News with the tag "Petrobras"

One of the largest and most profitable oil companies in Brazil, Petrobras, is launching a new R&D project focused on blockchain and bitcoin mining. This bold project focuses on using blockchain technology throughout Petrobras’ operations. The goal is to improve efficiency and reduce carbon impact. T...

Brazil’s state-owned oil giant Petrobras is reportedly venturing into Bitcoin mining and tokenization as part of its upcoming research and development (R&D) initiatives . This announcement comes via Matthew Sigel , director of digital asset research at VanEck , who shared the news on X (formerly Twi...

Brazilian President Luiz Inacio ‘Lula’ da Silva has announced that state oil company Petrobras will not be using US dollar-based international prices to set its internal fuel pricing structure. The “Brazilianization” of the industry determines discounts for distributors, with prices now being determ...