Petroteq Energy Inc. PQEFF Archives - Page 16 of 18

ThursdayJan 25, 2018 11:15 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Enters Agreement with Pemex

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 first petroleum company to accept cryptocurrency as a form of payment. Per the update, Pemex is optimistic that it can benefit from the adoption and integration of a blockchain technology platform to efficiently manage and implement the chain of supply of oil and gas, falling…

WednesdayJan 24, 2018 4:07 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Looks to Set Another Industry Milestone

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 attention lately. Some say cryptocurrencies are worthless, others say they’re the new global fiat medium of exchange. Time will tell. However, there is consensus that the underlying blockchain technology has applications that extend far beyond its connections to cryptocurrency. Companies around the globe are beginning…

MondayJan 22, 2018 3:48 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Committed to Enhanced Transparency across the Oil & Gas Sector

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. (TSX.V: PQE) (OTCQX: PQEFF), a Canadian company known for its patented, environmentally-friendly oil sands extraction technology, is developing PetroBLOQ, the first blockchain-based platform focused on meeting the specific needs of players in the oil and gas industry. PetroBLOQ promises to improve efficiency, transparency and security…

MondayJan 22, 2018 1:01 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Developing Solution to Oil and Gas Industry Supply Chain Difficulties

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 to exclusively serve needs related to the supply chain within the oil and gas industry, addressing issues like cost constraints faced by participants within the industry. It is anticipated that those who use PetroBLOQ will save both time and money and will also benefit from…

WednesdayJan 10, 2018 11:16 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Receives Notices of Allowance from US and Canadian Patent Offices

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, this morning announced that it has received a Notice of Allowance from the United States Patent and Trademark Office for U.S. Patent Application 13/627,518, “Oil From Oil Sands Extraction Process” and a Notice of Allowance from the Canadian Intellectual Property Office for Canadian Patent Application 2,754,355, “Oil Extraction Process.” “We are very excited to receive the Notices of Allowance from the respective U.S. and Canadian patent offices,” Alex Blyumkin, CEO and chairman of Petroteq, stated in…

TuesdayJan 09, 2018 3:51 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Readying Blockchain Platform for Use in Oil and Gas Industry

Blockchain technology has the potential to transform supply chain management Complex commodity exchanges are traditionally fraught with disputes, driving up costs Exclusive blockchain platform for oil and gas industry under development Adoption of technology seen as necessary by majority of oil and gas executives Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is a Canadian-registered, publicly traded company engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. The company’s proprietary process produces zero greenhouse gas, zero waste and requires no high temperatures. As…

MondayJan 08, 2018 2:27 pm

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Applies Blockchain Technology to Help Solve Oil and Gas Supply Chain Issues

Company offers game-changing, environmentally-friendly proprietary heavy oil processing and extraction technology Company’s proprietary process produces no greenhouse gas or waste, doesn’t require high temperatures and reduces the production cost per barrel Partnered with First Bitcoin Capital to develop and operate PetroBLOQ, the world’s first blockchain-based platform exclusively serving supply chain-related needs within the oil and gas industry Engaged in developing groundbreaking technologies within the energy industry, Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is focused on creating value by developing and implementing proprietary technologies to extract heavy oils from oil sands, oil shale deposits and shallow oil deposits in an…

TuesdayJan 02, 2018 12:46 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Moves to Cut Oil Trade Costs with Blockchain Service

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) has teamed with First Bitcoin Capital Corp. (OTC: BITCF) to develop an enterprise service that will draw on the emerging promise of blockchain technology in reducing the transaction expenses related to doing business in the oil and gas exploration industry. Petroteq announced on Dec. 4 that it was joining the Enterprise Ethereum Alliance, the world’s largest open-source blockchain network. An article discussing this reads: “At present, oil is traded through a diverse network of producers, suppliers, contractors, subcontractors, refiners and retailers in such large volumes that tracking the movement of crude is a Sisyphean…

WednesdayDec 27, 2017 10:31 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) CEO Releases Letter to Shareholders

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, this morning announced the release of a year-end letter to shareholders from chairman and CEO Aleksandr Blyumkin. In the letter, Blyumkin gives a brief history of Petroteq, detailing its evolution from a fuel delivery company to a disruptive player in the energy technology market. He also discusses Petroteq’s recent moves to implement blockchain technology in the energy industry. “[W]e have identified an aspect of the energy industry where [we] believe we can have further impact. It…

ThursdayDec 21, 2017 3:44 pm

Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Blockchain Logistics Platform to Reduce Operating Costs in Oil and Gas

Developing blockchain platform for oil and gas industry Distributed ledger technology to reduce transaction costs Now a member of Enterprise Ethereum Alliance Blockchain deployment is still new, with a world of opportunities for application. Cloud providers are already moving to offer it as an enterprise service (http://dtn.fm/lM2l6). Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is out to disrupt the oil and gas industry with its new blockchain platform for supply chain management. The platform, to be developed in conjunction with First Bitcoin Capital Corp. (OTC: BITCF), holds the promise of drastically reducing operating costs for the industry. At present, oil…

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