MEASURING OIL AND GAS CORPORATIONS’ INVESTMENT AND PATENT ACTIVITIES ACCORDING TO THE ENERGY STRATEGY 2035 OF THE RUSSIAN FEDERATION
The Energy Strategy 2035 of the Russian Federation establishes the goal to reach technological independence and increase competitiveness of the fuel-energy sector and related industries. The author decided to define prospects of the Strategy realization by analyzing investment and patent activities of the leading oil and gas, petrochemical corporations. The research has shown differences in companies’ investment activities according to their industry affiliation. Spearman correlation analysis has proven the positive correlation between patent activity and R&D expenditures. Low investment activity of Russian corporations threatens the achievement of the objectives in the field of innovative development set in the Energy Strategy. It is advised to increase R&D expenditures to 0,4-0,5% in corporate revenues. The State might introduce fixed R&D budget and support programs for Russian oil and gas service companies.