Blockchain technology has emerged as one of the hottest topics in oil and gas. The technologies have garnered headlines and massive investments from the private sector. This includes numerous energy…
DynaEnergetics, a business of DMC Global Inc. has announced it achieved a 100% success rate on field trials of its new DS Trinity™ perforating system. DS Trinity, which features three…
SINGAPORE - There are fewer dangerous incidents involving cranes but more can be done to improve the safety of crane operations, said Minister of State for Manpower and National Development…
What is it? PermianChain Technologies has launched the prototype of its blockchain-based platform for trading potential oil and gas reserves. The platform - when fully developed - will simplify the…
Global oil and gas executives are preparing to accelerate their investment in digital technologies, according to a new report from EY. Global oil and gas executives are preparing to accelerate…
A new global cyber threat campaign has recently infiltrated dozens of energy, defense, nuclear, and financial companies around the world, using malware to extract and exploit data from these organizations in a…
A blockchain-based oil trading platform dubbed Vakt and developed by a consortium involving BP and Shell began operating this week, Reuters reports, citing the consortium. The aim is to utilize…
Crude oil traders are now able to use a blockchain-based platform to finalize their deals. VAKT, a London-based independent company backed by energy majors, commodity traders and banks, announced its…
Digitalization in upstream: show me the money, a new report from global natural resources consultancy Wood Mackenzie indicates the upstream sector could see annual cost savings of $75 billion annually…
SP Group launched on Monday the world’s first index to help utilities measure and advance the development of smart grids. A smart grid is an electricity supply network that uses…