ASSESSMENT OF THE ACTIVITIES OF THE OIL INDUSTRY OF THE RUSSIAN FEDERATION

The article analyzes the main financial and economic indicators of activity of the enterprises of an oil complex. Given the fact that the oil and gas sector are the main suppliers of tax revenues to the Russian budget, the topic is very relevant. The system of taxation of oil production has been a major change in the transition from a flat, uniform tax rate on mining to a complex formula that takes into account the specific conditions of production of hydrocarbons (tax reform 2014). In addition, for the oil has increased base rate of mineral extraction tax and reduced the export duty on oil. Most of the existing taxation has become burdensome especially for the oil companies, contrary to the task of stimulating the production and entails risks of production decline and develop new fields. In addition to the changes at the legislative level, addresses the issue of a tax on financial result or the tax on additional income, which will be aimed at the withdrawal of the windfall profits of these companies. Examines indicators of production and refining of oil, the problems and prospects of oil companies. Parsed as it is not reflected in simple market situation (growth of the dollar, the increase in tax rates, reduction of prices on oil) for their financial condition