Trends in the development of the global energy sector: digitalization
- Authors: Prussov A.S1
-
Affiliations:
- Moscow State Institute of International Relations (University), Ministry of Foreign Affairs of the Russian Federation
- Issue: Vol 8, No 4 (2025)
- Pages: 293-302
- Section: ARTICLES
- URL: https://journals.rcsi.science/2658-5286/article/view/377943
- ID: 377943
Cite item
Abstract
modern oil and gas companies face an objective need to revise their strategic development priorities due to the unstable global energy market and unpredictable shifts in energy demand dynamics. The accelerating energy transition, tightening climate regulations, and growing price volatility require industry players to enhance flexibility and adaptability. Key priorities include digitalizing operational processes, implementing artificial intelligence technologies, and adopting predictive analytics to optimize production and logistics. Simultaneously, companies are compelled to diversify their portfolios by increasing investments in renewable energy and low-carbon projects. Supply chain resilience has become particularly critical amid geopolitical turbulence. Digital transformation is emerging as a decisive competitive factor, enabling cost reduction, efficiency improvements, and environmental risk mitigation. In the long term, success will depend on the ability to balance current profitability with strategic investments in the energy transition. Results: The key trends in the global energy sector's development were identified, reflecting companies' efforts to enhance operational efficiency amid market uncertainty.
About the authors
A. S Prussov
Moscow State Institute of International Relations (University), Ministry of Foreign Affairs of the Russian Federation
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