Assessment of the Economic Security of Carbon-Intensive Industries in the Oil and Gas Sector of the Economy

The relevance of the article is related to the analysis of the business model of the leading carbon-intensive industries included in the holding of the petrochemical market. The objective of the study to improve the value formation model for petrochemical production . The results of evaluation demonstrate the obsolescence of the profit generation model, which confirms the statement that it is necessary to improve value creation models during the transition to a new level of technological development and a change in the economic development model. In addition, shifting consumer interests dictate the need to transform familiar business processes in order to create value for consumers and suppliers. Research results . According to the authors, in the context of the transition to carbon neutrality, the relevant models that form value are models of responsible consumption and transfer of responsibility based on the principles of K. Christensen. The uniqueness of both models lies in the formation of profits due to reproducible raw materials (in fact, recyclable production waste) and the sale of spent or released carbon units, as well as in a new way of interaction between production participants by registering on a technological platform (ESG platform). The authors also note that the area of value creation is changing (decreasing), that is, the area of business competence will be determined by the principles of sustainable development. It should be noted that the level of economic security of petrochemical industries in the new conditions of transition to carbon neutrality directly depends on the value creation model.