loading
Papers Papers/2022 Papers Papers/2022

Research.Publish.Connect.

Paper

Paper Unlock

Author: Yu Zhihong

Affiliation: China Institute of Industrial Relations, China

Keyword(s): Normal Environment of Low Oil Price, Oil Companies of Different Categories, Business Performance, Business Strategy, Optimization.

Abstract: Under the normal environment of low oil price, the financial performance of most oil companies dropped significantly. Based on the analysis of performance gap of all three kinds of oil companies during low oil price period, it has been disclosed why Chinese oil companies went through low oil price with much worse performance compared with multinational oil companies according to further performance analysis by business sections. Based on the different strategies adopted to deal with low oil price by oil companies, it has been proposed for Chinese national oil companies to accelerate marketization, optimize the structure of upstream production, optimize the layout of midstream, downstream and chemical business, strengthen the development of special technology and carry out strategic management of the budget.

CC BY-NC-ND 4.0

Sign In Guest: Register as new SciTePress user now for free.

Sign In SciTePress user: please login.

PDF ImageMy Papers

You are not signed in, therefore limits apply to your IP address 3.233.219.31

In the current month:
Recent papers: 100 available of 100 total
2+ years older papers: 200 available of 200 total

Paper citation in several formats:
Zhihong, Y. (2015). Performance Comparison and Strategy Selection of Oil Companies under the Normal Environment of Low Oil Price. In Proceedings of the Information Science and Management Engineering III - ISME; ISBN 978-989-758-163-2, SciTePress, pages 20-25. DOI: 10.5220/0006018400200025

@conference{isme15,
author={Yu Zhihong.},
title={Performance Comparison and Strategy Selection of Oil Companies under the Normal Environment of Low Oil Price},
booktitle={Proceedings of the Information Science and Management Engineering III - ISME},
year={2015},
pages={20-25},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0006018400200025},
isbn={978-989-758-163-2},
}

TY - CONF

JO - Proceedings of the Information Science and Management Engineering III - ISME
TI - Performance Comparison and Strategy Selection of Oil Companies under the Normal Environment of Low Oil Price
SN - 978-989-758-163-2
AU - Zhihong, Y.
PY - 2015
SP - 20
EP - 25
DO - 10.5220/0006018400200025
PB - SciTePress