Implementation of an Energy Management System as a Tool for Enhancing Efficiency of Oil and Gas Enterprises (A Case Study of PJSC RussNeft Oil and Gas Company)

This study examines the economic feasibility of implementing a standardized energy management system at oil and gas companies. Emphasis is placed on the current ESG agenda, which is shaping the transformation of the industry. Stringent environmental regulations, rising fuel and energy prices, and the objective need of mid-sized oil companies to improve operational performance underpin the theoretical and practical significance of this research. This article traces the evolution of international and domestic energy management standards. Based on an analysis of the financial and economic performance of PJSC RussNeft Oil and Gas Company, bottlenecks in the energy consumption system are identified. An organizational transformation program, based on the requirements of GOST R ISO 50001-2023 and supplemented by the introduction of IoT monitoring solutions, is proposed and economically evaluated. Implementation of this comprehensive set of measures will reduce specific energy consumption and greenhouse gas emissions.