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
9 January 2026
OPEC+ remains on track as output falls, with only Gabon failing to hit its output targets in December, although Kazakhstan’s compliance was involuntary
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions






