低油价下石油公司应对策略及其对国内石油公司的启示

摘要

Based on the analysis of oil companies' risk countermeasures under low oil price, the article concludes 6 kinds of risk countermeasures, which are pay cut and layoff, investment control, hedge business, M&A and stripping, technical innovation and enhancing the degree of reliance on downstream respectively. It also analyzes the application results and implementation conditions of various kinds of measures. Then, it forecasts and prejudges the development trends of international oil price, on the basis of synthesizing the predictions from numerous international consulting institutions, comprehensively considering the influence of the removal of sanctions against Iran and other factors, it thinks the possibility of oil price low position running henceforth is relatively high. Based on the above analysis, it puts forward several suggestions being aimed at domestic oil companies' improving operation and management under low oil price.%通过对低油价下石油公司的风险应对策略的分析，归纳出降薪裁员、投资控制、对冲业务、并购剥离、技术创新以及对下游倚重程度提升六类风险应对举措，并分析了各类措施的应用效果和实施条件。之后对国际油价的走势进行展望和预判，认为今后油价低位运行可能性较大。基于以上分析，针对国内石油公司在低油价下改善经营管理提出了若干建议。