The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization

The article considers both the dynamics and the structure of oil and gas production in Ukraine, situation of the oil and gas companies at the current stage of globalization of the world economy have been covered. The main problems impacting the functioning of the domestic industry sector have be...

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Main Authors: Panevnyk Tetiana M., Bolgarova Natalia K.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2016-05-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2016-5_0-pages-20_25.pdf
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author Panevnyk Tetiana M.
Bolgarova Natalia K.
author_facet Panevnyk Tetiana M.
Bolgarova Natalia K.
author_sort Panevnyk Tetiana M.
collection DOAJ
description The article considers both the dynamics and the structure of oil and gas production in Ukraine, situation of the oil and gas companies at the current stage of globalization of the world economy have been covered. The main problems impacting the functioning of the domestic industry sector have been identified, including the lack of effectiveness of the existing integration processes. The world trends and patterns of integration processes have been considered. It has been determined that the oil and gas industry sector leaders are the multinational companies that actively use integration in their practices. The current trends in creating integration linkages in different parts of the process chain in the oil and gas industry have been identified. Influence by large corporations of the innovative type on the creation of a favorable investment climate has been confirmed, as well as conducting their own policies of expansion in the overseas markets. On the basis of studying the foreign experience, expediency of development of the oil and gas sector enterprises by activating integration processes has been substantiated. Priorities and possibilities for further functioning of enterprises in the the oil and gas industry sector have been identified
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spelling doaj.art-b9060f4f957e40cca7398860df645aaf2022-12-22T01:27:35ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2016-05-0152025The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of GlobalizationPanevnyk Tetiana M. 0Bolgarova Natalia K. 1PhD (Economics), Associate Professor, Associate Professor of the Department of Economics Business, Ivano-Frankivsk National Technical University of Oil and GasPhD (Economics), Associate Professor, Associate Professor of the Department of Economic Theory, National University of Life and Environmental Sciences of UkraineThe article considers both the dynamics and the structure of oil and gas production in Ukraine, situation of the oil and gas companies at the current stage of globalization of the world economy have been covered. The main problems impacting the functioning of the domestic industry sector have been identified, including the lack of effectiveness of the existing integration processes. The world trends and patterns of integration processes have been considered. It has been determined that the oil and gas industry sector leaders are the multinational companies that actively use integration in their practices. The current trends in creating integration linkages in different parts of the process chain in the oil and gas industry have been identified. Influence by large corporations of the innovative type on the creation of a favorable investment climate has been confirmed, as well as conducting their own policies of expansion in the overseas markets. On the basis of studying the foreign experience, expediency of development of the oil and gas sector enterprises by activating integration processes has been substantiated. Priorities and possibilities for further functioning of enterprises in the the oil and gas industry sector have been identifiedhttp://www.business-inform.net/export_pdf/business-inform-2016-5_0-pages-20_25.pdfintegrationintegration processesoil and gas industry sectoroil and gas companiesglobalization
spellingShingle Panevnyk Tetiana M.
Bolgarova Natalia K.
The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization
Bìznes Inform
integration
integration processes
oil and gas industry sector
oil and gas companies
globalization
title The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization
title_full The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization
title_fullStr The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization
title_full_unstemmed The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization
title_short The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization
title_sort integration aspects of activities of the companies in the oil and gas industry sector in the context of globalization
topic integration
integration processes
oil and gas industry sector
oil and gas companies
globalization
url http://www.business-inform.net/export_pdf/business-inform-2016-5_0-pages-20_25.pdf
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AT panevnyktetianam integrationaspectsofactivitiesofthecompaniesintheoilandgasindustrysectorinthecontextofglobalization
AT bolgarovanataliak integrationaspectsofactivitiesofthecompaniesintheoilandgasindustrysectorinthecontextofglobalization