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bumblerhizal · 1 year

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Hi hi hi hello, coming in with number 7 (party/museum/wedding) for the FMK alts, for Novhen, Shale, and Morrigan :D

Oh wow! You cannot take Shale to any of those! I feel like the party might be the least disastrous option. I'm not much of a partygoer myself, so when she inevitably starts a scene, it'll be a convenient way to excuse myself and leave before i robbed of every morsel of energy i went in with. If the party has a grind pit, she might just leave in disgust immediately, but hey! Saves me from that shit!

And i really, really want to take Novhen to a museum, but Morrigan seems too risky a +1 for a wedding. So Morri to the museum it is! It could be interesting. I'm not really sure if she'd like my favorite exhibits, but i have a healthy enough love of art and history to get excited about whatever she shows interest in. I'd bet she'd take great pleasure in finding an exhibit, scoffing, and then tearing apart what blatant propaganda it is. Shit, is this museum in Thedas or our world? Either way, i'm sure one of use will have plenty to say

Really, Novhen was always the only sane choice for a wedding. He can be polite and knows (and cares!) how to not embarrass everyone, and he's been to so many weddings at this point, he knows the whole song and dance. It'll be only an hour into the reception, and he'll already have the drunkenly spilled secrets of every extended family member and invitations to 3 recitals. The bus ride home will be absolutely dripping with gossip

[Ask Game]

#askbox #anna-the-great-and-terrible #ask game #novhen tabris #limiting factor shale <3 #anyway is it obvious i haven't been to an actual party since high school #and even then it was school-sponsored! it was the fucking homecoming dance!#but i'm just too autistic for that shit also there's the plague #anyway novhen's gonna go mope in the corner now because i won't take him to a history museum #oh sorry #*brood #but he's the only one i trust to not totally fuck up a wedding #and in dnd terms he's definitely the only one that doesn't have a negative charisma modifier #actually wait i made dnd sheets for him for fun once let me report some numbers #lv3 16 CHA / +7 deception / +5 persuasion #lv20 20 CHA / +17 deception / +17 persuasion #wish i remembered how i got it that high but i don't care to look through all the features and such i wrote down to find out #also for funsies his stealth is +8 at lv3 and +17 at lv20 and his reliable talent so at lv20 the lowest he can get (ignoring nat1) is 27 #for context the dms guide recommends a dc of 25 for 'very hard' challenges and 30 for 'nearly impossible' challenges #i love rogues man

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john-victorready4 · 8 months

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Unlocking the Secrets of Petroleum Source Rocks: A Comprehensive Guide

In the world of geology and petroleum exploration, there exists a crucial component that often goes unnoticed, yet it plays a pivotal role in the formation of one of our most valuable resources – petroleum. These hidden gems are known as petroleum source rocks. In this article, we will embark on a journey to uncover the mysteries behind petroleum source rocks, exploring their formation, significance, and impact on the oil and gas industry.

1. Introduction to Petroleum Source Rocks

Petroleum source rocks are the unsung heroes of the oil and gas industry. These are the rocks from which hydrocarbons originate, making them a fundamental piece of the petroleum puzzle. Without source rocks, the world's oil reservoirs would remain empty.

2. The Formation Process

Understanding the formation process of source rocks is essential. They develop from the accumulation of organic material over millions of years, typically in oxygen-deprived environments such as deep sea beds.

3. Types of Petroleum Source Rocks

3.1 Organic-Rich Shales

Organic-rich shales are among the most common source rocks. Their fine-grained texture and high organic content make them ideal for hydrocarbon generation.

3.2 Carbonate Rocks

Although less common, carbonate rocks like limestone can also act as source rocks. They contain organic matter and can undergo the necessary transformations to generate hydrocarbons.

4. The Role of Source Rocks in Petroleum Formation

Source rocks play a crucial role in petroleum formation. They act as the kitchen where hydrocarbons are slowly cooked and expelled, eventually migrating to reservoir rocks.

5. Geological Factors Influencing Source Rock Quality

Several geological factors impact source rock quality. These include the type of organic matter, burial depth, temperature, and pressure. Understanding these factors is vital for successful exploration.

6. Exploration Techniques

6.1 Seismic Surveys

Seismic surveys are a primary tool for locating potential source rocks. They use sound waves to create images of subsurface rock layers, helping identify potential petroleum-rich areas.

6.2 Geochemical Analysis

Geochemical analysis involves studying rock samples for organic content and maturity. This method provides valuable data about a rock's potential to generate hydrocarbons.

7. Worldwide Source Rock Hotspots

Source rocks are not evenly distributed across the globe. Some regions are rich in these rocks, while others have minimal deposits. Understanding source rock hotspots is vital for exploration companies.

8. Environmental Concerns

As the demand for petroleum continues to rise, so do environmental concerns. The extraction of hydrocarbons from source rocks can have significant environmental impacts, raising questions about sustainability.

9. Future Prospects

Despite environmental challenges, the oil and gas industry continues to depend on source rocks for its survival. Advances in technology and a growing emphasis on sustainability may shape the future of source rock exploration.

10. Conclusion

Petroleum source rocks are the hidden reservoirs of our energy-dependent world. They hold the key to our energy future, and understanding them is crucial for sustainable resource management.

Frequently Asked Questions

What is the primary role of petroleum source rocks?

Source rocks are responsible for generating and expelling hydrocarbons, which eventually accumulate in reservoir rocks.

How do geological factors influence source rock quality?

Geological factors like burial depth, temperature, and pressure determine the quality and potential of source rocks to generate hydrocarbons.

Are source rocks evenly distributed worldwide?

No, source rocks are not evenly distributed. Some regions have abundant source rocks, while others have limited deposits.

What are the environmental concerns associated with source rock extraction?

Extracting hydrocarbons from source rocks can lead to environmental issues, including habitat disruption and greenhouse gas emissions.

What does the future hold for source rock exploration?

The future of source rock exploration may involve advanced technologies and increased focus on sustainable practices to minimize environmental impacts.

In conclusion, petroleum source rocks may remain hidden beneath the Earth's surface, but their significance in fueling our world is undeniable. As we continue to explore and extract these valuable resources, striking a balance between energy needs and environmental preservation will be the key to a sustainable future.

#petroleum source rocks #geological prospecting and exploration

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cmipooja · 8 months

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Global Crude Transportation Market Is Estimated To Witness High Growth Owing To Increasing Oil and Gas Exploration Activities

