Energy


Markets

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.

North Sea oil rig. Credit: Shutterstock

Markets

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.

Credit: Shutterstock

Markets

Ethereum Energy Project Now Powers 700 Households in 10 Cities

Little-known ethereum project Lition is live and quietly helping German citizens hunt down cheaper energy options.

(Shutterstock)

Markets

Singapore Power Unveils Blockchain Market for Renewable Energy Trading

Singapore's energy utilities provider has launched a blockchain-powered marketplace for trading renewable energy certificates.

Credit: Shutterstock

Markets

Nevada's Utilities Agency Eyes Blockchain for Energy Credit System

The Public Utilities Commission of Nevada is looking to implement blockchain for its energy credit tracking system.

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Markets

Energy Giant Engie Backs 'Blockchain Studio' With $2.3 Million Funding

French energy firm Engie announced Friday that it will help commercial customers build blockchain platforms with its new "Blockchain Studio" spinoff.

Building Blocks, Team

Markets

Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand

A publicly owned firm chaired by a Chinese billionaire lost millions through crypto investments, yet it's still seeking to rebrand around the tech.

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Markets

US Senate to Examine Energy Efficiency of Blockchain

The U.S. Senate will host a hearing on blockchain's energy use and whether the tech can be used to protect infrastructure next week.

The U.S. infrastructure bill's tax provisions could affect the price of ether.

Markets

Researchers Build Blockchain Electricity Exchange They Say Cuts Waste

A team from one of the top universities in China has developed a decentralized exchange, not for crypto assets, but for unused electricity.

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Markets

South Korean Telecoms Giant KT Has Built Its Own Blockchain

The second largest mobile carrier in South Korea has launched its own blockchain network and aims to apply the tech across several sectors.

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