Oil and gas drilling in the Russian Arctic: economic growth, environment and cultural values

In recent years, there has been an increase in global economic and political interest in the Arctic region. The Arctic is a territory where there is a massive drilling of oil and gas wells, but at the same time there is a tendency to protect and protect the region’s ecosystems. The development of oil and gas fields in the Far North of Russia provides indigenous peoples with a financial “airbag” and is an instrument of social transformation. Responsible development and mining of Arctic mineral resources can contribute to the well-being of both the global and regional economies. Given the possible risks, close attention should be paid to protecting the environment of the Arctic, which supports the life of the peoples of the North. The main shelf projects of key oil and gas companies of the Russian Federation are shown, the applied environmental measures are analyzed, the main tools of dialogue with the peoples of the North are studied. The interaction and interdependence of planetary factors such as global climate change, geopolitical development, technological and technological progress, global intercultural development and the socio-economic status of the indigenous peoples of the northern polar region are comprehensively shown.