Neowin News Feed for: Oil

Google: No more custom AI tools for oil and gas firms

Paul Hill — Wed, 20 May 2020 15:34:01 +0000

Google has stated that it will no longer provide AI tools to oil and gas firms which could facilitate in the discovery and extraction of natural resources which go on to cause global warming. Read more...

Iran is setting the stage for a new cryptocurrency

Paul Hill — Thu, 22 Feb 2018 19:04:01 +0000

The Iranian government could roll out its own cryptocurrency in the future, after recent statements were issued by the country's ICT minister. Iran looks to be following in the steps of Venezuela. Read more...

5.342 billion barrels of oil will back the Petro cryptocurrency

Richard Tyr Blewitt — Fri, 29 Dec 2017 10:08:01 +0000

The Venezuelan government has announced that its new cryptocurrency, the Petro, will be launching in the next few days. The government has dedicated the Ayacucho oil reserve to back the Petro. Read more...

Venezuela's Maduro announces ‘Petro' cryptocurrency

Paul Hill — Mon, 04 Dec 2017 05:48:01 +0000

Citing a need to fight against a US-imposed financial blockade, Venezuela's president has declared that the country will launch its own cryptocurrency backed by the country's natural resources. Read more...

Iranian oil systems hit by cyber-attack

Alfonso Maruccia — Wed, 25 Apr 2012 12:32:19 +0000

Iranian oil infrastructures were hit by a cyber-attack during the last weekend. No permanent damages were done to the affected systems, the authorities say. Read more...

Kickstarter Week in Review: Animation, oil check, and iPhone music

Christopher White — Mon, 11 Apr 2011 05:29:47 +0000

Kickstarter is a site that gives people with product ideas a place to pitch their offerings to people who want to donate to their cause. While donators aren’t investing in the idea, they are given... Read more...

Oil and Gas corporations targeted by hackers

Ross Dundas — Thu, 10 Feb 2011 20:52:48 +0000

A report by security firm McAfee has revealed some rather worrying trends in recent years of the increasing volume of cyber attacks that are occurring in the oil and gas sector. Through good old fashioned... Read more...