Convergence can unleash blockchain for oil and gas
The ability to consolidate peer-to-peer decentralised technology into a variety of systems aids productivity as well as tracking of sustainable business practices
Blockchain technologies not only integrate well into the oil and gas sector but also help deliver important operational and business value. One plus one really can equal three, but it depends on who is doing the counting and how. Blockchain innovators are already highlighting the merits of working closely with other technologies, such as the Internet of Things (IoT). But convergence in the sense of close collaboration, or even mutual co-dependence with other technologies, raises a number of questions for oil and gas companies interested in blockchain possibilities: What exactly is convergence and is it a material consideration? How does blockchain interact with other technologies? Where
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally






