Oil and Algorithms: How Artificial Intelligence turns Data into Energy

2025

Full text Open access: Gold Metadata (CSL-JSON)
DOI 10.54859/kjogi108819
Data confidence 70 medium
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Abstract

The article explores the application of Artificial intelligence in the oil industry, focusing on the transformation of data into new energy sources. Artificial intelligence is used to optimize oil extraction and refining processes, contributing to increased productivity, reduced costs, and enhanced safety. The implementation of innovative algorithms, such as machine learning and the Internet of Things, significantly improves forecasting accuracy, the identification of hidden patterns, and process automation. These technologies help effectively manage risks, minimize costs, and accelerate operations, while also enhancing environmental sustainability. Artificial intelligence promotes the rational use of natural resources and reduces environmental impact, improving both economic and environmental performance of oil companies. Overall, the use of Artificial intelligence in the oil industry opens up new opportunities for more efficient and environmentally friendly production, making processes more sustainable in the long term.