The global crude transportation market is estimated to be valued at US$ 21.58 billion in 2023 and is expected to exhibit a CAGR of 6% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. The market is driven by the increasing oil and gas exploration activities, which require efficient transportation of crude oil from production sites to refineries. Market Overview: The crude transportation market involves the transportation of crude oil through various modes such as pipelines, tankers, and railcars. It plays a crucial role in ensuring the smooth flow of crude oil from production fields to refineries, where it is processed and converted into usable products such as gasoline, diesel, and jet fuel. The demand for crude oil is constantly increasing due to the growing population, urbanization, and industrialization, making efficient transportation a necessity. Market Key Trends: One key trend driving the growth of the crude transportation market is the increased use of pipelines. Pipelines are considered the most efficient and cost-effective mode of transporting crude oil over long distances. They offer several advantages, including higher capacity, lower operating costs, and reduced environmental impact compared to other modes of transportation. For example, the Keystone Pipeline system in North America has a capacity of transporting over 590,000 barrels of crude oil per day. PEST Analysis: Political: The political factors influencing the crude transportation market include government regulations and policies related to energy security, environmental protection, and infrastructure development. For instance, the approval or rejection of major pipeline projects often depends on political factors and public sentiment. Economic: Economic factors such as oil prices, market demand, and economic growth influence the demand for crude transportation services. Higher oil prices incentivize increased production, leading to higher demand for transportation services. Social: Social factors such as growing energy consumption, rising population, and changing consumer preferences impact the crude transportation market. The increasing demand for petroleum products from various industries and households drives the need for efficient transportation. Technological: Technological advancements have significantly improved the efficiency and safety of crude transportation. For example, advanced pipeline monitoring systems and leak detection technologies help prevent accidents and minimize environmental impacts. Key Takeaways: 1: The Global Crude Transportation Market Size is expected to witness high growth, exhibiting a CAGR of 6% over the forecast period. This growth can be attributed to increasing oil and gas exploration activities, which drive the demand for efficient transportation solutions. 2: In terms of regional analysis, North America is expected to be the fastest-growing and dominating region in the crude transportation market. The region has a well-developed pipeline infrastructure and is a major producer of crude oil. Furthermore, the shale oil boom in the United States has contributed to the increased demand for crude transportation services. 3: Key players operating in the global crude transportation market include ExxonMobil Corporation, Royal Dutch Shell, Chevron Corporation, BP plc, TotalEnergies SE, ConocoPhillips, China National Petroleum Corporation, Saudi Aramco, Rosneft Oil Company, Valero Energy Corporation, Phillips 66, Marathon Petroleum Corporation, PetroChina Company Limited, Kinder Morgan Inc., and Enbridge Inc. These players are focused on expanding their pipeline networks, investing in advanced technologies, and improving operational efficiency to meet the growing demand for crude transportation.

#Crude Transportation Market #Crude Transportation Market Insights #Crude Transportation Market Demand #Crude Transportation Market Forecast #Crude Transportation Market Analysis #Crude Transportation #pipelines #oil tankers #transportation #power generation #coherent market insights

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pranalipawarshinde · 8 months

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Fracking Chemicals and Fluids Market is driven by the need for energy independence | Dupont, Clariant, Weatherford, Akzo Nobel N.V., Calfrac, and Albermarle

Fracking chemicals and fluids are used in the hydraulic fracturing process to help extract natural gas and oil from shale formations deep underground. The fluid is injected into the shale at high pressure, which fractures the rock and allows the gas and oil to flow out.

Report Overview-https://www.globalinsightservices.com/reports/fracking-chemicals-and-fluids-market

The main component of fracking fluid is water, but it also contains sand or other proppants to keep the fractures open, and chemicals to reduce friction, prevent corrosion, and kill bacteria. The exact mix of chemicals depends on the type of shale being drilled, the depth of the well, and other factors.

Covid-19 Impact

The COVID-19 pandemic has impacted the fracking chemicals and fluids industry in a number of ways. Firstly, the demand for fracking chemicals and fluids has decreased significantly as a result of the pandemic, as the oil and gas industry has been hit hard by the decrease in demand for fossil fuels. This has led to a decrease in revenue for companies in the fracking chemicals and fluids industry. Secondly, the pandemic has also led to an increase in costs for companies in the industry, as they have had to implement new safety measures to protect their employees from the virus. Finally, the pandemic has also led to a number of companies in the industry to go out of business.

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Key Trends

Over the past decade, the fracking industry has rapidly expanded, and new technologies have been developed to make the process more efficient. One of the key trends in fracking technology is the use of new chemicals and fluids. Some of the most common chemicals used in fracking fluids include acrylamide, benzene, ethylene glycol, and formaldehyde. These chemicals can be toxic to humans and the environment, and they can leach into groundwater supplies.In recent years, there has been a trend toward using more green fracking fluids. These fluids are made with less toxic

chemicals and are less likely to contaminate groundwater. Some companies are even using recycled wastewater from other industrial processes.

Another trend in fracking technology is the use of new drilling techniques. Horizontal drilling, for example, allows for longer wells and more efficient extraction of natural gas and oil.

Key Drivers

The Fracking Chemicals and Fluids market is driven by the need for energy independence and the desire to tap into previously inaccessible reserves of oil and natural gas.

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The use of fracking has dramatically increased in recent years, as advances in technology have made it possible to access previously uneconomical reserves of oil and gas. The United States is now the world’s leading producer of natural gas, thanks in large part to fracking. The increased production has led to lower prices and increased energy independence, but it has also raised concerns about the environmental impact of the chemicals used in the fracking process.

Restraints & Challenges

The challenges in the fracking chemicals and fluids market are:

1) Lack of disclosure of chemicals used: There is a lack of transparency around the chemicals used in fracking, which makes it difficult for the public to know what risks they may be exposed to.

2) Potential for contamination: There is a potential for the chemicals used in fracking to contaminate water supplies and air, which can pose risks to human health and the environment.

3) Limited data on health effects: There is limited data on the health effects of exposure to fracking chemicals, making it difficult to assess the risks.

4) Water use: The large volumes of water used in fracking could strain water resources in areas where it is taking place.

5) Wastewater treatment: The wastewater produced by fracking must be properly treated before it can be released into the environment, which can be challenging.

Market Segments

The fracking chemicals and fluids market is segmented by fluids, well type, function type, and region. By fluids, the market is divided into water-based, foam-based, and oil-based. By well type, the market is bifurcated into horizontal, and vertical. By function type, the market is classified into acid, surfactant, gelling agent, cross linker, beaker, corrosion inhibitor, and clay control/stabilizer. By region, the market is classified into North America, Europe, Asia-Pacific, and rest of the world.

Key Players

The global fracking chemicals and fluids market report includes players such as Halliburton, Schlumberger, Baker Hughes, BASF, Dupont, Clariant, Weatherford, Akzo Nobel N.V., Calfrac, and Albermarle

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philomathresearch · 1 year

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Oil Inflation and Global Economic Impact

Oil prices have increased to nearly $ 100 per barrel which is good for the economic recovery after post lockdown due to the covid –19. As the world is recovering and the economy is growing so there is demand for the oil is also rising. Moreover, due to the rising of geopolitical tensions between the Ukraine and Russia and in the middle east countries which are showing fear to cutoff the oil supply for the world.

Petroleum-based products are a significant source of our country’s GDP. In fact, petroleum accounts for about 3% of GDP and is a huge revenue generator for the Florida economy because petroleum products can be found in almost everything from rubber gloves to chemicals, clothing, plastic wraps and even packaged foods like aspirin all the way down to the fuel we use, even solar panels drew their inspiration from crude oil and gas – this is because oil and gas forms naturally over millions of years from decayed remains and dead things which are under extreme amounts of pressure due to being beneath layers of hard rock.

Oil is used as raw commodity in many good such as:

Jet fuel

Plastics

Petro chemicals

Propane cooking gas

Asphalt

So, if the oil price rise, then eventually the price of these good will also increase.

Mostly oil is used in transportation, if the price is raised then the goods transported by it eventually must face the rise in the price for transportation which will faced indirectly by the consumer itself.

Rising oil prices

Now, oil is priced at nearly $100 a barrel. Why do oil prices fluctuate so much and what has caused this rise?

In the ever-changing market, no one really has a crystal ball. But there are some key things that will stay constant like change and volatility in the oil market. So, it is probably safe to say that there are three key underlying reasons:

1. Investing cycles are long and capital allocations are conservative, resulting in a limited oil supply

As the price of oil increases, the supply fluctuates. OPEC has brought on additional production slowly to calm the price hike, but they also have limited back-up capacity left and are probably anxious not to overproduce again. Beyond back up capacity, there is not much more that can be done as it takes many years to build up a new infrastructure – some sources require 10 years or more of investment before they’re able to start producing. There are unconventional sources of oil that could possibly help to quench the demand for fuel (like shale oil) but the fact that these are so heavily in demand means that prices will only rise further.

