Authors: P.P. Lukyanenok, O.V. Zhironkina

Title of the article: Factors of innovative development of oil and gas industry in transition to Industry 4.0

Year: 2023, Issue: 4, Pages: 77-85

Branch of knowledge: 5.2.3 Regional and sectoral economics

Index UDK: 338.012

DOI: 10.26730/2587-5574-2023-4-77-85

Abstract: The article presents an analysis of the factors of innovative development of oil and gas industry in conditions of the fourth energy transition and the expansion of digital technologies of the Fourth Industrial Revolution (Industry 4.0). The purpose of the study is to identify factors of innovative development of oil and gas industry related, on the one hand, to oil and gas production in the context of the transition to new energy sources, and on the other hand, to the mass introduction of digital technologies of Industry 4.0. A number of technological, economic, and political factors have been identified, the action of which is dual in nature - both enhancing and inhibiting the process of deep diffusion of end-to-end digital technologies in oil and gas industry. The national specifics of these factors are determined, including those associated with the impact of external sanctions and restrictions on the technological and resource sectors of the Russian economy.

Key words: oil and gas industry digital technol-ogies Industry 40 energy transition innovative economy

Receiving date: 21.11.2023

Approval date: 01.12.2023

Publication date: 13.12.2023

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