Investment
Features
FeesSafety
Academy
More
Pluang+

Generative AI in oil and gas market to grow at 16.9% CAGR, reaching $1.15B by 2030 with cloud and predictive tech driving growth.

Market News
10 Jul 2026
Researchandmarkets.Com
View Source
Bullish
pluang ai news

The generative AI market in the oil and gas sector is projected to grow from $0.53 billion in 2025 to $1.15 billion by 2030, at a CAGR of 16.9%. Growth is driven by adoption of cloud-based AI for real-time monitoring, predictive maintenance, and drilling optimization. Major players like Saudi Aramco and Shell are leading AI integration efforts, while tariffs encourage local AI development. This expansion reflects broader digital transformation trends aiming to improve efficiency and decision-making in oil and gas operations.

More News (XOM)

Enterprise Products Partners outperforms Exxon in dividend growth and income stability for retirees.

Enterprise Products Partners outperforms Exxon in dividend growth and income stability for retirees.

Enterprise Products Partners (EPD) has proven to be a stronger choice than Exxon Mobil (XOM) for retirees seeking durable and growing income. While both companies are energy blue chips paying dividends, EPD maintained and increased its dividend durin...

Market News
Bullish
16 hours ago
Oil flow through Strait of Hormuz remains uncertain amid Iran tensions; US eases Syria terror label aiding energy investments.

Oil flow through Strait of Hormuz remains uncertain amid Iran tensions; US eases Syria terror label aiding energy investments.

Oil shipments through the Strait of Hormuz are below pre-war levels due to Iranian control claims and regional tensions. While Iran asserts tight control, the US Navy escorts some shipments, keeping flow significant. Recent talks between Iran and Oma...

Market News
Neutral
17 hours ago
ExxonMobil seen as better investment than Enbridge amid oil price volatility from geopolitical risks

ExxonMobil seen as better investment than Enbridge amid oil price volatility from geopolitical risks

ExxonMobil is considered better positioned than Enbridge due to heightened oil price volatility caused by geopolitical tensions, especially disruptions in the Strait of Hormuz. The combination of these disruptions and ongoing structural supply-demand...

Market News
Bullish
1 day ago
Five blue-chip stocks with decades of dividend growth announce fresh payouts and strong earnings.

Five blue-chip stocks with decades of dividend growth announce fresh payouts and strong earnings.

Five established companies—Johnson & Johnson, PepsiCo, Coca-Cola, Exxon Mobil, and Kimberly-Clark—have declared new dividends backed by decades of consistent payout increases. Each company recently reported strong earnings or raised guidance, signali...

Market News
Bullish
2 days ago
US Strategic Petroleum Reserve hits 44-year low amid ongoing Middle East tensions

US Strategic Petroleum Reserve hits 44-year low amid ongoing Middle East tensions

The US Strategic Petroleum Reserve (SPR) dropped to 289.7 million barrels, its lowest since 1982, due to releases made to offset oil supply disruptions from the Iran conflict and Strait of Hormuz tensions. This reduction limits the US's ability to re...

Market News
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App