Corporate Blog

How blockchain helps the oil and gas industry reduce its carbon footprint and improve SLA adherence

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The big question when new technologies are introduced in the marketplace is whether they will stand the test of time and reach critical levels of adoption to fulfil their "raison d´être". With blockchain's gradual adoption across different industries, there are two key areas where it plays a pivotal role in enhancing the oil and gas industry's effectiveness and efficiency.  1.Carbon Credit NFTs Greenhouse Gas (GHG) emissions from oil and gas operations stand at more than 5.2 billion metric tonnes, representing nearly 15% of the energy sector's total GHG emissions. Blockchain's use of uniq...

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Accelerating low carbon supply chains in Africa's energy sector

Accelerating low carbon supply chains in Africa's energy sector

Achieving net-zero greenhouse gas emissions by 2050 is a formidable task for the global energy industry, but one of vital importance. In Africa, we're facing the triple challenge of tackling emissions, building sustainable sources to meet growing energy needs, and mitigating the economic impact of our heavy reliance on oil. For transformational change to be successful, we need to collectively adopt a pragmatic, commercially viable, and action-oriented approach to tackling emissions. This approach needs to have a clear focus on operating the cleanest, high-margin portfolio of energy production ...

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