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BlockFuel Energy Acquires Oklahoma Assets, Partners with Greenbelt Industries in UAE

NATURAL GAS

BlockFuel Energy has acquired oil and gas assets in Oklahoma for $12.5 million, bolstering its energy-backed digital infrastructure, while a merger with Innovation Beverage Group is anticipated to finalize by Q1 2026. Additionally, BlockFuel has partnered with Greenbelt Industries to establish a digital asset mining facility in Sharjah, UAE, with ownership divided 50.75% to Greenbelt and 49.25% to BlockFuel, and initial oil sales have commenced. Plans are also in place to integrate natural gas power generation with the mining operations.

BlockFuel Energy Acquires Oklahoma Assets, Partners with Greenbelt Industries in UAE
Jan 22, 2026, 6:00 AM

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