Research On Management Of Energy And Finanical Risk In Petrochemical Enterprises

With the financial globalization and the development of political and economic, integration of energy and financial has become a common phenomenon in the global economy. Now, energy and finance are the two key issues of the economic development, energy is the basic driving force for the operation of modern economic, while the financial has Penetrated into all areas of economic life, therefore, discess the integration of the Energy and Finance has an important significance in practice.At present, the domestic and foreign academic and research in the understanding of Energy Finance is still at the initial stage and lack of systematic research. Most studies Concentrate in the risks that the whole energy industry and country faced, and how to manage the energy finance rike from the point of the national strategic. But there is less mentioned that how the energy companies to manage the energy and finance rike,and lack of the systematical financial risk management measures for energy companies. In recent years, the financial risks of energy have showed some mew characteristics.Therefore, this article by retrieving and investigating a large number of new domestic and foreign literature, use the theory and methods of domestic and foreign research to analyze the connotation and unique characteristics of energy and finance and it's risk and the unique energy and financal risk types that the petrochemical enterprises have. This study aslo discuss the status of energy and financial risk management of China's energy market and petrochemical business from both the macro and micro point in deep research.Through the introduction of comparative research of international experience and the status of management of energy and financial risk in the China National Petroleum Corporation. Intended to make the rationalization proposals to control and reduce the energy and financial risks.Finally, discuss how to optimize the framework of energy and financial risk management in China's petrochemical enterprises and the measures that fit for the future development of energy and financial risk management of petrochemical energy. Purpose of this paper are:(1) Analyze the cause and harm of energy and financial risk deeply, enhance enterprise awareness of energy financial risk;(2) from the resources to control and management the energy and financial risk; (3) make energy and finance management recommendations for petrochemical enterprise.