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Showing posts from March, 2018

One of the most popular technologies in the oil and gas industry in 2018 - Blockchain

New technologies are infiltrating the traditional oil and gas industry at an unprecedented rate. New technologies such as artificial intelligence , cloud computing and 3D printing are constantly subverting the traditional oil and gas industry. With the virtual digital currency market go hot, blockchain technology is also getting hot, is considered another major disruptive meaning of the core technology. According to S & P Global Platts' official website , just last Thursday, Standard & Poor's Global Platts announced that it is deploying a proprietary security blockchain network platform to allow market participants in a more efficient and secure environment Weekly stock oil storage data is provided to FOIZ, the UAE's official oil regulator and regulatory agency FEDcom. FOIZ has the largest commercial storage capacity of the Middle East product oil. As the exclusive publisher of FOIZ weekly oil storage data, combined with FEDcom and 11 terminal operators, S...