Abstract
The paper presents the methods for the estimation of competition in intra-branch enterprises during the study of risks in oil-gas companies in modern economic conditions. The methods for data collection for revealing the significant aspects and risks in the enterprises of the oil sphere have been specified. The directions included in the process of risk management in the oil and gas branch are presented as well. The mechanism of management for insurance risks, which is an essential and widespread method for risk reduction, has been investigated. The paper shows the necessity of economic insurance, the commercial advantage of it in the oil and gas sphere, as well as reviews the Houston method used in the western references for the comparative evaluation of economic efficiency in self-insurance selection.
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