Moreover, all producers are cautious in allocating capital. First, they learned their lessons from an oversupplied market when oil prices dropped to minus $40 a barrel. Second, perhaps even more importantly, some producers maintain that there is strong pressure on the industry not to develop new fields, to hold or decrease investment in maintaining and growing production and to divert the capital towards greener investments instead.

2. Tensions in geopolitics

Geopolitical tensions between Russia and Ukraine and increased instability in the Middle East add to oil market nervousness.

3. Oil demand is soaring because of booming economic growth

When COVID-19 started two years ago, there was a steep decline in global economics. This plunged some oil production rates and significantly limited the ability of producers to adjust their output levels. Since there is only so much that can be reduced without destroying reservoirs or drilling capabilities, storage space itself is also limited. Not to mention that the market was uncertain as to how bad the economic crisis would become and when it would end, compounding factors which drove oil prices down to the lowest bracket seen since the 1970s. At one point oil even dropped dramatically slashing costs by $40 per barrel!

This difficult period lasted for at least five months; in other words it would be about one year overall. It was followed by an economic rebound and a surprising drive for oil and oil products. It is estimated that maybe these things are back to what they were before the pandemic, or almost. In other words, more than ever before. I remember when the pandemic started, there were high expectations that climate change will cause similar energy consumption changes as they did during SARS crisis when people basically had shut down the whole world’s economy to prevent the spread of virus. Indeed, it materialized and overall consumption dropped several percent in 2020. But these gains were short lived, and today it is estimated that potentially higher than what it was before the pandemic after all – particularly carbon dioxide emissions.

What is the effect of oil price increases on inflation and how does it affect the global economy?

Oil is 3% of global GDP. So, if 3% of global GDP was twice as expensive tomorrow, clearly, this would have an impact on inflation. But I don’t think it’s a major driver for inflation when it comes to oil specifically.

In that context, rising oil prices will not be the biggest factor when it comes to inflation, but it is still important. Why? Because oil is basically in so many things, so an increase in price doesn’t impact the volume of goods and services like it does with regular products because most things we use on a daily basis are either oil based or are vastly improved by oil based products even if there may be small traces of it hidden around. Which brings us to the point – an increase in oil prices won’t just affect gas prices at gas stations; it’ll be felt virtually everywhere from grocery stores to restaurants and more! With, how can one prepare for inflation?

Relation of consumers and the oil price.

Let’s talk about the price of oil. As a rule, roughly 40-50% of consumers’ money is spent on government taxation when they buy gas for their cars. There are two important points that come with this figure: firstly, every ¤1.50 spent on a litre (that’s just under $3) goes to the supplier and ¤0.30 goes to various global governments; secondly, importing countries like the EU make more from taxing oil than exporting countries from sales! Our service provides the most up-to-date research concerning rising fuel costs along with market analysis detailing who the biggest importers and exporters are for this resource so that you can be in the know about how you can save money along with other relevant data using our product or service!

Oil prices play an important role in determining inflation. A very high rise in prices of oil will affect higher inflation other than it is more dependent on other factors as well –rate of growth, wage growth, spare capacity in the economy.

Impact on oil importers and exporters.

As a result of high oil prices, importers are faced with a challenge, while exporters are benefited. There is really no win-win situation here. Profits are distributed between countries producing and consuming oil because of price changes.

Orderly energy transition

Do rising oil prices create a market for renewables as people seek climate-friendly alternatives?

High oil prices might have a positive impact on the economics of alternative transportation technologies but not necessarily directly equate to increased demand for renewable energy. The economy in general is typically capable of adapting in the face of high commodity prices and this can happen with or without demand flowing positively into alternative solutions for fossil fuel dependence. Consider that as an option for driving down your company’s motor vehicle costs, you may dedicate yourself to adhere to using plug-in electric vehicles, but if your personal goal is really to offset costs from less reliance upon imports of crude oil refined products then spending on your own electrical generation infrastructure as a solution might seem like a much more realistic option.

Well, as they say, you get what you pay for… Cheap oil has been a boon to consumers, but it’s also meant that oil companies have done less exploration over the last few years. This is likely a contributing factor to why EV battery costs have not yet fallen fast enough to make EVs cheaper overall than traditional ICE vehicles. Because there hasn’t been much risk, it’s unlikely we’ll see big, mispriced opportunities in the energy markets around batteries for a while at least. This means there could be more volatility in battery pricing and will certainly limit the opportunity set and potential pie-size for investors into future innovations in sustainable mobility when compared with alternatives during this period of excess capital chasing too few large investment ideas on alternative energy storage solutions.

Conclusion

We hope you enjoyed our article about oil and the energy markets! We are always excited when one of our posts can provide useful information on a topic like this. If you have any other questions or concerns about the energy markets, please contact us anytime at www.philomathresearch.com. Thank you for reading, we are always excited when one of our posts can provide useful information on a topic like this!

#market research #oil inflation

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mbdailynews · 2 years

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Natural Gas Is Hyper-Inflating in Europe. Here’s Why It Won’t in the U.S.

Natural-gas prices soared 35% in Europe over the weekend, as Russia cut off flows from a key pipeline. It’s now more than five times as expensive there as it was a year ago. In the U.S., however, natural-gas prices have held steady in recent weeks, and even fell on Tuesday. Natural gas is expensive in the U.S.—it’s up 78% in the past year—but not nearly as much as it is in Europe. That divergence is likely to shelter Americans from some of the worst of the energy crisis. The U.S. is the largest producer of natural gas in the world, and it happened almost by accident. Natural gas is a byproduct of oil production. When U.S. companies started using techniques to extract oil from shale formations, those activities also unlocked enormous supplies of natural gas. Producers have a limited capacity to export that gas to other countries as liquefied natural gas (LNG). Doing so is expensive and involves sophisticated equipment that transports, freezes, and liquefies the gas. Buy The New York Times + Wall Street Journal Combo 5 Years for $89 The U.S. has increased how much gas it sends overseas this year but still exports just 20% of total supplies. Americans benefit because they don’t have to compete with buyers in other parts of the world. By comparison, the U.S. exports about as much oil as it imports, leaving the country much more exposed to the gyrations of the global oil market. None of this is to say that U.S. natural gas is cheap. Now trading around $9 per million British thermal units, it’s at 14-year highs and has tripled since the start of 2021. However, Americans are still getting a relative discount to the rest of the world, and that’s likely to be the difference between energy inflation and hyperinflation. European natural gas traded as high as $100 per million British thermal units at some terminals last week, while U.S. prices have topped out just below $10. Natural gas is used for electricity and home heating, and to power industrial plants such as those that make steel or fertilizers. Higher costs will pinch U.S. consumers. U.S. electricity prices are likely to go up 6% this year and another 3% next year, according to government projections. In parts of Europe, power bills could triple on an annualized basis by early next year, Goldman Sachs analysts predicted. Subscribe to The New York Times Digital for 3 Years $69 U.S. natural-gas prices have been weighed down by another factor in the past couple of months. A fire at a key LNG processing and shipping facility in Texas in June has hampered the ability of the U.S. to export gas. That facility processes 15% of the LNG that the U.S. sends abroad, and it’s not likely to be back on line until November. With less export capacity available, more U.S. natural gas will have to stay in the country, which should widen the discount that U.S. consumers receive. Read the full article

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valuentumbrian · 3 years

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Bull Market On!

Image Source: Mike Cohen.

By Brian Nelson, CFA

It’s very hard not to be bullish on the stock market these days. The prudence exercised by many of the largest companies in the S&P 500 remains unprecedented, in our view. Some of the best companies out there have tremendous balance sheets, as evidenced by huge net cash positions. Perhaps two of our favorite companies, Microsoft (MSFT) and Facebook (FB) are the best examples of this, but Apple (AAPL) still retains quite the large net cash hoard as it works to net-cash breakeven.

