Description
Book SynopsisThis book examines Russia's capacity to respond to a changing world through the lens of the country's oil industry. Against a backdrop of social, political and climatic change, Indra Overland and Nina Poussenkova present a systematic analysis of how modern energy developments in the form of shale oil, offshore oil and the global energy transition are handled.
The book profiles Russia's five largest oil companies - Rosneft, LUKOIL, Gazprom Neft, Surgutneftegas and Tatneft - which are vital channels for much of Russia's income and constitute the backbone of the Russian economy. It explores the importance of the petroleum sector to Russian society, the place of Russian oil and gas in the world's energy supply and the rapid pace of change in the global energy industry. In doing so, it offers insights into internationalization, oil price fluctuations, corporate social responsibility and the impact of Western sanctions against Russia.
This is an important read for scholars working on the Russian economy and energy business, particularly corporate social responsibility, organisational change and politics. It will also be a helpful reference tool for anyone working on the global petroleum sector who needs an update on the world's largest energy exporter.
Trade Review‘The book scrutinizes the history of the oil business in post-Soviet Russia in a very thorough way; it encapsulates a breathtaking amount of details on production volumes and ownership changes, as well as networks of power in today's Russia.’ -- Veli-Pekka Tynkkynen, The Russian Review
‘The authors have excelled in explaining, illustrating, and analyzing the evolution and operation of Russian oil companies in the changing and evolving markets in the post-Soviet era. Through clarity, insight, and comprehensive research, the authors have bought together diverse sources to deliver a book that is simple to read, far-reaching in its consideration, and brilliant in its delivery. This is a book for a diverse range of readers, from oil and gas executives, scholars of Russia and its economy, capitalists and socialists, Russophiles, to those interested in change and responses to such changes.’ -- Tina Soliman-Hunter, Eurasian Geography and Economics
'The two authors, who are both experts in this field, have provided a comprehensive analysis of the key players in the Russian oil industry which should be of interest to anyone with an interest in the political economy of this fascinating sector. The book contains an intriguing assessment of each company as well as a useful history of their development, and offers a unique guide to the corporate landscape of the Russian oil sector.' --James Henderson, Director, Natural Gas Programme, Oxford Institute for Energy Studies, UK
Table of ContentsContents: 1.Introduction: Can Russia and its oil companies handle change? 2. Rosneft: Lord of the rigs 3. LUKOIL: Patriotic cosmopolite 4. Gazprom Neft: Reformed rake 5. Surgutneftegas: Quiet conservative 6. Tatneft: Genghis can 7. Conclusion: Champions of change Index
