Upstream Energy Sector Increasingly Turns to Artificial Intelligence and Advanced Analytics to Navigate Energy Transition and Accelerate Carbon Reduction Efforts
NEW YORK, Dec. 18, 2023 /PRNewswire/ -- The upstream energy sector is turning to artificial intelligence and advanced analytics to speed up analysis and decision-making to realize their carbon reduction commitments. With an increased focus on strategies and investment surrounding carbon reduction, S&P Global Commodity Insights is leveraging its leading industry content set, deep domain expertise and advanced data capabilities to provide solutions that accelerate informed and confident decisions supporting the industry's decarbonization targets.
- NEW YORK, Dec. 18, 2023 /PRNewswire/ -- The upstream energy sector is turning to artificial intelligence and advanced analytics to speed up analysis and decision-making to realize their carbon reduction commitments.
- Applying advanced data analytics and artificial intelligence can accelerate these efforts."
- The challenges that come with properly assessing and de-risking energy transition initiatives necessitates new data tools.
- However, finding the optimal carbon storage sites requires different analysis to that carried out for hydrocarbon exploration.