Abstract:
The article is devoted to the study of the peculiarities of modern transnationalization processes in
the world economy, the establishment of certain peculiarities of the development and the level of transnationalization
of European oil and gas TNCs as one of the largest multinational corporations in the world.
The essence and main features of transnational corporations are determined, the role of TNCs in
strengthening of economic globalization, promotion of further interdependence of national economies
and increasing opportunities for the international movement of factors of production are established. The
impact of TNCs on the economies of the countries is identified. The main indicators of direct foreign
investment and expansion of the activities of TNCs in the world for 2015-2017 are defined. It was determined
that the average level of transnationalization of the activities of the largest hundred corporations
of the world is gradually increasing in terms of the size of foreign assets, which was 66,08% in 2017. It
was found that the European multinational corporations occupy the largest number among the 100 leading
corporations of the world in the size of foreign assets in 2017. The analysis of European oil and gas
TNCs as leading corporations according to the level of concentration of capital has been carried out. The
levels of transnationalization of the largest oil and gas corporations in Europe are investigated.