As we look at the next couple years, most investors will continue to focus on the Fed. We’ve seen this song and dance following the Great Financial Crisis (GFC) that wreaked havoc on the markets between 2007-2009. Many believed that the markets would have a Fed-induced crisis that would obliterate stocks after the GFC as they tapered and withdrew stimulus, but the Fed executed flawlessly. The bears seized on a municipal bond crisis, and a European debt crisis, but we still had one of the strongest bull markets in history following the Great Financial Crisis -- a bull market that ran through the onset of the COVID-19 outbreak.

Here we are just 16-18 months after the first case of COVID-19 was announced in the United States, and we are not just at new highs in the stock market--but we’ve already made many of them! The “old school” analysis with respect to drawdowns and withdrawals no longer holds in this hyper-intensive, information-driven economy, in our view, where 3-4 years’ worth of price behavior is experienced in 3-4 months. Those pursuing annual withdrawals in retirement in January, for example, didn’t experience any impact from the market meltdown, as January 2021 saw a market much higher than January 2020, despite the most abrupt fall in market history. Bear markets in the future may be even shorter than the 11.3 month historical average, too. The COVID-19 bear market was just 1.1 months.

We crunched the numbers, and a 60/40 stock/bond indexed and rebalanced portfolio has now trailed active stock selection, as measured by the S&P 500 Sector SPDR (SPY) as the midpoint, by 130 percentage points the past 10 years. The 60/40 stock/bond indexed and rebalanced portfolio failed at what it was supposed to do, too. During the worst of the COVID-19 stock market swoon, the 60/40 stock/bond indexed and rebalanced portfolio saved just 8 percentage points versus a full allocation to the largest U.S. equities. From our perspective, it has become hard to justify the 60/40 stock/bond indexed and rebalanced portfolio given its high correlation to equities, the vast underperformance during lengthy bull markets, and the short duration of bear markets when it comes to periodic withdrawals.

The arguments against active stock selection have vanished, in our view. The vast underperformance of the 60/40 stock/bond portfolio over a 10-year and even 30-year stretch relative to a diversified S&P 500 portfolio may be the biggest reason. Not only has modern portfolio theory (MPT) failed in this respect, but quant finance has also dropped the ball in other areas. The huge underperformance of the small value factor during the past decade has shown that it is a fool’s errand to believe that past performance is prologue. The entire basis of quant research can be readily dismissed by the most common disclaimer in this industry warning about past analysis not being prologue, and yet, many continue to fall for the nonsense. Stay away from quant conclusions until they start factoring forward-looking expectations into their processes.

The best of times with respect to cryptocurrency may very well be behind us as well. The alternative asset market isn’t as strong as it was in the beginning of this year, and Bitcoin (GBTC) and other cryptocurrencies have followed suit. A few cryptocurrencies have even zeroed out, and this is the true risk faced by anybody seeking the merits of modern portfolio theory with a small crypto allocation. An asset must have intrinsic value and go up in the long run for MPT to hold merit, meaning that you need a better model than just mashing historically uncorrelated assets together. The model we use at Valuentum is the discounted cash flow model, or enterprise valuation. We then seek to diversify among the most undervalued assets that have strong market backing via technical and momentum indicators.

Inflation is the talk of Wall Street the past few months, but we’ve seen a pullback in some of the prices that have surged. The housing market remains resilient, but lumber prices have come in quite a bit. The auto industry is working past the semiconductor shortage, and the huge ramp in used car sales may now be behind us. Crude oil and gasoline prices have increased materially, but the abundance of shale oil should keep a tight lid on long-term crude oil price expansion. Unlike OPEC, the U.S. government can’t limit production in a free economy, and the invisible hand will act as the counterbalance to high energy prices in time. We like stocks in an inflationary environment, and we love big cap tech and large cap growth in any environment.

Many are expecting net-cash rich corporates to start funneling some of their huge cash positions into the equity markets, and we don’t think they’ll be getting too complicated with their strategies. Share buybacks will be one avenue that they’ll use to deploy the capital, but many will also seek to allocate capital to the broader S&P 500, in our view. Money market funds have surged as a result of government stimulus since the COVID-19 meltdown (there is over $4.5 trillion just sitting in money market funds according to Bloomberg, more than at the peak of the GFC), and there may be hundreds of billions of dollars ready to enter the stock market in the next 6 months alone. Corporations are cash rich, and bond yields are paltry.

Buying demand for equities could set off a huge advance in stock prices, in our view, and the Fed may be fine with this as they were during the 10-year period following the GFC. We hardly experienced any meaningful inflation after the GFC either, but stock prices soared. In many ways, we’re expecting a replay of the 2010s (last decade) in the 2020s (this decade), and the next 10 years may very well be a replay of the Roarin’ 20s, a theme we have repeated before. We expect advisors and asset allocators to buy equities at almost every market dip, and we believe the Fed will support the markets in the event of even modest price weakness. These are unprecedented times, and that means the Fed will remain vigilant in support of equity prices.

Our favorite ideas remain in the newsletter portfolios, and as we noted before, Alphabet and Facebook have been lights-out with their relative price performance so far in 2021. The Valuentum Buying Index (VBI) has also showed its efficacy of late, with Facebook and Korn Ferry (KFY), two of the top ratings on the VBI, soaring. Facebook was a huge gift a couple years ago (in 2018) when it dipped below $150 per share. The market couldn’t have been more wrong on shares, and the stock has now more than doubled since then, trading north of $340 per share of late. Facebook has registered more 10s on the VBI than any other company in our coverage.

Though the meme-stock frenzy has been annoying and reveals the fragility of market structure as it relates to price-agnostic trading, the bias to the markets remains upward, in our view. Meme stock traders are long, advisors and asset allocators are pumping their clients’ money into the stock market on every dip, the short sellers have their backs against the wall, the Fed and Treasury aren’t going to go away, and more stimulus in the form of an infrastructure bill may serve to pad the bottom line of many in the energy and industrial sectors--the weakest sectors in recent years. The markets could go up for a long time yet, and we remain very bullish.

In the Dividend Growth Newsletter portfolio, we’re adding a 5-7% weight in ExxonMobil (XOM) and a 4-6% weighting in Chevron (CVX). In the Best Ideas Newsletter portfolio, we’re adding a 4-6% weighting in ExxonMobil and a 3-5% weighting in Chevron. We like their respective dividend yields, and the strengthening energy markets have only made their future free cash flow prospects better. See here. These changes will be reflected in the next editions of the newsletters, the July edition of the Dividend Growth Newsletter to be released Thursday, July 1, and the July edition of the Best Ideas Newsletter to be released July 15. Due to the July 4th holiday weekend, the July edition of the Exclusive publication will be released Saturday, July 10.

The Best Ideas Newsletter portfolio >>

The Dividend Growth Newsletter portfolio >>

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Brian Nelson owns shares in SPY, SCHG, QQQ, DIA, VOT, and IWM. Brian Nelson's household owns shares in HON, DIS, HAS. Some of the other securities written about in this article may be included in Valuentum's simulated newsletter portfolios. Contact Valuentum for more information about its editorial policies.

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gryphons-of-aentha · 4 years

Text

The Approximate Plotline of the Gryphonverse (pt. 3)

This is the part where everything gets very weird, jarringly fast. I suspect there must be a way to rework some of this to make it cohesive enough with the first two parts to compile it into one story, but for now I’m afraid we’re stuck with massive, strangely meta genre whiplash.

it also becomes more apparent that the reason all this coincides with Earth dates in real time is that I’ve been making a lot of this up as I go for over ten years now.

