Oil and gas production remain the core sector of Russia economy, which has a leading role in generating federal budget revenue and this country’s balance of trade. The factors that exerted the most significant influence on the development of the oil and gas sector of the Russian economy in...

The existing mechanism of gaining resource rent from the national resources sale represents a way to cover inefficient mainly one economic sector – oil refining. National oil refining in the world prices has been producing negative value added for over twenty years. Present research provides...

The paper deals with the global experience of taxation of extractive industry, including both the basic principles and practice of taxation identifying the main groups of countries with differing levels of economic development: countries with developed market economies, developing countries and...

Oil and gas comprise the main sector of the Russian economy that continues to play a key role in shaping the state budget revenues and the balance of trade. In 2013, against the background of continuing high global prices for oil and gas, petroleum production in Russia reached its highest level...

The existing mechanism of gaining resource rent from the national resources sale represents a way to cover inefficient mainly one economic sector – oil refining. National oil refining in the world prices has been producing negative value added for over twenty years. Present research provides...

Petroleum complex is Russia’s basic economic sector which is playing a leading role in providing the state budget revenues. This paper is dedicated to the main issues of the government petroleum tax policy in Russia. The author analyses the outcome of the implemented petroleum tax reform and...

This paper deals with the state of Russia's oil-and gas-sector, oil and gas prices, export of oil and gas, and taxation of hydrocarbon market.

Oil and gas sector remains the backbone of the Russian economy and produces the lion’s share of the state budget revenues and of the trade balance. Acute oil price fluctuations which took place on the free market, reduction in demand for gas, as well as objective fall in the oil and gas...

This paper deals with a wide choice of issues related to the Russian GDP, development and structure of production by types of economic activity.

This article deals with a wide choice of issues related to macroeconomic production. Characteristic feature of 2006-2007 was economic growth acceleration rates along with positive effect of foreign economic situation factors and internal economic activity. Increase in business activity was based...