Blockchain set to disrupt Gas & Oil Industry

With Bitcoin value reaching $20,000 last December and a rise of 1,824 percent within one year, blockchain is revolutionizing how energy is bought and sold, particularly in the gas and oil industry. Major players such as BP and Shell are already making plans to utilize blockchain technology in core trading and business. Read more here: https://oilprice.com/Energy/Energy-General/Why-The-Next-Oil-Boom-Will-Be-Fueled-By-Blockchain.html

China proves experts wrong

Experts had previously predicted a gas glut that would extend into the 2020s, but China is proving these predictions wrong by creating a very huge demand for cleaner energy sources with the government’s successful drive so far to transition from coal burning, to natural gas use. Reports indicate that instead of a glut, there has been a shortage of natural gas, especially during winter. Read more here: https://oilprice.com/Energy/Natural-Gas/China-Is-Erasing-The-Gas-Glut.html

Oil & Gas World Expo 2018

Exhibitors from several countries are set to showcase latest technologies for applications across refining and petrochemicals, chemical, fertilizer and manufacturing industries at the Oil &  World Expo 2018. The expo is set to provide a platform for collaboration, and new technology sharing. Read more here: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/oil-gas-world-expo-2018-to-be-held-in-mumbai-from-february-21-23/articleshow/62999302.cms

Gas – bridge to 100% clean energy

Whilst the world gradually transitions over the long term to fully renewable energies, gas remains vital as a much cleaner alternative to oil and fuel. There are however serious dangers with methane gas leaks. Methane does more harm to environment than CO2, but can be monetized when leaks are well monitored, emissions measured accurately and better procedures employed which will help maximize the greenhouse advantages of natural gas, at no extra costs. Read more here: https://oilprice.com/Energy/Natural-Gas/Cleaner-And-Cheaper-The-Future-Of-Natural-Gas.html

Golden day for Afghanistan!

A 1,814 km gas pipeline, TAPI, which will feed Turkmenistan gas to Afghanistan, Pakistan and India has been inaugurated by the Afghanistan President and Pakistan prime minister. The project which is set to create thousands of jobs will have a capacity to carry 33 billion cubic meters of gas.

Read more here: http://www.citizentribune.com/news/world/af-pak-officials-inaugurate-long-awaited-gas-pipeline/article_52fba295-2277-5ee3-b9c2-06edf1d0b618.html