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Outlook 2022: Digitalisation holds the key
Decarbonising existing and future energy production can be achieved only through technological innovation
Repsol trusts in AI
The company’s upstream digital strategy is increasingly turning to machine-learning and AI capabilities
Driving digital innovation at a global scale
Adoption of proactive technologies will be crucial for the oil and gas sector to meet its decarbonisation goals while staying financially competitive
More thinking, less clicking: AI improves geoscientist efficiency
Upstream operators increasingly value the transformational potential of AI solutions
Methane emissions face digital disruption
A range of available tools and scalable technologies is helping drive the hydrocarbons industry towards a low methane future
Repsol develops digital brain
The IOC is moving towards Industry 4.0 by building its own AI-based analytics platform
Robots redraw the energy workforce
If autonomous machines take control over more aspects of the energy business, will there be an industry at all in the future?
Technology fuels energy trading gains
AI-based trading platforms can drive transparency in LNG, commodities trading
Robots redraw energy supply chain
Market participants are turning to artificial intelligence for cost and efficiency gains
Digitalisation Review
AI
Antonio Pietri
Aspentech
12 October 2020
Follow @PetroleumEcon
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Revolutionising the downstream

Industrial AI will allow plants to reach their autonomous potential

Reactiveness, resilience and reliability are becoming increasingly important in the refining industry. As a result of fluctuating pricing and demand, the safety, logistics, environmental impact and economics of new scenarios must be analysed daily. Sustaining stable operations and improving competitive advantage will come down to reacting as quickly as possible to real-time analysis while factoring in resilience and reliability. The ultimate vision for the industry is the self-optimising, autonomous plant—and the increasing deployment of AI across the sector is bringing this closer to reality. However, while refining has been an early adopter of many digital tools, the industry has yet to fu

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