Business | Pipe dreams

Oil bosses have big hopes for the AI boom

Data centres are fuelling demand for natural gas—for now

An Elevation Resources drill rig in the Permian Basin.
Fired upPhotograph: Desiree Rios/New York Times/Redux/eyevine

This week 180,000 people descended on Abu Dhabi to attend ADIPEC, the global oil-and-gas industry’s biggest annual gathering. This year’s focus, perhaps unsurprisingly, was the nexus of artificial intelligence (AI) and energy. On the eve of the jamboree Sultan Al Jaber, chief executive of ADNOC, the Emirati national oil giant, convened a private meeting of big tech and big energy bosses. A survey of some 400 energy, tech and finance bigwigs released in conjunction with the event concluded that AI is set to transform the energy business by boosting efficiency and cutting greenhouse-gas emissions.

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This article appeared in the Business section of the print edition under the headline “Pipe dreams”

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