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Analyzing the Risk Environment of the Oil and Natural Gas Enterprises
Fadeyeva I. H., Pyrih A. M.

Fadeyeva, Iryna H., and Pyrih, Anastasiia M. (2019) “Analyzing the Risk Environment of the Oil and Natural Gas Enterprises.” Business Inform 7:312–319.
https://doi.org/10.32983/2222-4459-2019-7-312-319

Section: Management and Marketing

UDC 330.33/36

Abstract:
The main tasks of the article are systemization and generalization of the points of view of scholars and specialists, concerning the domestic, foreign and own experience in order to characterize risks for enterprises in the oil and gas complex, their classification by the most significant categories in terms of the risk management objectives, and development of a methodical instrumentarium for possible measures to manage the risks of the oil and gas complex in general form. By analyzing both domestic and foreign experience, the main approaches to the definition of a categorical apparatus have been systematized and defined. The categories of «risk», «indeterminacy» and «uncertainty» are delineated, and the main features of each of them are allocated. The concept of «risks of enterprises in the oil and gas complex» is defined and analyzed. The risks of enterprises in the oil and gas complex are classified and divided into external and internal ones. Possible measures to manage the risks of the oil and gas complex depending on the scope of their occurrence are formed and general recommendations on their prevention and elimination are provided.

Keywords: risk, classification of risks management, risk management, oil and gas complex.

Fig.: 7. Tabl.: 1. Bibl.: 12.

Fadeyeva Iryna H. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Finance, Ivano-Frankivsk National Technical University of Oil and Gas (15 Karpatska Str., Ivano-Frankіvsk, 76019, Ukraine)
Email: [email protected]
Pyrih Anastasiia M. – Postgraduate Student, Ivano-Frankivsk National Technical University of Oil and Gas (15 Karpatska Str., Ivano-Frankіvsk, 76019, Ukraine)
Email: [email protected]

List of references in article

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Nemchenko, M. Yu. “Klassifikatsiya osnovnykh vidov riskov neftegazodobyvayushchikh predpriyatiy, uchityvayemykh v protsesse sovershenstvovaniya metodov otsenki riskov“ [Classification of the main types of risks of oil and gas companies, taken into account in the process of improving risk assessment methods]. Ekonomika i upravleniye, no. 12 (2009): 162-166.
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