Category: OIL

Fundraiser Aims to Raise $1M in Cryptocurrencies for Venezuelans

A cryptocurrency “airdrop” fundraiser has been launched to help Venezuelans. People are donating funds via a number of different coins…

IBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System

The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according…

Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value

Nicolas Maduro’s move to increase the price of the petro, the country’s oil-backed cryptocurrency designed to counter inflation, has sparked…

Oil-Trading Blockchain Platform VAKT Launches With Shell, BP as First Users

Post trade management platform VAKT has launched its blockchain-based processing tool to an initial group of crude oil industry clients,…

Blockchain Oil Trading Platform Backed by Shell and BP Is Now Live

A blockchain platform built by Vakt Global, a consortium venture set up by major firms including Shell and BP, has…

PR: iCumulate – A New Era in Social Investing

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material.…

Russia: Raiffeisen Bank, Gazprom Partner to Issue Bank Guarantee on Blockchain

The Russian subsidiary of Raiffeisen Bank International has partnered with local state-owned oil giant Gazprom Neft to issue a bank…

Shell, BP Back Blockchain Platform to Modernize Commodities Trading

Oil industry giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate…

Major Oil Firms, Banks Partner to Launch Blockchain Platform for Energy Commodity Trading

Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform…

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