This book analyzes the expanding oil and gas activities in the Arctic from the perspective of Sustainable Development (SD) and Corporate Social Responsibility (CSR). The focus is on the territories of the Arctic rim where the current and future oil and gas activities in the Arctic are and will be located. The book raises a number of questions including how sustainable development has been framed in the Arctic and the interaction between indigenous peoples, governments and oil and gas companies. The book is divided into three parts. In the first part of the book, oil and gas are approached through the concepts of sustainable development (SD) and Corporate Social Responsibility (CSR) together with the challenge of climate change. The second part consists of case studies from Alaska, Canada, Norway and Russia where the discourses on oil and gas in the Arctic are explored and the final part of the book draws together the material from the country studies in a comparative manner.