Financial University under the Government of the Russian Federation, Moscow, Russia

Zavalko N. A., Professor of the Department, Doctor of Economic Sciences, nazavalko@fa.ru
Belyaev A. M., Professor of the Department, Doctor of Sociological Sciences
Krasyukova N. L., Doctor of Economics Sciences, Associate Professor
Eremin S. G., Candidate of Juridical Sciences, Associate Professor

The article examines the use of green technologies by Russian oil and gas companies in oil and gas production and their effect on reduction of carbon footprint on our planet. The article is interdisciplinary in nature and is based on the integration of methodologies of production, technical and economic, and statistical analysis. The main research methods used in the study: content analysis, dynamic and structural analysis, statistical mathematical analysis, scientific synthesis. The analytical studies show that the key industry in the Russian fuel and energy sector—oil and gas—demonstrates an extensive trend of using green technologies in oil production and refining, which has a positive effect on reducing the carbon footprint on the Earth. There is progression of the concept of “carbon economy” in virtually all developed countries of the world. The concept is aimed at energy, resource extraction, oil and gas refining and the use of petroleum products in industrial and domestic conditions. In all of these industries, new “green technologies” are being introduced, which are aimed at reducing emissions into the atmosphere, helping to clean the air from harmful substances. In view of the growing environmental problems, oil and gas companies in many countries are striving to switch to a green economy and reduce their carbon footprint. In the coming years, we can expect increased investment in green technologies and the creation of new environmentally friendly products and services in the oil and gas industry.

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