A.E. Cherepovitsyn

The relevance of the study lies in the fact that with the depletion of conventional oil and gas reserves and an increase in the global demand for hydrocarbons, the focus of the industrial sector is gradually shifting towards the resources of the Arctic, which have tremendous potential for development. However, the current industrial policy has to t...

Rare-earth metals (REMs) have become an integral part of modern economics and technological advances. The current climate agenda and sustainable development trends have made the global community focus on these valuable and critical materials. Today, they are strategically important for green technologies, modern electronics, the aerospace industry,...

In the face of increasing climate concerns and the intensive development of the renewable energy sector, oil and gas companies need to develop strategies to not only comply with the new rules of the game, but to also benefit from them. This study includes prospects for development of the global energy system along with analysis of decarbonization s...

Global energy transition trends are reflected not only in oil and gas market dynamics, but also in the development of related sectors. They influence the demand for various types of metals and minerals. It is well-known that clean technologies require far more metals than their counterparts relying on fossil fuels. Nowadays, rare-earth metals (REMs...

Following the principles of sustainable development in the development of oil and gas fields in the Arctic will ensure that hydrocarbon production and transportation operations comply with stringent environmental regulations, the economies of the northern regions become integrated into the national economy of Russia, production systems in the oil a...

The Organization of the Petroleum Exporting Countries and the Russian Federation are the key players in the global hydrocarbon market today. The successful hydrocarbon development is inextricably linked to the provision of highly qualified personnel for projects being implemented. To develop a universal methodology for planning the number of person...

The article discusses the issue of developing an optimal investment plan aimed at implementing large-scale projects for the production of natural gas in Western Arctic shelf areas. It presents the results of evaluating the economic efficiency of project implementation for two possible taxation scenarios: the one based on the current tax system and...

The changes in climate, which are associated with the emission of anthropogenic greenhouse gases, have been widely discussed by scientists and specialists during the last few decades. The promising way to reduce CO2 emission is to implement CC(U)S technologies (carbon capture, (utilization) and storage). However, CC(U)S initiatives are challenging...

The latest technologies for climate change mitigation are carbon capture and storage (CCS). Some countries are developing CCS projects, and they are currently at different stages of deployment. Despite the signing of international agreements on climate change mitigation, Russia’s efforts to develop and implement CCS technologies are quite limited....

As risk and uncertainty factors have become more prominent in the already volatile energy market because of the COVID-19 pandemic, the development of Arctic hydrocarbon resources has become a debatable issue. At any rate, oil and gas companies need to improve their strategic management systems (along with the development of technologies) for the su...

A key factor in the development of the Arctic is the projects aimed at the development of oil and gas-bearing offshore and onshore fields, whose reserves are estimated at 13% of the world’s proven reserves and 43% of the undiscovered reserves. Arctic oil production and oil and gas engineering projects in the coming years will become drivers of oil...

The Arctic zone of the Russian Federation (AZRF) is characterized by the fragility of the ecosystem, the slightest violation of which can lead to catastrophic negative consequences on a global scale. Due to the availability of production facilities of various scales and environmental safety classes within the territorial and aquatic Arctic, the ris...

Effective management of the social and economic development of the Arctic zone of the Russian Federation is today a significant scientific and practical task. It requires an integrated approach to meet the expectations of the state, business and society. The main drivers of growth for remote Arctic territories are large investment projects, which n...

To date, issues related to the effective development of mineral and raw material base are becoming increasingly important especially for Arctic zone. Particular attention is paid to expanding the possibility of the integrated use of mineral deposits in order to extract rare-earth components. Currently, a significant deficit has formed in these elem...

In the face of today’s global challenges, oil and gas companies must define long-term priorities and opportunities in implementing complex Arctic offshore projects, taking into account environmental, economic, technological and social aspects. In this regard, ensuring strategic sustainability is the basis for long-term development. The aim of the s...

Using renewable energy off-grid power supply and choosing the right equipment that meets the operating conditions in the Arctic can provide companies with reliable power sources for producing gas at facilities located in remote areas and will reduce capital and operating costs associated with the construction of power transmission lines. For more t...

The problem of global warming is a key challenge. One means to prevent climate change is to reduce the concentration of carbon dioxide in the atmosphere. This can be achieved using CO2 capture and storage (CCS) technology. Due to the relative novelty of the technology, low level of experience, and high risk of implementation, in practice society of...

Small-scale production of liquefied natural gas (SS LNG) is a promising, but little-known direction of the gas industry development, which is aimed at meeting the needs for environmentally friendly decentralized energy supply of nearby regions. In this study, an economic efficiency of four energy generation options, based on SS LNG, with nominal ca...

Prevention of catastrophic effects of climate change is one of the most pressing challenges of this century. A prominent place in the low-carbon development system today is carbon capture and storage technology (CCS). This technology can significantly reduce greenhouse gas emissions, leading to global warming. Effectiveness of technology has been...

