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Patent activity related to artificial intelligence decreased in the oil & gas industry in Q1 2023

The global oil & gas industry experienced a 34% decline in the number of artificial intelligence related patent applications in Q1 2023 compared with the previous quarter, according to GlobalData's Patent Analytics.

Patent activity related to environmental sustainability decreased in the oil & gas industry in Q1 2023

The global oil & gas industry experienced a 14% decline in the number of environmental sustainability related patent applications in Q1 2023 compared with the previous quarter, according to GlobalData's Patent Analytics.

Lignocellulosic feedstock-based biofuel market size to grow by USD 1 4 billion between 2021 and 2026; Growth driven by non-dependent nature of lignocellulosic feedstock

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