So Kyran, and shortly thereafter Iadra, who chased him through the portal, suddenly find themselves on Earth circa 2008. Or rather an alternate timeline Earth that was created when some human teenagers with a basement laboratory, and an interdimensional being badly disguised as a talking dog, accidentally tore a hole in reality, which is what Kyran’s hastily-made portal led through. The humans (and space dog) quickly become entangled in the gryphons’ conflicts as it becomes apparent that the connection between their worlds isn’t going away on its own and none of them know how to close it. A couple years and several shenanigans later (during which Talon and Iadra have reunited and befriended the humans and dog-alien, and Kyran has made enemies of them), Aentha and Earth remain strangely linked and everyone starts to notice signs of something strange at work.

(it’s here that I should mention that the humans, in the original series of short stories I wrote documenting this when I was fifteen, were pretty much self inserts of me and my brother for shits and giggles/stand-ins. Due to conflicts with certain potential subplots that have cropped up that I want to use, this is no longer canon, but it means the Wielder is currently not much more than an empty character slot because I haven’t figured out how I actually want to approach him as a character, aka I am trapped in Jonathan Sims purgatory and don’t know how to get out. So aside from things he definitely does because it’s required to progress the plot, there’s basically a conspicuous void there right now. also the sword was originally called the Ancient Katana™ [the ™ is somehow pronounced but nobody can figure out why or how, and speaking the full name causes the lights to flicker even while outdoors] because I was making fun of all the stupid and sometimes kind of racist tropes that crop up with chosen one narratives, but these days I’m not sure where that falls on the line between “making fun of a dumb racist trope” and “just being racist” so I’m shelving that until I get some second opinions on that one)

Unbeknownst to anyone, larger forces are at play in this pseudo-Earth: an entity similar in nature to the Powers of Darkness, but that feeds on narrative tropes rather than suffering and is substantially more powerful, was drawn by the first Rift created by the humans, and has been manipulating events on Earth in order to trap everyone in a repeating narrative that provides it with a consistent energy source. This comes to a head when one of the humans accidentally becomes some kind of Chosen One known as the Wielder (according to the space dog, who is the only one versed in this stuff) by finding a magic sword that can manipulate both interdimensional energy and narrative tropes (among other things). Kyran, meanwhile, has been looking for this sword, because during some events that tore the Fourth Wall (an actual thing in this story) he realized that he’s been cast as the villain in whatever story they’re all stuck in and therefore can never actually win, which he’s becoming increasingly desperate to do since he’s now back in debt with the Powers of Darkness and needs to resolve this situation and focus his attention back on Aentha and overthrowing Shale. The sword can potentially solve both of these problems, and also make him immensely powerful. With the Entity still manipulating everything, this leads to him inadvertently becoming the Wielder’s arch nemesis but gets him no closer to actually claiming the sword.

Eventually Kyran manages to break reality enough to force a confrontation with the Wielder on neutral ground where the Entity’s narrative won’t prevent him from winning, but due to some unforeseen external factors fails again, and gets his soul bound to the sword. This essentially traps him in a pocket dimension unless summoned by the Wielder and renders him physically unable to cause any actual harm to the Wielder or his allies. On the plus side, the Powers of Darkness can no longer reach Kyran, so as long as he’s bound to the sword and by extension the Entity, he’s safe from any consequences he’s racked up. Incidentally, it also cuts off the by-then-considerable hold the Powers of Darkness had over his mind. No longer clouded by the influence of a malevolent multiconsciousness and with not much to do while trapped in the void, he engages in some actual self reflection for the first time in his life and isn’t thrilled with the conclusion (this by no means makes him instantly a better person, but it does gradually lessen the degree to which he’s an abject asshole). He also discovers that due to his gryphonic heritage, he has a limited amount of control and mobility in interdimensional space (though the sword prevents him from going to any physical dimension) and he finds his way to a gryphonic ruin that seems to have once been part of either a temple or a library, and discovers more about gryphonic history than any Aenthian gryphon ever has. The Wielder mainly leaves him to his own devices in there, since they’re still enemies but at this point there’s not much either of them can really do to the other, and while the sword’s power to bind some beings is intended as a kind of familiar mechanic, Kyran is really not the kind of bound creature to be anything but a belligerent hindrance if summoned. Also every time they interact it tends to end with someone getting stabbed.

The destruction Kyran caused in his bid for the sword, meanwhile, created a schism that broke all known gateways between Earth and Aentha, trapping Talon and Iadra back in their own world. Not knowing what happened to the humans or Kyran, and with no way to find out, they mainly just go back to their lives, now living almost entirely on the outskirts, since things between Andolia and the neighboring gryphons are still getting worse. After a year or two they have a son, who they name Iadros (gryphonic tradition is to name the firstborn cub after the mother regardless of the cub’s gender) and mainly stay occupied with that until the political situation gets dangerous enough for the gryphons that they start to consider ways to access Earth again, with the idea that maybe the Wielder’s Chosen One status would help them solve the whole mess, but at the very least to get Iadros out of harm’s way while he grows up.

About five years after the schism was created, circa 2017, they finally find a way back, unknowingly thanks again to gryphons being powerful interdimensional beings who created a number of their own pathways and pocket dimensions between worlds. As it turns out, things have been developing on the Earth side as well. Kyran and the Wielder have, if not become friends, at least reached a kind of truce, since it turns out when rendered unable to be an evil warlock Kyran’s default state is “Genealogy Aunt but make it goth,” and he’s trying to track down the lost origin world of gryphons, partly for something to do while he’s been trapped in a pocket dimension for five years and partly out of the newfound desire to do something non-destructive for once. It’s almost less of a redemption arc than a quarter-life crisis that happens to lead in a positive direction. Anyway, he needed the Wielder and the sword in order to travel to other worlds on the trail of this lost dimension, and has at least agreed to not stab anyone with letter openers in exchange. Probably helps that they’ve all gone from a gaggle of cosmically-overpowered teenagers to slightly more emotionally mature cosmically-overpowered twenty-somethings.

After some time of this, during which more monster-of-the-week things happen in the course of this ultimately fruitless search for the lost world, it becomes apparent that Kyran probably isn’t interested in killing them all anymore and the Wielder offers to free him from the sword (this will not reattach his soul to his body; his soul currently resides in a crystal from which it can’t be unbound, but giving the crystal to him will separate his will from the sword and the Wielder and he’ll be able to travel around physical reality on his own again). He refuses, knowing that both the Powers of Darkness are probably looking for him at this point and the Entity has a vested interest in him remaining the villain, and he’s very certain that he doesn’t have the willpower or actual power to fight them off and they’d end up back at square one. Especially since the whole soul-trapped-in-a-crystal thing makes him vulnerable to specifically that kind of danger. As long as he remains bound to the sword, the Powers of Darkness can’t get to him to call in his significant debt, and the Entity can’t do anything because technically he’s still the villain of the story and is being forced by the sword’s power to not fight the Wielder. Technically. This was the point where I awkwardly realized I’d accidentally set up a perfect gay enemies-to-lovers plot and had to completely rethink the Wielder as a character because I love that trope too much to just not use it.

Anyway, Talon and Iadra aren’t thrilled to learn that Kyran and the humans are on more or less amicable terms now, since their last few interactions with Kyran have done nothing to indicate that having him around will be conducive to safely raising a child and Iadra in particular has still not forgiven him for what he did to Talon, and without five years of context, the fact that the three (four counting the talking space dog) of them are kind of working together now feels like a bit of a betrayal.

