Filtration is pressure dependent mostly, so states of increased renal demand/blood flow require more O2, but blood volume/perfusion is the key for the kidney. You get ARF when you have low blood flow, not when youre hypoxemic. The kidney can't be in such an O2 consuming state that other organs (brain) wouldn't fail first, and its cells probably don't generate so much ATP to really be at risk of hypoxemic hypoxia.