成人小说亚洲一区二区三区,亚洲国产精品一区二区三区,国产精品成人精品久久久,久久综合一区二区三区,精品无码av一区二区,国产一级a毛一级a看免费视频,欧洲uv免费在线区一二区,亚洲国产欧美中日韩成人综合视频,国产熟女一区二区三区五月婷小说,亚洲一区波多野结衣在线

立即打開
Russia's king of crude

Russia's king of crude

2009年03月17日

????來源:2009年2月號(hào)《財(cái)富》雜志

????Lukoil, the country's largest independent company, has become the face of Russian business abroad. But can it be the next Exxon?

????作者:Barney Gimbel

????There are many things that simply can't be known about Russia's largest independent company, Lukoil. How did its president come to control the oil and gas giant in the first place? How do the founders get away with buying company assets through a bank they own? And, perhaps most important, can it survive if oil prices stay as low as they are?

????AN APOLOGY: Since this story was published in Fortune's Feb. 2, 2009, issue, we have discovered that several passages were lifted from "The Triumph of the Quiet Tycoon," written by Peter Maass and published in the New York Times Sunday Magazine on Aug. 1, 2004. Fortune apologizes to Mr. Maass and the New York Times Sunday Magazine.

????But one thing is clear about Lukoil: It's a company that mirrors Russia right now. Back in the summer it looked as though it was on top of the world. In less than 20 years after a clever young bureaucrat put it together from the remnants of the Soviet oil industry, the company had managed to become not just a global player in petroleum but also the face of Russian business abroad. Among the world's independent oil companies it controlled the second-largest reserves, behind Exxon Mobil (XOM, Fortune 500). It had operations in more than 40 countries. Its president was the first Russian citizen to win the prestigious Woodrow Wilson Award for Corporate Citizenship. Americans did a double take when Lukoil's red and white gas stations started popping up on the East Coast a few years ago. The sight was perhaps not as jolting as a Chinese car on the New Jersey Turnpike would be, but it signaled to many - especially to the Russians themselves - the beginning of a new world order.

????When the credit crisis took hold in the fall, Russians - and even some Western economists - thought it was mostly a U.S. problem. They thought the new Russia, an energy powerhouse that produces more oil than Saudi Arabia, would be spared. But when the prices of commodities, including oil, collapsed, so did Russia's economy. Economic growth, which averaged about 7% the past five years, may drop below 2% this year. Foreign capital continues to flee. The ruble is under pressure. And for the first time since the collapse of the Soviet Union in 1991, the threat of large-scale unemployment looms.

????Lukoil finds itself short of cash and, some analysts fear, at risk of needing a government bailout. Its stock is down 68% since its peak last May - underperforming most of its international peers - and rumors of involuntary vacations have rippled through the company. The situation has gotten so bad that Lukoil's partner, ConocoPhillips, is expected to take a write-down as large as $10 billion on its investment in the company, analysts say.

????No one doubts that oil prices will rise again - and that the spike this summer was only a foretaste of what will occur when the economy rebounds. When that happens, Lukoil may be the oil company best suited to take advantage. The reason is simple: Much of the world's remaining energy resources are located in countries off-limits to most Western oil companies.

????"It's very difficult to see where Exxon or Shell or BP finds new oil in the next few years," says Mattias Westman, the founding partner of Prosperity Capital Management, a London-based hedge fund that owns $100 million of Lukoil stock. "The same cannot be said about Lukoil. They have the best chance of acquiring and developing more reserves and growing more than any other oil company on earth."

????That's why Lukoil president Vagit Alekperov, a tough-minded former bureaucrat with a permanent scowl, still plans an ambitious expansion - albeit slightly toned down since the summer - and insists his company will soon be mentioned in the same breath as Exxon Mobil, Shell (RDSA), and BP (BP). The challenge, he says, will be surviving until then.

掃碼打開財(cái)富Plus App
国产成人精品一区二区秒拍| 亚洲女人被黑人巨大进入| 91久久婷婷国产综合精品青草| 亚洲AV综合伊人AV一区加勒比| 无遮无挡爽爽免费毛片| 国产高清美女一级毛片久久| 国产SUV精品一区二区88L| 精品少妇人妻av一区二区三区| 亚洲蜜芽在线精品一区| 亚洲国产午夜中文字幕精品黄网| 老板办公室乳摸gif动态图| 欧美爆乳乱妇高清免费| 国产精品永久免费,亚洲国产精品尤物YW在线观看| 国产A∨国片精品青草视频| 国产午夜免费视频| 国产免费人成视频在线观看| 九九精品亚洲一区二区三| (愛妃精選)午夜福利理论片高清在线观看| 欧美裸体XXXX极品少妇| 色欲精品国产一区二区三区AV| 亚洲熟妇另类久久久久久| 一本色道久久综合狠狠躁| 欧美极品欧美精品欧美视频| 中文字幕一区二区三区久久| 99麻豆久久久国产精品免费| 一边摸一边做爽的视频17国产| 熟妇高潮精品一区二区三区| 亚洲熟妇αv午夜无码不卡| 精品国产亚洲综合色婷婷91久久久99| 精品久久久无码人妻字幂不卡| 无码一级毛片一区二区视频孕妇| 国内揄拍国内精品少妇国语| 免费 无码 国产在线观看p午夜亚洲av中文字字幕| 99久久精品国产波多野| 精品人妻一区二区三区| 亚洲一级黄色中文字幕在线观看| 亚洲无人区午夜福利码高清完整版 | 无码人妻精品一区二| 麻豆映画传媒新剧免费观看| 吉泽明歩一区二区三区中文字幕| 中文字幕乱码人妻无码久久免费|