February 16, 2026

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Major Oil Firms, Banks Partner to Launch Blockchain Platform for Energy Commodity Trading

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Major Oil Firms, Banks Partner to Launch Blockchain Platform for Energy Commodity Trading

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Major oil firms, banks partner to launch blockchain platform for energy commodity trading

Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform Vakt for energy commodity trading. The partnership was reported by independent news agency covering energy and commodities markets S&P Global Platts Monday, Nov. 12. Apart from the three oil companies mentioned above, Vakt includes banks […]

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Major oil firms, banks partner to launch blockchain platform for energy commodity trading

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