BUSINESS INFORM №5-2016

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Section: Globalization Processes in the Economy
UDC 338.45:622.324.276
Panevnyk T. M., Bolgarova N. K.
The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization (p. 20 - 25)
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.
Keywords: integration, integration processes, oil and gas industry sector, oil and gas companies, globalization, transnational corporations
Fig.: 2. Tabl.: 1. Bibl.: 11.

Panevnyk Tetiana M. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Applied Economics, Ivano-Frankivsk National Technical University of Oil and Gas (15 Karpatska Str., Ivano-Frankіvsk, 76019, Ukraine)
Email: [email protected]
Bolgarova Natalia K. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economic Theory, National University of Life and Environmental Sciences of Ukraine (15 Heroiv Oborony Str., Kyiv, 03041, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Panevnyk, Tetiana M., and Bolgarova, Natalia K. (2016) “The Integration Aspects of Activities of the Companies in the Oil and Gas Industry Sector in the Context of Globalization.” Business Inform 5:20–25.

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