Oil
One of World's Richest Firms Joins Blockchain Trade Platform Vakt After $5M Investment
Oil-giant subsidiary Saudi Aramco Energy Ventures has made a $5 million investment in Vakt, a commodities post-trade processing platform built with blockchain tech.
US Homeland Security Taps Canadian Blockchain Firm to Track Oil Imports
DHS has hired Mavennet to track oil imports into the U.S. by retrofitting existing tracking technology with blockchain.
Standard Chartered Completes First Transaction on Blockchain Trade Platform Voltron
Standard Chartered Bank has completed its first international letter of credit transaction on the open-industry blockchain trade platform Voltron.
Russian Gas Giant Gazprom to Execute Business Contracts on a Blockchain
Russian state-owned gas giant Gazprom may soon begin using blockchain to execute and monitor contracts as part of its digitization plans.
Ex-Enron CEO Leaves Jail to Plot Possible Blockchain Venture: Report
The former CEO of Enron, Jeffrey Skilling, is reportedly looking to start a blockchain-related company just a month after being freed from prison.
Blockchain Oil Trading Platform Backed by Shell and BP Is Now Live
A blockchain platform built by a group of major firms to bring new efficiencies to energy commodities trading has gone live.
Shell, BP Back Blockchain Platform to Modernize Commodities Trading
Oil giants Shell and BP are among a group of firms planning to launch a blockchain platform to automate post-trade processes in the energy industry.
