In the latest episode of the CNBC Changemakers with Julia Boorstin podcast, Chevron's President of Oil, Products & Gas, Eimear Bonner, discussed the transformative impact of AI on the energy sector. Bonner highlighted how AI is revolutionizing operations, from financial audits and earnings calls to enhancing well efficiency and safety. She also addressed the challenges AI presents, particularly in meeting rising energy demand, and outlined Chevron's strategies to navigate this evolving landscape.
Bonner shared her career journey, from her early days as an offshore petroleum engineer to becoming Chevron's first female CTO and CFO. Drawing from her experiences in the North Sea, Thailand, and Kazakhstan, she emphasized the importance of practical strategy and accountability in leadership. She also touched on the broader implications of AI, including its effect on jobs and the need for reskilling in the workforce.
The episode also briefly covered other notable business developments, including Microsoft's voluntary buyouts for 60,000 employees amid an AI-driven efficiency push, Anthropic's risky IPO, and Apple's response to reports of broken screens on its new foldable iPhone Duo. Additionally, the S&P 500 saw gains as chip stocks rose for a second day, while oil prices eased.