Author page: Khalidov Ibragim A.

The role of ESG during the energy transition

DOI: 10.33917/mic-3.98.2021.45-56

The necessity of a multidimensional approach to the assessment of energy transition is considered. There is a growing trend towards abandoning investment in publicly traded oil and gas companies and the need for environmental and social management measures to introduce the concept of “sustainable” investments. Emphasis is placed on responsible investments in the oil and gas industry, taking into account factors of the environment, social and governance (ESG). The relationship between ESG, finance and economics is discussed. The results of the activities of oil and gas companies in the context of the ESG requirements are presented. Information on the capacities and volumes of renewable energy sources production by the largest companies has been systematized. The conclusion is made about the dominance of the climate change problem in the tasks of financial management.

Features of financial accounting during the decommissioning of oil fields in accordance with IFRS

DOI: 10.33917/mic-6.89.2019.51-57

The article analyzes the Russian system of accounting for the decommissioning of oil fields, its compliance with IFRS standards, defines the features of financial accounting for decommissioning, proposes approaches to measuring the reserves for decommissioning of oil fields and criteria for their evaluation, provides an example of calculating the reserves for decommissioning.

Management of oil field development at a late stage in the context of liquidation tasks and abandonment of deposits

DOI: 10.33917/mic-1.90.2020.65-73

The scientific article offers some solutions for the management of oil and gas fields at a late stage of development and possible extension of the field operation period. The analysis of the practices of elimination of production facilities in the Asia-Pacific region, assessed the possibility of using these practices in Russian companies. We propose a set of measures to extend the period of operation of fields, which can be used if their profitability and safety of operation are maintained, including: cost management; additional drilling or changes in the production profile; improvement of operational indicators; improvement of tax or commercial conditions.