There’s no time for this to really come to a head, because their attempt at magic-sword-based rules-lawyering has actually not fooled or appeased the Entity at all, and it’s very set on returning equilibrium. It tries a couple tactics to get Kyran to turn on everyone or vice versa, including but not limited to sending a double of him to Earth to cause problems (it doesn’t work because the sword renders that impossible and they all know that) and trying to provoke the talking dog who still doesn’t really like him into acting on it (he doesn’t because he has a moral compass and better things to do), but the arrival of Talon, Iadra, and Iadros provides exactly the opportunity it thinks it needs, and it finds a way to hijack Iadros. And unfortunately there’s going to be yet another part to this.

#long post

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mt-rinjani-trek-blog · 5 years

Link

Mount Rinjani or Gunung Rinjani is an active volcano in Indonesia on the island of Lombok. Administratively the mountain is in the Regency of North Lombok, West Nusa Tenggara (Indonesian: Nusa Tenggara Barat, NTB). It rises to 3,726 metres (12,224 ft), making it the second highest volcano in Indonesia.[2]

On the top of the volcano is a 6-by-8.5-kilometre (3.7 by 5.3 mi) caldera, which is filled partially by the crater lake known as Segara Anak or Anak Laut (Child of the Sea), due to the color of its water, as blue as the sea (laut).[3] This lake is approximately 2,000 metres (6,600 ft) above sea level and estimated to be about 200 metres (660 ft) deep;[4] the caldera also contains hot springs. Sasak tribe and Hindu people assume the lake and the mount are sacred and some religious activities are occasionally done in the two areas.[3] On 27 September 2016 14:45 WITA Rinjani erupted.[5][6][7] UNESCO has made Mount Rinjani Caldera a part of the Global Geoparks Network in April 2018.[8]

Contents

1Geography

2Volcanology

3Rinjani National Park

4Eruption history of Rinjani

5Gallery

6See also

7References

8External links

1.1Geologic summary

2.1Volcanic composition

2.2Activity from 1944 to 2004

2.3Activity since 2009

2.4August 2018

2.5Monitoring program

2.3.12009

2.3.22010

2.3.32015

2.3.42018

Geography[edit]

Lombok is one of the Lesser Sunda Islands, a small archipelago which, from west to east, consists of Bali, Lombok, Sumbawa, Flores, Sumba and the Timor islands; all are located at the edge of the Australian continental shelf. Volcanoes in the area are formed due to the action of oceanic crusts and the movement of the shelf itself.[9] Rinjani is one of at least 129 active volcanoes in Indonesia, four of which belong to the volcanoes of the Sunda Arc trench system forming part of the Pacific Ring of Fire – a section of fault lines stretching from the Western Hemisphere through Japan and South East Asia.

The islands of Lombok and Sumbawa lie in the central portion of the Sunda Arc. The Sunda Arc is home to some of the world's most dangerous and explosive volcanoes. The eruption of nearby Mount Tambora on Sumbawa is known for the most violent eruption in recorded history on 15 April 1815, with a scale 7 on the VEI.[10]

The highlands are forest clad and mostly undeveloped. The lowlands are highly cultivated. Rice, soybeans, coffee, tobacco, cotton, cinnamon, cacao, cloves, cassava, corn, coconuts, copra, bananas and vanilla are the major crops grown in the fertile soils of the island. The slopes are populated by the indigenous Sasak population. There are also some basic tourist related activities established on Rinjani primarily in or about the village of Senaru.

Rinjani volcano on the island of Lombok rises to 3,726 metres (12,224 ft), second in height among Indonesian volcanoes only to Sumatra's Kerinci volcano. Rinjani has a steep-sided conical profile when viewed from the east, but the western side of the compound volcano is truncated by the 6 x 8.5 km, oval-shaped Segara Anak caldera. The western half of the caldera contains a 230-metre-deep lake whose crescentic form results from growth of the post-caldera cone Barujari at the eastern end of the caldera.[11]

Color infrared view of Rinjani Volcano on the island of

Lombok

, May 1992. The eastern part of the island of

Bali

to the west is visible in the top right corner, separated from Lombok by the

Lombok Strait

; the

Alas Strait

and the western part of the island of

Sumbawa

are visible on the bottom left.Geologic summary[

edit

]

On the basis of plate tectonics theory, Rinjani is one of the series of volcanoes built in the Lesser Sunda Islands due to the subduction of Indo-Australian oceanic crust beneath the Lesser Sunda Islands, and it is interpreted that the source of melted magma is about 165–200 kilometres (103–124 mi) depth.[12][13]

The geology and tectonic setting of Lombok (and nearby Sumbawa) are described as being in the central portion of the Sunda Arc.[14] The oldest exposed rocks are Miocene, suggesting that subduction and volcanism began considerably later than in Java and Sumatra to the west, where there are abundant volcanic and intrusive rocks of Late Mesozoic age. The islands are located on the eastern edge of the Sunda shelf, in a zone where crustal thickness is apparently rapidly diminishing, from west to east.[15]

The seismic velocity structure of the crust in this region is transitional between typical oceanic and continental profiles and the Mohorovičić discontinuity (Moho) appears to lie at about 20 kilometres (12 mi) depth.[16] These factors tend to suggest that there has been limited opportunity for crustal contamination of magmas erupted on the islands of Lombok and Sumbawa. In addition, these islands lie to the west of those parts of the eastern-most Sunda and west Banda arcs where collision with the Australian plate is apparently progressing.[17]

The volcano of Rinjani is 165 to 190 kilometres (103–118 mi) above the Benioff Zone.[18] There is a marked offset in the line of active volcanoes between the most easterly Sumbawa volcano (Sangeang Api) and the line of active volcanoes in Flores. This suggests that a major transcurrent fault cut across the arc between Sumbawa Island and Flores. This is considered to be a feature representing a major tectonic discontinuity between the east and west Sunda Arcs (the Sumba Fracture).[19] Further, a marked absence of shallow and intermediate earthquake activity in the region to the south of Lombok and Sumbawa is a feature interpreted to represent a marked break in the Sunda Arc Zone.[19] Faulting and folding caused strong deformation in the eastern part of Lombok Basin and is characterized by block faulting, shale diapirs and mud volcano.[20][21]

Volcanology[edit]

Map of volcanoes in Indonesia

The Rinjani caldera-forming eruption is thought to have occurred in the 13th century. Dated to "late spring or summer of 1257," this 1257 Samalas eruption is now considered the likely source of high concentrations of sulfur found in widely dispersed ice core samples and may have been "the most powerful volcanic blast since humans learned to write."[22][23] The massive eruption may have triggered an episode of global cooling and failed harvests.[24] Before this eruption, the Segara Anak caldera was a volcanic mountain named Samalas, which was higher than Rinjani.

Eruption rate, eruption sites, eruption type and magma composition have changed during the last 10,000 years before the caldera forming eruption.[25] The eruptions of 1994 and 1995 have presented at Gunung Baru (or 'New Mountain' – approximately 2,300 metres (7,500 ft) above sea level) in the center of this caldera and lava flows from subsequent eruptions have entered the lake. This cone has since been renamed Gunung Barujari (or 'Gunung Baru Jari' in Indonesian).

The first historical eruption occurred in September 1847. The most recent eruption of Mount Rinjani was in May 2010 and the most recent significant eruptions occurred during a spate of activity from 1994 to 1995 which resulted in the further development of Gunung Barujari. Historical eruptions at Rinjani dating back to 1847 have been restricted to Barujari cone and the Rombongan dome (in 1944) and consist of moderate explosive activity and occasional lava flows that have entered Segara Anak lake.[26] The eruptive history of Rinjani prior to 1847 is not available as the island of Lombok is in a location that remained very remote to the record keeping of the era.

On 3 November 1994, a cold lahar (volcanic mudflow) from the summit area of Rinjani volcano traveled down the Kokok Jenggak River killing thirty people from the village of Aikmel who were caught by surprise when collecting water from the river in the path of the flow.

