Robots redraw energy supply chain
Market participants are turning to artificial intelligence for cost and efficiency gains
In this article, PE looks at the impact of new technologies on the industry. Part I of II. For part II, click here. From deep-water directional drilling to the liquefaction and long-distance transport of natural gas, the energy sector has long pioneered the use of transformational technologies. Now the sector is facing another wave of change, this time from the pervasive potential of AI which enables unlimited amounts of data to be ingested, interpreted and acted upon immediately. As is already happening in financial, retail, healthcare and other sectors, this fourth industrial revolution is set to improve productivity and overhaul established working practices within the energy sector and i
Also in this section
15 January 2025
The oil and gas industry will replace its capital discipline with Trump compliance and consumers will benefit from lower gasoline prices
15 January 2025
How legislative reforms and ambitious exploration plans are transforming India into a global energy investment hotspot—and why international investors are taking notice
13 January 2025
With Namibia, Guyana and Brazil playing starring roles and important innovations being developed, business as usual has never looked so good
13 January 2025
Regional cooperation over the development of gas resources has the potential to bring peace and prosperity to the East Mediterranean