Circular economy and innovation in oil and gas industry: A systematic literature review and bibliometric analysis

Abstract

AbstractThis research aimed to conduct a bibliometric analysis of the existing scientific literature on circular economy (CE) and innovation in the oil and gas industry to determine the most critical concepts, authors, sources, most cited articles and countries mentioned in the field. The study of the literature on CE and innovation is also intended to reveal its underlying philosophical, intellectual and social framework. Scopus publications from 2010 to 2022 were examined for this purpose. First, a quantitative study with tables, graphs and maps summarizes the state of the CE and innovation in the oil and gas business, focusing on the key performance indicators of article output and citation. A total of 799 items were located by the results. Second, an inductive analysis of secondary literature that includes 108 articles was done, and 8 categories were identified: the CE and innovation; the CE and environmental impact; the acceptance of the economy CE by developing nations; the possibility of mainstreaming the CE; the effects of the CE on manufacturing; the effects of the CE on the pandemic (COVID‐19); and the effects of the CE on oil and gas industry.