Energy

Shell, BP Back Blockchain Platform to Modernize Commodities Trading

| Yogita Khatri

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.

Singapore Power Unveils Blockchain Market for Renewable Energy Trading

| Yogita Khatri

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

Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand

| Wolfie Zhao

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

US Senate to Examine Energy Efficiency of Blockchain

| Nikhilesh De

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.

Researchers Build Blockchain Electricity Exchange They Say Cuts Waste

| Wolfie Zhao

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

South Korean Telecoms Giant KT Has Built Its Own Blockchain

| Wolfie Zhao

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

Softbank Wants to Cut Carbon Emissions with Green Energy Blockchain

| Wolfie Zhao

A group of Japanese firms is planning a blockchain pilot that would allow rural consumers to trade renewable energy.

China’s State Electricity Firm Eyes Blockchain for Internet of Energy

| Wolfie Zhao

China State Grid Corporation, the country's state-owned power utility, is looking to blockchain to advance its plans for an "Internet of Energy."

power, lines

Chile Is Using Ethereum’s Blockchain to Track Energy Data

| David Floyd

The new energy minister has announced a project to commit a number of data sets to the public ledger, where they will be much harder to hack.

China’s Sinochem Completes Gasoline Export Over Blockchain System

| Annaliese Milano

Chinese petrochemical giant Sinochem has successfully used blockchain technology to conduct a gasoline shipment to Singapore.