Blockchain technology may find widespread application in oil and gas industry Replacing intermediaries with blockchain technology Reducing transaction costs in oil and gas Although most closely associated with bitcoin and cryptocurrencies, blockchain technology is finding its way into a wide range of industries and applications. Under development in fields as diverse as stock trading, land … Continue reading “Petroteq Energy’s (TSX.V: PQE) (OTCQX: PQEFF) Blockchain Platform Taking Sharing Economy to Oil & Gas Industry”
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced that it is developing the ability to accept cryptocurrency for both the sale of its oil products and equity. “In January CNBC ran a piece on how more and more high-end real … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Planning to Accept Cryptocurrency Payments for Oil Products and Equity”
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced significant progress in the assembly of its heavy oil extraction and processing facility in Asphalt Ridge, Utah. Per the update, many aspects of the rebuilding project are currently ahead of … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Reports Significant Progress of Heavy Oil Extraction and Processing Facility Assembly”
Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced that it has received $2.5 million from Deloro Energy LLC, which is equal to the first tranche of the financing anticipated in the previously announced memorandum of understanding (“MOU”) with Deloro. Per the terms of the MOU, upon receipt of the entire first tranche, Deloro shall … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Receives $2.5M From Deloro”
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced that it has received approval from the State of Utah to serve as an official government contractor for the planning, design and procurement of infrastructure projects. The milestone is expected … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Approved to Serve as Official Government Contractor in Utah”
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, remains devoted to delivering increased transparency while providing users with improved productivity and lower costs. The company intends to meet these standards by utilizing its blockchain-based platform along the way. A recent article … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Devoted to Improving Transparency, Productivity through Blockchain-based Platform”
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced its entry into an agreement with Pemex, the Mexican state-owned petroleum company and one of the world’s top petroleum producers. On December 1, 2017, Pemex made headlines by becoming the … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Enters Agreement with Pemex”
Petroteq was a pioneer in the environmentally safe extraction of heavy oils with patented technologies Company’s blockchain initiative, PetroBLOQ, will be first blockchain platform developed exclusively for the supply chain needs of the oil and gas sector Examining company history of value creation, PetroBLOQ may be largest value driver yet Cryptocurrencies have garnered enormous market … Continue reading “Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Looks to Set Another Industry Milestone”
Petroteq Energy Inc. has a patented, environmentally-friendly oil sands extraction technology which is suitable for all hydrocarbon deposits Company is developing the first blockchain-based platform, PetroBLOQ, to meet the supply chain needs of the oil and gas sector Company is dedicated to increased transparency while providing users increased productivity and lower costs Petroteq Energy Inc. … Continue reading “Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Committed to Enhanced Transparency across the Oil & Gas Sector”
Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of environmentally friendly heavy oil processing and extraction technologies, recently endeavored to develop a blockchain platform to help solve oil and gas supply chain issues. An article discussing the company’s new technology reads: “PetroBLOQ will be the first blockchain-based platform … Continue reading “NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Developing Solution to Oil and Gas Industry Supply Chain Difficulties”