Carbon capture and storage (CCS) is a technology enabling to use fossil fuels in a sustainable way. Therefore, it attracts much attention from the industrial sector, government authorities and scientific community. However, public awareness of the technology is extremely low, and the studies of the lay people's opinion have been launched only durin...

To date, issues related to the complex use of mineral raw materials (CUMR) are becoming increasingly important especially for Arctic zone. This article deals with economic evaluation of the possibility for implementation of CUMR projects on Arctic territories. The study presents features of projects of complex use of mineral raw materials and effec...

Despite the diversity of studies on global warming and climate change mitigation technologies, research on the changing role of CO2 in the industrial processes, which is connected with the introduction of circular economy principles, is still out of scope. The purpose of this review is to answer the following question: Is technogenic CO2 still an i...

The problem of the development of offshore oil and gas Arctic projects has risen recently due to the depletion of traditional overland oil and gas fields, as well as the discovery of significant hydrocarbon reserves in the Arctic seas and the strategic importance of the development of that zone for the Russian Federation. The decision-making proces...

With the gradual reduction of the quality of mineral resources and the deterioration of mining and geological conditions of mining operations there is a need to revitalize the mining companies withing the Russian Federation to engage in the processing of the existing technogenic resources. This problem is particularly relevant for the Northern regi...

Currently, a prime position in the global emission mitigation and power transformation system is taken up by CCS technology (carbon capture and storage), proven by the successful realization of a number of CCS projects around the world, not only for CO2 storage, but also for its deployment in industry. CO2-utilizing technologies are circular busine...

Global warming and climate change problems have led to the consolidation of international efforts to reduce atmospheric carbon dioxide. The technology of carbon capture and storage is the key link in the strategy aimed at cutting carbon dioxide emissions. The article gives a view of positive and negative aspects of the introduction of the carbon di...

The article is devoted to analyzing, generalizing and systematizing the information on the current state and problems related to the exploration of the Arctic in Russia. Special attention is paid to identifying the factors that restrain the development of the Arctic territories. The main of them are technological, economic, natural, social and envi...

The new version of the state program “Social and economic development of the Arctic zone” and the draft law “On the Development of the Arctic Zone of the Russian Federation” have designated support zones as the main instrument for the development of the Arctic. Their main task, according to the specified documents, is the development of mineral and...

The article is dedicated to the analysis, summarization and systematization of information on implemented and planned projects of CO2 sequestration differing in the scale, field, used technologies and geological conditions of storage. Information is given for the distribution of active, completed, suspended, stopped (upon management decision) CO2 c...

Currently, under the conditions of increasing depletion of hydrocarbon reserves in Russia, it is necessary to consider the resource potential of poorly-researched oil and gas objects as a factor for ensuring the sustainable development of the oil and gas complex, in the context of the concept formation of rational subsoil utilization and a circular...

A comparative analysis is carried out on the programs of corporate social responsibility (CSR) of the largest mineral- and raw-materials-processing metallurgical companies operating in the Arctic region, such as PJSC "Norilsk Nickel MMC" and PJSC "Severstal". The diagnosing methodology of the internal and external trends in the development of CSR,...

Abstract: The paper assesses the techno-economic potential of Russia to implement carbon capture and storage technologies that imply the capture of anthropogenic CO2 and its injection into geologic reservoirs for long-term storage. The focus is on CO2 enhanced oil recovery projects that seem to be the most economically promising option of carbon ca...

The expected discovery of petroleum fields that cross the new boundary between Russia and Norway in the Barents Sea could mean that both parties will lay claim to the same subsoil resources. The Treaty on Maritime Delimitation in the Barents Sea and the Arctic Ocean (Barents Treaty) prescribes that such fields should be developed as one unit, gover...

Russia is one of the world's top holders and producers of natural gas. The feature of the gas industry in the country is the long distance between the gas fields, either in operation or planned for the development, and the gas product markets. The traditional pipeline supply of gas to consumers (mostly in Europe) greatly limits diversification of t...

The article considers basic theoretical and methodological approaches to scenario planning. The comparative analysis is made in relation to the traditional and scenario approaches to strategic planning. The urgency of applying methods and tools of strategic planning in the mineral resources sector is stipulated. Peculiarities of applying the scenar...

The authors consider the state of Russian and world mineral and raw materials base of gallium, the main spheres of application in various branches and industries of the national economy. The article presents the generalization and analysis of trends in world and Russian production, consumption of rare metal and its compounds, the world trade and gl...

The article reviews the technologies of sequestration as an efficient mechanism of the future reduction in carbon dioxide emission from industrial sources and the potential contribution to combating global warming problem. In terms of an actual coal-based power plant and a producing oil field spaced at a relevantly short distance from each other, t...

