Environmental management in small and medium-sized enterprises of oil and gas industry

Abstract The correct organization of environmental management is essential for oil and gas enterprises provide improving the efficiency of their activity. This is vital for small and medium-sized enterprises (SMEs), which are the driving force behind the economies of highly developed countries. There was a passive form of environmental policy in many developing countries, the influence to environment was not been taken into account, the existing methods in the field of environmental safety management were not been effective enough. The investigation toward the environmental management in oil and gas industry enterprises of Azerbaijan was provided and comparing the results with Ukraine. The article also includes the institutional barriers in SMEs development, which negatively affect for environmental management. The results define the main areas for improving environmental management in oil and gas industry, in particular taxation mechanism.