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ABU DHABI, 2nd November, 2022 (WAM) -- Abu Dhabi National Oil Company (ADNOC) and Siemens Energy AG today announced plans to pilot blockchain technology to certify the carbon intensity of a range of products.By using smart sensor data gathered from across ADNOC’s operational chain – from the oil well right to the customer – the pilot will show how much CO2 was used to make products such as Murban crude, ammonia, and aviation fuels. This information will be automatically recorded onto a decentralized blockchain ledger.Such...

Other areas under joint development include electrification and Power-to-X technologies to produce green hydrogen and its derivatives.

Collaboration to explore digital certification of Murban crude, ammonia, aviation fuels

Abu Dhabi National Oil Company (Adnoc) and Siemens Energy on Wednesday announced plans to pilot blockchain technology to certify the carbon intensity of a ..

The Abu Dhabi Global Market (ADGM) has recently published new financial services amending regulations and various amended rulebook modules. These…