Utjecaj geopolitike na poslovne rezultate naftnih kompanija u Europi

master's thesis

• Title (english): The influence of geopolitics on the business results of oil companies in the Europe
• Author: Luka Slade
• Mentor: Ivana Štulec (mentor)
• Committee member: Tomislav Baković (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; (Department of Entrepreneurship); Zagreb
• Defense date and country: 2023-06-28, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics; Economics of Entrepreneurship

Abstract

Geopolitički rizici u kontekstu utjecaja na poslovne uspjehe naftnih kompanija mogu se opisati kao rizici povezani s nekom krizom, što znatno utječe na miran, pravilan tijek njihovih međunarodnih odnosa, a što se posljedično odražava na destrukciju poslovanja naftnih kompanija u vidu pada tržišne vrijednosti i rasta troškova poslovanja uzrokovanih rastom cijena energenata. Geopolitički utjecaj na njihovo poslovanje time obuhvaća i vjerojatnost da će se ti rizici intenzivirati trenutnim događajima. Takvi bi rizici mogli povećati napetosti na nacionalnoj i međunarodnoj razini pa zabrinutost u vezi s geopolitičkim rizicima posljednjih godina raste, osobito u domeni energetskog međunarodnog tržišta, kao rezultat nedavnih geopolitičkih sukoba i napetosti u svijetu. To odražava činjenicu da stručnjaci i kreatori energetskih politika pozornost posvećuju geopolitičkim zbivanjima na međunarodnoj sceni. Cilj je diplomskog rada determinirati kako geopolitičke aktivnosti u Europi utječu na poslovanje europskih naftnih kompanija – dolazi li do destabilizacije njihova poslovanja i kako geopolitička energetika utječe na njihove poslovne uspjehe. Aktualna varijacija cijena energenata u Europi potaknuta je ratom u Ukrajini, koji je evidentan primjer geopolitičkih utjecaja na europske cijene energenata. Europa se bori kako bi smanjila svoje oslanjanje na ruska fosilna goriva. Energenti, poput nafte i plina, vrlo su važni proizvodi robnih burzi jer o njima ovise brojna svjetska gospodarstva. Geopolitički utjecaji i rizici destabiliziraju poslovanje europskih naftnih kompanija u kontekstu globalnih negativnih konotacija, kao što je zdravstvena korona kriza. Nasuprot tome, regionalne geopolitičke situacije u manjoj mjeri privremeno destabiliziraju njihovo financijsko poslovanje i brzo se reduciraju ti učinci ponovnim povratkom na ranije razine valorizacije financijskog stanja.

Abstract (english)

Geopolitical risks in the context of influencing the business success of oil companies can be described as risks associated with a crisis, which significantly affects the peaceful orderly course of their international relations, which is consequently reflected to the destruction of the operations of oil companies in the form of a drop in their market value and an increase in operating costs caused by the rise in energy prices. The geopolitical influence on their business thus includes the probability that these risks will be potentiated by the intensification of current events. Such risks could increase tensions at the national and international level, so concerns about geopolitical risks have been growing in recent years, especially in the domain of the international energy market, as a result recent geopolitical conflicts and tensions in the world. This reflects the fact that both experts and energy policy makers pay great attention to geopolitical events on the international scene. The aim of the thesis is to determine how geopolitical activities in Europe affect the operations of European oil companies - whether their operations are destabilized and how geopolitical energy affects their business success. The current variation in energy prices in Europe was triggered by the war in Ukraine, which is an obvious example of geopolitical influences on European energy prices. Europe is struggling to reduce its reliance on Russian fossil fuels. Energetics are very important products of commodity exchanges because many world economies depend on them. Geopolitical influences and risks seriously destabilize the operations of European oil companies in the context of global negative connotations, such as the health corona crisis. In contrast, regional geopolitical situations destabilize their financial operations to a lesser extent and these effects are reduced with a return to earlier levels of valorization on the financial situation.

• Keywords: geopolitika; Europa; naftne kompanije; cijena nafte; poslovni rezultati
• Keywords (english): geopolitics; Europe; oil companies; oil price; business results
• Language: croatian
• URN:NBN: urn:nbn:hr:148:290659
• Study programme: Title: Economics of Entrepreneurship; Study programme type: professional; Study level: specialist graduate; Academic / professional title: stručni specijalist/specijalistica poduzetništva (stručni specijalist/specijalistica poduzetništva)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to authenticated users
• Created on: 2023-06-28 16:03:30