Oil majors Chevron and Total, along with major Indian refiner Reliance Industries, have joined the blockchain-based platform Vakt, London-based Vakt said on Tuesday.
Vakt, already in use by other major trading firms since the end of last year, is the first of many blockchain pilot schemes for...
Crude oil production from members of OPEC is expected to fall to below 30.73 million barrel per day by the end of this year, the group's lowest monthly output since February 2015, the US Energy Information Administration said Tuesday.
In its Short-Term Energy Outlook, EIA said OPEC members...