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The AI in oil and gas market is forecast to reach US$13bn by 2034, according to the report. (Image source: Adobe Stock)

The artificial intelligence (AI) in oil and gas market is estimated to be valued at US$3.5bn in 2024 and is expected to reach US$13bn by 2034, according to a new report from Future Market Insights on AI in the Oil and Gas Market 

First-ever International Energy Agency review of Senegal’s energy policies finds that robust institutions and planning, as well as success in expanding electricity access, bolster momentum towards 2035 goals

The upstream industry hopes 2024 can be a bounce-back year for high-impact oil and gas drilling after a lackluster 2023, with Africa and Latin America likely to spearhead activities 

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