ADNOC Advocates AI and Renewables Amidst Oil Summit Challenges
TL;DR
The rise of artificial intelligence is pushing major oil companies like Adnoc to invest more in renewable energy, as AI's energy demands grow. Sultan al-Jaber, CEO of Adnoc, highlighted the need for a model integrating various energy sources, including renewables, to meet AI's power needs. Adnoc is investing $23 billion in low-carbon technology using AI, aiming to reduce emissions and achieve carbon reduction targets. The company is also developing AI agents to enhance operational efficiency and carbon storage capabilities.
- AI’s huge power needs give oil majors incentive to invest in renewables, says Adnoc boss Financial Times
- The UAE opens its annual oil-and-gas summit as industry weathers Mideast wars and awaits US election The Associated Press
- UAE'S ADNOC to deploy autonomous AI in the energy sector for the first time Reuters
- Oil Summit Opens with Pledge to Boost Output Despite Price Drop Newsweek
- ADNOC Boss Urges Energy Peers To Fully Embrace Power Of AI Forbes
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