Russia is one of the most important players in the Arctic zone energy shelf with significant economic, security, and political interests in the region. This is primarily because of significant natural resources, in particular oil and gas, on the Russian Arctic territories. Arctic has considerable strategic importance to the national economy. The ob...

The purpose of this research is to identify the basic objectives of the investment policy in the Eurasian countries and to determine the advantages and blind sides of the governmental regulation of the investment policy. The authors discuss major aspects of the investment policy in the Eurasian countries in terms of Russia, Belorussia, Kyrgyzstan,...

Russian Federation is one of the world's largest importers of energy raw materials. However, within the country, there are many problems associated with the efficiency of power plants and power supply in remote regions, particularly in the Arctic zone. Solving these problems is possible through the development of renewable energy. This paper repres...

At the moment it is known that the continental shelf has significant reserves of oil and gas resources. Many of them are trans-boundary, which requires the use of special mechanisms for interaction between oil and gas companies and countries that own mineral resources. World experience shows that the degree of elaboration of legal issues on the dev...

The article considers unitization agreements used in the world practice in the development of trans-boundary hydrocarbon resources and analyzes the main stakeholders in the development of such deposits. The relevance of the issue under study is determined and the main organizational and managerial positions in the development of trans-boundary depo...

Russian cement industry is in decline. Enterprises operate on the basis of technologies developed in USSR. In this connection such fundamental issues of the enterprises functioning, as energy efficiency, environmental safety, resource-saving, resources provision and others, are overlooked. The paper attempts to define the priorities of the Russian...

Despite the demonstrated commercial efficiency of peat extraction and processing, the implementation of such projects is constrained by the need to taking into consideration a number of geological and technological factors, which are unique for each field. According to the results of expert survey the key geology-technological factors, which determ...

The urgency of environmental protection is determined by its intensive change because of human impact, which, among other things, accompanied by an increasing of carbon dioxide (CO2) emissions. One of the ways to reduce the emission is Carbon Capture and Storage (CCS) technologies. To date, developed countries have successfully implemented a number...

The objective of this paper is to define the main approaches to the implementation of carbon dioxide sequestration technologies in the oil and gas industry in Russia, and also to identify ecological, economic and social issues of their usage. Promotion of the technology of carbon dioxide (CO2) sequestration by means of capturing and injecting it in...

Background/Objectives: This article is devoted to the analysis of the World Trade Organization export restriction rules in the field on Metals World Markets. Methods/Statistical Analysis: The study is based on the results of the legal analysis of the World Trade Organization rules in the field of export restrictions the change of which is complicat...

This article defines the concept of economic growth focusing on construction industry’s needs in St. Petersburg. Authors analyse a broad range of conditions that impact competitiveness of this industrial sector. In addition to that, the article defines criteria for economic growth and sustainable development in relation to construction sector of St...

The implementation of strategic investment projects in the mineral resources and raw materials industries in regions with insufficient infrastructure requires a special organizational and economic improvement and financial mechanism. Large-scale strategic projects are characterized by significant investments, long payback periods, considerable debt...

Fuel and energy industries is the base of the Russian national economy structure, due to the dependence of all levels budgets on the effectiveness and stability of the oil and gas industries development. The development of the Russian fuel and energy industries is focused on the implementation of short-term projects and the maximization of current...

This article shows the analysis of current production and consumption trends of raw materials in the EU and BRICS with a focus on rare-earth elements. Analysis of amount and structure of the global reserves of rare-earth elements shows that BRICS countries together have a majority of the global reserves and resources of rare-earths. Nowadays, BRICS...

US universities are leading the way in technology commercialization, while universities in Russia lag far behind. This paper discusses the best American practices, as well as the main issues of technology commercialization at the US universities. As an example, we consider the experience of the University of Maryland, College Park. In the next sect...

In the article results of smart fields' projects, prospective ways of their use in the future in Russian oil and gas industry and forecasts of return on investment of smart fields' projects are presented. Comparison of the modern situation in oil&gas recovery and management system "smart field" is made in the article. The definition of smart fields...

Improvement of sustainability of mining and metallurgical holdings is one of the most important problems of national economy. Working out of the strategic development lines on the basis of introduction of technological and managerial innovations is the main activity in mining and metallurgical holdings. This operation requires the justification of...

The factors of assessment of sustainable development were chosen and analyzed. Innovation potential in production, management and financing spheres was substantiated together with necessity and significance of clear definition of development purposes of holding, made by majority shareholders, and will of these shareholders for realization of strate...

In this study a review is conducted of natural geological formations in European Russia in terms of their suitability for storage of carbon dioxide (CO2) and radioactive waste. The geological conditions of European Russia are described, and the regional features and locations suitable for nuclear waste disposal are identified. A scheme is presented...