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Russian Oil Companies in an Evolving World: The Challenge of Change
Abstract and Figures
This book examines Russia’s capacity to respond to a changing world, and it does so through the lens of the country’s oil industry. The reasons for this choice of topic are the place of the petroleum sector in 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. Against a backdrop of dramatic social and political change, this book presents a systematic analysis of how modern energy developments in the form of shale oil and renewable energy, for example, are being handled by Russia’s five largest oil companies: Rosneft, LUKOIL, Gazprom Neft, Surgutneftegas and Tatneft. With a combined value of over USD 180 billion and wide-ranging political connections, not only are these companies vital channels for much of Russia’s income, but they also constitute the backbone of the Russian economy.
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