Crypto services from Binance and Gulf Energy’s joint venture, Gulf Binance, will initially be available to Thai residents on an invitation-only basis.
India state refiner HPCL uses blockchain to verify purchase orders
Hindustan Petroleum, one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders.
Argentinian oil company to start mining crypto with gas power leftovers
Tecpetrol hopes to reduce environmental impact by avoiding gas emissions, and generate some additional profits in the meantime.
Venezuela extends reorganization shutdown of crypto agency to March 2024
The government will spend six additional months to ‘reorganize” the entity, which de-facto stopped its work in March 2023.
The Agenda podcast chats with Energy Web on how to fight climate change with help of blockchain
Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier and why they are building on Polkadot.
PacWest Bank plummets 50%! How will Bitcoin react?
Cointelegraph analyst and writer Marcel Pechman explains how PacWest’s plummeting share price and the continued banking crisis could impact Bitcoin.
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
Some governments can negatively impact Bitcoin’s environmental footprint by banning BTC mining, according to new data from Cambridge.
Eurozone hits record inflation of 9.1% amid gas and energy crisis
Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine.
Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst
As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg.
Russia seems to be preparing to mine Bitcoin with flare gas
One of the world’s largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining.
Here’s how blockchains are helping to advance the global energy grid
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector.
Bengal Energy to mine Bitcoin using ‘stranded wells’ in Aussie outback
Canadian oil and gas miner Bengal Energy, is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs.
Exxon Mobil is using excess natural gas to power crypto mining: Report
The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany.
Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
Russian officials consider proposal to mine Bitcoin with associated gas
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high.
Too early to talk about using crypto for oil trading, says Putin
The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”
Saudi Aramco dismisses ‘false and inaccurate’ rumors on Bitcoin mining
Saudi’s biggest oil exporter denied claims of involvement in Bitcoin mining activities but continues to bet on blockchain-focused businesses.