Economic Aspects of the Sustainable Technological Development of the Oil and Gas Industry in the Context of Low Oil Prices and the Current Situation in the Energy Markets

Результат исследования: Публикации в книгах, отчётах, сборниках, трудах конференцийстатья в сборнике материалов конференциинаучнаярецензирование

Аннотация

This article examines the dynamics of oil and gas companies' operating expenses as a factor of technological development. Based on the econometric model built on the basis of panel data, it was shown that with the oil prices plunging, oil and gas companies almost halved operating expenses primarily due to technological development in the field of hydrocarbons' exploration and production. It throws down a significant challenge to the Russian oil and gas industry in efficiency gains of the hard-to-recover oil and gas reserves' development and import phase-out.

Язык оригиналаанглийский
Название основной публикации2018 14th International Scientific-Technical Conference on Actual Problems of Electronic Instrument Engineering, APEIE 2018 - Proceedings
ИздательInstitute of Electrical and Electronics Engineers Inc.
Страницы368-373
Число страниц6
ISBN (электронное издание)9781538670545
DOI
СостояниеОпубликовано - 26 ноя 2018
Событие14th International Scientific-Technical Conference on Actual Problems of Electronic Instrument Engineering, APEIE 2018 - Novosibirsk, Российская Федерация
Продолжительность: 2 окт 20186 окт 2018

Конференция

Конференция14th International Scientific-Technical Conference on Actual Problems of Electronic Instrument Engineering, APEIE 2018
СтранаРоссийская Федерация
ГородNovosibirsk
Период02.10.201806.10.2018

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  • Цитировать

    Eder, L. V., Provornava, I. V., Kulik, A. A., & Ncmov, V. Y. (2018). Economic Aspects of the Sustainable Technological Development of the Oil and Gas Industry in the Context of Low Oil Prices and the Current Situation in the Energy Markets. В 2018 14th International Scientific-Technical Conference on Actual Problems of Electronic Instrument Engineering, APEIE 2018 - Proceedings (стр. 368-373). [8546167] Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/APEIE.2018.8546167