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AI drives Shell’s energy transformation
Shell released its first global energy outlook in two years, analyzing AI’s potential impact on energy demand and carbon reduction by 2050.
The report predicts oil demand will rise by 3-5 million barrels per day into the 2030s before peaking, while natural gas demand will grow into the 2040s.
Shell outlined three AI-driven energy scenarios, all exceeding the 1.5°C Paris Agreement limit but projecting progress in decarbonization and carbon removal.
Recent Shell developments
| Timeline |
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25-Apr-2024 💻 Nvidia shells out $700m to scoop up Israeli AI startup
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07-Mar-2022 💼 Singtel’s NCS shells out $239m for its largest acquisition
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02-Jan-2020 🚚 Oil giant Shell’s startup wants to solve logistics in Southeast Asia
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19-Aug-2019 ⚡ In Brief: Shell debuts electric vehicle chargers in Singapore
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22-Sep-2017 🚀 Shell launches startup accelerator in Singapore
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| 10-Jul-2011 🎉 Shell LiveWIRE Awards 2011 introduces secondary/post-secondary school categories |
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