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Copyright of Bylye Gody is the property of Cherkas Global University Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The paper reviews pressing issues related to corporate taxation in the oil industry amid the financial crisis, sanctions imposed against Russia, and low oil prices. It pays special attention to the analysis of the first results of the tax reform and to the introduction of a profit-based tax. The main goal of the research is to develop and implement a modern and efficient tax regime that would ensure a continuous and stable flow of tax revenues to the national budget and contribute to the long-term development of the national oil industry. The subject of the study is the current issues of oil taxation, in particular, the application of the taxation mechanism of the financial results of oil companies and the reform of the taxation system of export duties to the oil refining industry. The article presents the ways of effective tax policy for the qualitative development of oil sector enterprises. [ABSTRACT FROM AUTHOR]

Verkhnemarkovo, a small Siberian town located on an oil field in Russia's Irkutsk region, is plagued by bad roads and limited mobility. This article explores the relationship between corporate social responsibility and the wellbeing of individuals and communities, with a focus on transport and mobility infrastructure. Some oil companies, such as Irkutsk Oil Company, are tied to the sustain- ability standards of international financial institutions. The article addresses the question of why people are in limbo between the state and local operating oil companies. Contemporary life in Verkhnemarkovo is characterized by so-called infrastructural violence, which results from the lack of state support--or false promises made by the state-- and relates to good transport infrastructure. In their com-plaints, local people recall the Soviet past and expect support from the state or industry. [ABSTRACT FROM AUTHOR]

The article analyzes the risks and benefits of international outsourcing for the Russian oil and gas industry. It is shown that the dependence on non-Russia oil field servicers may lead to the technological obsolescence of the Russian oil and oil service industries and enable foreign operators to implicitly influence the efficiency of the Russian economy. It is shown that the dependence of Russian oil companies on foreign oil field service providers in 2014 affected not only individual companies, but the entire oil and gas industry. Given the importance of the oil and gas industry for Russia's economy, this poses a high risk to Russia's economy as a whole. Finally, the article offers several prescriptions concerning Russian oil field servicing as it operates under sectoral sanctions. [ABSTRACT FROM AUTHOR]

This article examines enterprise performance in Russian oil companies between 1992 and 2012. The analysis is based upon longitudinal trend output data, and distinguishes between four different types of owners – outsider private, insider private, federal state and regional state. In comparison with previous studies which considered just 1999–2004, and identified outsider private companies as the best performers, this article finds that over the longer period 1992–2012 federal state and insider private-owned companies actually performed best. The explanation for this relates to institutions and the business environment. [ABSTRACT FROM PUBLISHER]

The article presents a study which examines the status and key related political issues regarding oil exploration in Russia. It analyzes the trends and financing for oil prospecting and explores the major issues concerning the activity such as the government policies implemented to address perceived oil exploration crisis and the process of licensing system. Moreover, it discusses the difficulty in implementing effective policies to address the negative trends in exploration in Russia.

High population mobility, mainly in the form of out-migration, is a characteristic feature of the post-Soviet Russian North. As subsidies from the centre were significantly cut, living standards and the number of inhabitants in many Russian peripheries declined considerably. Nevertheless, there are also prospering regions and industry sectors in these parts of Russia, which are often related to and dependent on the exploitation of natural resources. After introducing general Soviet and post-Soviet mobility and migration patterns in the north of Russia, this article examines the mobility behaviour of oil workers. The analyses are based on a case study of an oil company (SeverTEK) from the Komi Republic and incorporate different statistical approaches. The purpose of the study is to assess past, present and future mobility behaviour of those in northern regions who are benefitting from post-Soviet transition and will most likely contribute most to a positive development of the Russian North. The results show that the surveyed employees of SeverTEK have migrated in the past mainly from Siberia, the Far East, and the now independent countries of the former Soviet Union to northern and central parts of European Russia. The present mobility behaviour is strongly characteristic of shift work employment with long-distance commuting. An analysis of intended migration indentifies strong potentials for future migrations among the oil workers of the case study. It appears that many employees are ready to leave northern regions as soon as their job situation allows it. Therefore, unlike in other resource peripheries such as Western Australia, long-distance commuting is in Russia not used as a decentralization measure; instead it offers opportunities for reducing the problematically high population density of the post-Soviet North. [ABSTRACT FROM AUTHOR]

The article presents a study on the risk prevention in a risk-prone environment of the oil industry in Russia. The researchers focused on the relationship between the reserves and strategies of the oil industry. They analyzed the trends in reserve exploration and development and compared them with oil industry investment patterns. Furthermore, they also examined the factors inhibiting private investment in the oil industry as well as the relevant policies of the government.

Copyright of Journal for East European Management Studies is the property of Nomos Verlagsgesellschaft mbH & Co. KG and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The decrease in the economic activity level around the world due to the COVID-19 pandemic spread has led to a sharp decrease in the crude oil price and provoked an oil war outbreak in the global energy market. The current situation has provoked the need for a total decrease in the crude oil production in the world. Considering that Russia is one of the main oil exporters on the world market, the need to determine the supply and demand levels for Russian oil is becoming relevant. The aim of the paper is to model predictive scenarios of Russian oil industry development, considering the specifics of the current economic environment given the COVID-19 pandemic. The multifactor correlation modeling method was used to form the system of indicators determining the level of demand and supply for Russian oil used and the total level of their influence. The functions determine the probability of implementing various scenarios of oil industry development depending on the predicted values of demand and supply. The three-sigma rule and the fuzzy sets method were used to estimate three scenarios of oil industry development for 2020–2021. Changes in revenues of the industry under the influence of forecast indicators of supply and demand for oil have been assessed and the probability of implementation of each of the scenarios has been reasoned. The results obtained are of a practical nature and can be used by government agencies, financial intermediaries, and scientists to diagnose Russian oil industry development. The results will be useful for oil companies to develop a strategy of open innovations for further design of the scientific information field for the effective functioning of the industry in complete uncertainty conditions. [ABSTRACT FROM AUTHOR]