks, operational risks, strategic risks, energy market, sanctions, oil prices, world energy
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