In connection with the eruption of the cone Gunung Barujari the status for Gunung Rinjani was raised from Normal (VEI Level 1) to 'be vigilant' (VEI Level 2) since 2 May 2009. In May 2010 Gunung Rinjani was placed in the standby status by Center for Volcanology & Geological Hazard Mitigation, Indonesia with a recommendation that there be no activity within a radius of 4 kilometres (2.5 mi) from the eruption at Gunung Barujari.[27]

Volcanic composition[

edit

]

View from the summit of Gunung Rinjani

In Lombok, Rinjani volcano lies approximately 300 kilometres (190 mi) north of the Sunda Trench (also known as Java trench[28]) and is situated about 170 kilometres (110 mi) above the active north dipping Benioff zone.[29] Based on the composition of andesites which have very low Ni concentrations and low Mg/Mg+Fe It is suggested that the Rinjani suite is of mantle origin, but that all the andesites and dacitesas well as many of the basalts have probably been modified by fractional crystallization processes.[30] It is concluded that the Rinjani calc-alkaline suite, which in many respects is typical of many suites erupted by circum-pacific volcanoes, probably originated by partial melting of the peridotite mantle-wedge overlying the active Benioff Zone beneath Lombok Island.[21][30][31] The Pleistocene-Recent calcalkaline suite from the active volcano, Rinjani is composed of a diverse range of lavas. These include: ankaramite, high-Al basalt, andesite, high-K andesite and dacite. Sr-isotopic and geochemical constraints suggest that this suite was derived from the sub-arc mantle. Geochemical models suggest that fractional crystallization is an important process in the suite's differentiation, although the series: ankaramite-high-Al basalt-andesite-dacite does not represent a continuously evolving spectrum of liquids.[32]

#mount rinjani #lune rinjani #lombok indonesia

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blueweave8 · 2 years

Text

Geomembranes Market demand, Scope, Trends, 2021-2028

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting revealed that the global geomembranes market was worth USD 1.93 Billion in the year 2020. It is estimated to grow at the CAGR of 9.4%, earning revenue of around USD 3.58 Billion by the end of 2027. Because of increased shale gas production in countries such as the United States and Canada, the applications and demand for geomembranes are growing in the North American region. This acts as a crucial driving factor for the growth of the market. Geomembranes are also excellent for protecting industrial and residential buildings. As a result, they're extensively used in building and infrastructure production because they protect against pollution and contamination. The demand for geomembranes is expected to increase during the forecast period, owing to their increasing application and utility.

Sustainability of Geomembranes is Favoring its Popularity in the Market

Geomembrane products are made up of polymeric sheets that are highly permeable and prevent the flow of water and other fluids. They possess various mechanical properties like water resistance, tear resistance, high tensile and shear strength. Because of these properties, geomembranes are widely used in water containment applications, mining, solid waste containment, and so on. They're also long-lasting, requiring replacement only after a certain amount of time. What’s more, geomembranes prove to be cost-efficient too.

Environment Concerns Are Fueling the Demand for Geomembranes Flourishing the Market Growth

Water is a limited resource; there is only 3% fresh water on the earth, with only 0.5% available for human consumption. With the growing population, meeting the water consumption demands of all regions and countries has become a challenge. This issue is being addressed by reusing and recycling consumed water. Therefore, countries are steadily establishing water treatment plants, which require efficient use of geomembrane for longer sustainability and prevention of leakages. This factor is contributing greatly to the growth of the geomembrane market.

Sample Copy of the Report: https://www.blueweaveconsulting.com/report/geomembranes-market/report-sample

The water management segment is expected to dominate during the forecast period

Although the mining segment is dominating currently, it is estimated that the waste management segment is going to overtake the market during the forecast period. Geomembranes are commonly used in water disposal facilities for lining and capping purposes. Since geomembranes are strong and water-resistant, they are commonly used for wastewater treatment and storage to prevent leaks and breakouts. They are also long-lasting and do not need a replacement for longer periods, which contributes to their widespread use in this market.

Global Geomembranes Market: Regional Market

Geographically, the global geomembrane market is segmented into North America, Europe, the Asia-Pacific, Latin America, the Middle East, and Africa. The Asia-Pacific region is the market leader with the highest demand for geomembrane products. The ongoing infrastructural development and increasing prospects for oil and gas sectors in South Asian countries like India and China are likely to drive the demand for geomembrane products during the forecast period. Furthermore, government regulations in several countries are pushing for better water and waste management, which is helping the geomembrane market to expand.

Impact of COVID-19 on the Global Geomembranes Market

The leading target markets for geomembrane products are the construction and civil engineering sectors. However, due to the breakout of COVID-19, the construction of infrastructures had to be halted, because of which the geomembrane market witnessed a significant drop in its demand, which directly affected the revenue. Furthermore, the scarcity of raw materials also impeded the market as the manufacturing units were shut down. However, the geomembrane market is expected to rise in the post-COVID-19 period. Nevertheless, it is going to take quite some time for the geomembrane market to get back on track.

Competitive Landscape

The key players in the global geomembranes market are Plastika Kritis SA, Solmax International Inc., Atarfil SI, Raven Industries Inc., Agru America, Inc., US Fabrics, Geosynthetics Limited, SOPREMA, Nilex, Ginegar Plastic Products, Global Synthetics, Layfield Group, Titan Environmental Containment, Texel Industries Limited, Anhui Huifeng New Synthetics Materials, The NAUE group, Carthage Mills, Environmental Protection, Geofabrics, and other prominent players.

Companies are actively engaging in competitive strategies such as alliances and acquisitions in order to grow their market share and customer base. The leading manufacturers are constantly working on innovations to develop products that are stronger, resistant, and have even higher tensile strength. What’s more, the industry players are also focusing on making affordable geomembranes for emerging economies by customizing raw materials.

About Us

BlueWeave Consulting provides all-inclusive Market Intelligence (MI) Solutions to businesses regarding various products and services online & offline. We offer comprehensive market research reports by analyzing qualitative and quantitative data to boost your business solution's performance. BWC has built its reputation from the scratches by delivering quality inputs and nourishing long-lasting relationships with its clients. We are a promising digital MI solutions company providing agile assistance to make your business endeavors successful.

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#Geomembranes Market

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marketresearchtrendsblog · 3 years

Text

Directional Drilling Services Market: Trends, Market Size, and Forecasts up to 2030

The report on the global directional drilling services market provides qualitative and quantitative analysis for the period from 2017 to 2025. The report predicts the global directional drilling services market to grow with a CAGR of 4.9% over the forecast period from 2019-2025. The study on directional drilling services market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2017 to 2025. The report on directional drilling services market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global directional drilling services market over the period of 2017 to 2025. Moreover, the report is a collective presentation of primary and secondary research findings.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-104588 Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global directional drilling services market over the period of 2017 to 2025. Further, IGR- Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider. Report Findings 1) Drivers • Rise in energy demand due to shale gas development • Increasing urbanization and industrialization • Increasing advancement in drilling technologies 2) Restraints • Rising focus on renewable energy 3) Opportunities • Discovery of new oilfields Research Methodology A) Primary Research Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include 1. Key Opinion Leaders associated with Infinium Global Research 2. Internal and External subject matter experts 3. Professionals and participants from the industry Our primary research respondents typically include 1. Executives working with leading companies in the market under review 2. Product/brand/marketing managers 3. CXO level executives 4. Regional/zonal/ country managers 5. Vice President level executives. B) Secondary Research Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources. The secondary sources of the data typically include 1. Company reports and publications 2. Government/institutional publications 3. Trade and associations journals 4. Databases such as WTO, OECD, World Bank, and among others. 5. Websites and publications by research agencies Segment Covered The global directional drilling services market is segmented on the basis of type, service, and application. The Global Directional Drilling Services Market by Type • Conventional • Rotary Steerable System The Global Directional Drilling Services Market by Service • Logging-while-Drilling (LWD) • Rotary Steerable System (RSS) • Measurement While Drilling (MWD) and Survey • Drag Analysis • Well Bore Positioning • Other Services The Global Directional Drilling Services Market by Application • Onshore • Offshore Company Profiles The companies covered in the report include • Weatherford International plc • Cathedral Energy Services Ltd. • Schlumberger Limited • National Oilwell Varco, Inc. • Halliburton Company • Baker Hughes Co. • Jindal Drilling and Industries Limited • Gyrodata Inc. • Leam Drilling Systems, LLC • Scientific Drilling International Inc. • Other companies What does this report deliver? 1. Comprehensive analysis of the global as well as regional markets of the directional drilling services market. 2. Complete coverage of all the segments in the directional drilling services market to analyze the trends, developments in the global market and forecast of market size up to 2025. 3. Comprehensive analysis of the companies operating in the global directional drilling services market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company. 4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Hina Miyazu

