Tag Archives: Shell

[ad_2][ad_1] The centuries-old, paper-based trading of oil and gas industry was overhauled last year, courtesy of the blockchain and an industry consortium originally including Shell, BP, ABN Amro, ING, and Societe Generale. The industry platform, called VAKT, announced a host of new petrochemicals and oil fields – including Chevron, Total, …

[ad_1] Shell Midstream Partners, L.P. (SHLX): Shell Midstream Partners, L.P. (SHLX) full business day with a performance of 1.67% and closed at $ 19.43 per share value in Tuesday negotiation session. The recent trading activity revealed that the share price fell 6.08% from its minimum of 52 weeks and traded …

[ad_1] Royal Dutch Shell plc (RDS-B): Moving averages help technical traders track financial assets by mitigating daily price fluctuations or noise. By identifying trends, moving averages allow operators to make sure that trends work in their favor and increase the number of winning operations. The shorter the period of a …

[ad_2][ad_1]<div _ngcontent-c14 = "" innerhtml = " Blockchain applied November 8, 2018, Shell announced the world's first oil products trading business using blockchain technology developed with Applied Blockchain. The technology is currently in use within Shell, allowing the company's various businesses to operate by looking at prices in real time …

[ad_2][ad_1] London-based Vakt oil trading blockchain platform went online this week, Reuters said, with Shell and BP among the first to start using the platform. Reuters reports that Vakt will be restricted to "contracts for the five rough grades of the North Sea that are used to set up the …

[ad_2][ad_1] Shell and BP are now using a blockchain-based trading platform for crude oil, which they hope will solve commercial and regulatory inefficiencies. Shell & BP Hope Blockchain will solve inefficiencies Vakt is the first on the market of several pilot projects that have been under development, such as Bitcoinist …

[ad_2][ad_1] A blockchain-based oil trading platform dubbed the Vakt and developed by a consortium involving BP and Shell began operating this week, Reuters reports, citing the consortium. The goal is to exploit the potential of distributed ledger technology for low cost, non-intermediate but secure transactions. The news of the platform …

[ad_2][ad_1] Post-Sales Management Platform VAKT launched its blockchain-based processing tool to an initial group of oil industry customers, a press release dated 29 November. VAKT, which uses JPMorgan's Quorum blockchain technology for execution, was distributed to the raw BFOET participants. The press release reports that the energy giants BP, Equinor, …

[ad_2][ad_1] The secular and paper-based trading process of the oil and gas industry is reviewed, courtesy of the blockchain and an industrial consortium including Shell, BP, ABN Amro, ING and Société Générale. The world's leading energy producers and banks joined forces at the start of this month and today launched …

[ad_2][ad_1] A blockchain platform built by Vakt Global, a consortium of major companies including Shell and BP, has been launched to bring new efficiencies to the trade in energy commodities. According to a Tweet On Thursday, the platform is ready to facilitate the trade in crude oil among the companies …