Oil and Gas Financial News

27.09 / 09:15

Adoption Mining Oil and Gas Argentinian oil company to start mining crypto with gas power leftovers

A Buenos Aires-headquartered oil company, Tecpetrol, has decided to convert excessive gas into energy for cryptocurrency mining.

16.11 / 06:05

business Adoption Binance Energy Oil and Gas Joint Venture Binance to launch Thai exchange in joint venture with local energy giant

Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development.

19.10 / 12:39

business Blockchain Oil and Gas hyperledger India state refiner HPCL to use blockchain to verify purchase orders

India’s state-run refiner, Hindustan Petroleum (HPCL), one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders (POs).

29.09 / 17:53

markets stocks Gold Oil and Gas Bitcoin Costo sells out of gold bars, but is it a better investment than Bitcoin?

Costco has made headlines this week after it rapidly sold out of gold bars. In times of economic uncertainty and rising inflation, it's no surprise that investors are turning to traditional safe-haven assets like gold. The question is whether gold’s performance will eventually catapult its price above $2,050, a level last seen in early May.

26.09 / 12:21

regulation Oil and Gas Petro Agency reorganization 2024 Venezuela extends reorganization shutdown of crypto agency to March 2024

Venezuela was one of the first Latin American countries to establish its own crypto oversight body, the National Superintendency of Crypto Assets (Sunacrip). Now, the government says it will take six extra months to ‘reorganize” the entity, which de-facto stopped its work in March 2023.

16.09 / 07:23

Fossil fuels Oil and Gas Shell Oil companies can only decarbonize as fast as the rest of the economy: Shell Canada

The fossil fuel industry is increasingly under the microscope for its contribution to climate change, but the president of British oil giant Shell’s Canadian subsidiary says oil and gas companies can’t be held solely responsible for the pace of the global energy transition.

15.08 / 10:07

inflation interest rate Oil and Gas Bank of Canada Bank of Canada interest rate end A factor cooling inflation could soon end. What it means for the Bank of Canada

The waning of a factor helping to push down inflation means the Bank of Canada will be relying on a pronounced slowdown in the economy this fall to keep prices from rising more, experts say.

02.08 / 07:59

Oil and Gas Oil Deal Strathcona Resources to go public through $8.6B deal to buy Pipestone Energy

Strathcona Resources Ltd. announced Tuesday it will go public through a deal to purchase oil and gas exploration company Pipestone Energy Corp. as part of a longer-term expansion push.

05.05 / 17:39

business banking Oil and Gas Bitcoin PacWest Bank plummets 50%! How will Bitcoin react?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.

03.04 / 09:57

markets Oil and Gas Crypto Ed Bitcoin Bitcoin Price Dollar week BTC price double top forming? 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week in volatile territory as news of an oil supply cut delivers a choppy start to the week.

02.11 / 08:13

Mining Oil and Gas Bitcoin BTC Mining Record hash rates may see Big Oil become a major BTC mining player

Surging Bitcoin (BTC) network hash rates are causing problems for mining companies but might be rolling out the red carpet for energy giants.

07.09 / 18:57

markets Oil and Gas Bitcoin Dollar Warning Low week Bitcoin price hits 10-week low amid 'painful' US dollar rally warning

Bitcoin (BTC) provided a long awaited breakout into Sept. 7 as BTC price action dashed bulls’ hopes of a recovery.

31.03 / 03:45

Adoption Environment Oil and Gas Bitcoin Bengal Energy to mine Bitcoin using ‘stranded wells’ in Aussie outback

Canadian oil and gas company Bengal Energy, is dipping its toes into Bitcoin (BTC) mining as a way of utilizing the untapped energy from its gas wells in the far reaches of the Australian outback.

25.03 / 01:07

business Oil and Gas Bitcoin Power Exxon Mobil is using excess natural gas to power crypto mining: Report

United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto mining rigs — and it may be expanding its operations to four other countries.

08.03 / 20:51

markets Gold Oil and Gas Bitcoin Bitcoin stems losses after US bans Russian oil, gold heads to record highs

Bitcoin (BTC) erased then recovered its daily gains later on March 8 as United States President Joe Biden announced a complete ban on Russian oil imports.

24.02 / 08:13

Ethereum stocks Oil and Gas Bitcoin Bitcoin plunges as Putin announces 'special military operation' in Ukraine

Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in Ukraine.

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