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Blockchain is a reliable, difficult to hack record of transactions and of who owns what. Oil and gas companies expect blockchain energy trading platforms to improve reliability and efficiency. -
Late last year, Norges Bank recommended that the Norway Oil Funds end future investment in oil and gas stocks. Two weeks ago Statoil changed its name to Equinor. Are these actions a reflection of the long-term prospects of the oil and gas industry?
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With more than 60% of oil and 80% of gas production coming from non-OPEC nations, and US shale production proving to be resilient, OPEC's influence on oil markets may decrease but it's role in market dynamics is still important.
