The Driver of Development and Transformation of Global Oil and Gas Business in Digital Economy’s Conditions

Abstract

The digitalization of the oil and gas sector is the strong driver for Russian economy increasing efficiency. The main purpose of this study is to find out the main digitalization development trends of the oil and gas sector and the growth barriers and effects in Russian oil and gas industry in modern digital economy conditions. The results of this study show options of digital technology using in oil and gas sector in Russia.

Keywords

• digitalization
• digital transformations economy
• oil and gas business.