Oil News

Cryptocurrency markets ares seeing mixed signals, with U.S. crude reaching $60 for the first time in around four months.

Cryptocurrency markets are experiencing mixed signals, with Bitcoin trading around $3,920.

Petroleum refiner Bangchak Corporation Public Co. Limited is testing a blockchain-based microgrid at one of its stations in Bangkok.

Seven global oil and gas firms including ExxonMobil and Chevron formed Oil & Gas Blockchain Consortium.

Vakt, a post-trade platform for oil, based on blockchain, now sees the participation of dealers covering two-thirds of the North Sea market.

The Russian State Duma plans to review and adopt new cryptocurrency regulation in March.

Crypto markets are largely trading sideway, with top coins reporting some small gains.

More global oil and gas giants have joined the blockchain-based platform for trading energy commodities.

A United Arab Emirates national oil company has successfully piloted a blockchain system for oil and gas production.

JPMorgan’s Quorum technology forms the backbone of the latest blockchain solution for major oil industry players Shell, BP and others.

The Russian branch of Raiffeisen Bank partners with major oil industry company, Gazprom Neft, and others to issue a bank guarantee via blockchain.

A blockchain-driven platform for energy commodity trading, joined by BP, Shell, and Equinor along with large banks, will become fully operational by 2019.

A joint Swiss-based venture made up of banks and industry players will oversee a new blockchain-based platform for financing commodity trading.

An investigative report into Venezuela’s national oil-backed cryptocurrency, the Petro (PTR), has attempted to square government claims with facts on the ground...

Venezuela launched Petro pre-sale. What is the economic nature and implications of the world’s first government-issued cryptocurrency?