Shibuya Data Count Email: [email protected] Tel: + 81 3 45720790

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john-victorready4 · 8 months

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Unlocking the Secrets of Petroleum Source Rocks: A Comprehensive Guide

1. Introduction to Petroleum Source Rocks

2. The Formation Process

3. Types of Petroleum Source Rocks

3.1 Organic-Rich Shales

Organic-rich shales are among the most common source rocks. Their fine-grained texture and high organic content make them ideal for hydrocarbon generation.

3.2 Carbonate Rocks

Although less common, carbonate rocks like limestone can also act as source rocks. They contain organic matter and can undergo the necessary transformations to generate hydrocarbons.

4. The Role of Source Rocks in Petroleum Formation

Source rocks play a crucial role in petroleum formation. They act as the kitchen where hydrocarbons are slowly cooked and expelled, eventually migrating to reservoir rocks.

5. Geological Factors Influencing Source Rock Quality

6. Exploration Techniques

6.1 Seismic Surveys

Seismic surveys are a primary tool for locating potential source rocks. They use sound waves to create images of subsurface rock layers, helping identify potential petroleum-rich areas.

6.2 Geochemical Analysis

Geochemical analysis involves studying rock samples for organic content and maturity. This method provides valuable data about a rock's potential to generate hydrocarbons.

7. Worldwide Source Rock Hotspots

8. Environmental Concerns

9. Future Prospects

10. Conclusion

Petroleum source rocks are the hidden reservoirs of our energy-dependent world. They hold the key to our energy future, and understanding them is crucial for sustainable resource management.

Frequently Asked Questions

What is the primary role of petroleum source rocks?

Source rocks are responsible for generating and expelling hydrocarbons, which eventually accumulate in reservoir rocks.

How do geological factors influence source rock quality?

Geological factors like burial depth, temperature, and pressure determine the quality and potential of source rocks to generate hydrocarbons.

Are source rocks evenly distributed worldwide?

No, source rocks are not evenly distributed. Some regions have abundant source rocks, while others have limited deposits.

What are the environmental concerns associated with source rock extraction?

Extracting hydrocarbons from source rocks can lead to environmental issues, including habitat disruption and greenhouse gas emissions.

What does the future hold for source rock exploration?

The future of source rock exploration may involve advanced technologies and increased focus on sustainable practices to minimize environmental impacts.

#petroleum source rocks #geological prospecting and exploration

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youbusiness2025 · 3 years

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If you are trying to find the best audit company in Pittsburgh for your local business, the Best Accounting Firm in Pittsburgh for Your Small Business below are five definitive realities about the city and five excellent methods to find the audit company there that ideal satisfies your local business demands.

Pittsburgh-- The Most Comfortable City In The U.S. Pittsburgh is Pennsylvania's second-biggest city, a populace of 311,647. The 7 county area bordering the city boasts a populace of 2,354,957.

Allegheny Area, which includes Pittsburgh, is without a doubt the largest and most flourishing.

In these seven regions, there are over 1,000 audit companies, 40% of which remain in Pittsburgh. Over half of them cater to small businesses.

In 2005 and again in 2009, The Economic expert placed Pittsburgh the leading most livable city in the USA.

In 2007, Pittsburgh asserted the primary area in the Places Rated Almanac.

In 2010, both Forbes Magazine as well as Yahoo! had Pittsburgh at the top of their listings. Entrepreneur Magazine placed Pittsburgh as one of the very best for business owners.

Pittsburgh-- The City Of Bridges.

Pittsburgh is the globe record owner for bridges with 446 of them included entirely within the city limits.

These bridges go across the Allegheny River from the northeast and also the Monongahela River from the southeast to form the Ohio River and the Midtown location of the city referred to as the Golden Triangle.

They link the city to the four locations bordering it, namely the North Side/North Hills, the South Side/South Hills, the East End and also the West End.

4 interstates (I-376, I-279, i-579 and also i-79), recognized to Pittsburghers as the Parkway East, the Parkway West, the Parkway North and also Crosstown as well as two major expressways (Route 28 and Course 22) connect 237 boroughs as well as 202 areas with each other and with Downtown Pittsburgh.

The majority of the larger audit firms serving Pittsburgh's significant companies remain in Midtown Pittsburgh.

Nonetheless, practically all of the audit companies serving the city's ever-growing local business population lie in the locations north, south, eastern and also west of the city.

These companies offer small businesses in Pittsburgh and Allegheny Region as well as likewise supply their services to the various other six counties that compose the Greater Pittsburgh Area.

The local business bookkeeping firms in these areas have deep-seated connections to the area, the people and the businesses living there.

Best Accounting Firm in Pittsburgh for Your Small Business

Pittsburgh-- A City Transformed. Thirty years back, Pittsburgh was an unclean, smoky steel town, called the Steel City, due to its predominance as a mighty steel-making center.

When that industry fell down and also Pittsburgh shed its manufacturing base, its blue-collar workers, and business titans like Westinghouse, Gulf Oil, Koppers and also Rockwell International, the city encountered its initial recession in more than a century.

To its debt, though, the city transformed like none other in the country and also emerged twenty years later on as a growing white-collar city.

Today, Pittsburgh is still a steel city.

United States Steel, the 10th largest steel business in the world, is headquartered there.

Allegheny Technologies, a world-class steel maker, has 8 manufacturing plants in the area.

The city still employs 7,000 steel employees as well as one more 12,000 in the primary metals market. Though the area shed 100,000 manufacturing tasks in the last three decades, that sector is still among the greatest factors to the region's economic situation.

What altered is just how diversified that market is currently.

Sophisticated businesses in life sciences, robotics, information technology and study have actually signed up with ranks with 8 Fortune 500 businesses.

Healthcare, education, research, monetary solutions and entertainment/tourism are the recently arising sectors that are driving earnings and work for the region.

One of the fastest-growing areas supporting the city's change to a white-collar economy is accounting.

This is particularly real as the city remains to move far from sector to solution as well as modern technology.

Much of the recently arising companies across all fields of the regional economy are small businesses.

Though there are already over 400 accounting companies in Pittsburgh as well as Allegheny Area alone servicing those services, that number raises drastically as you move into the various other 7 regions bordering the city.

Pittsburgh-- A City Of Growth. The local economic situation mirrors the country's economy as it remains to battle the recession.

Nonetheless, the area has gotten on much better than the majority of areas in the country and is positioned for substantive development in 2011.

Economists from the city's largest financial institutions anticipate that the Greater Pittsburgh Area will include 13,000 new jobs this year.

Unemployment is anticipated to drop listed below 8 percent as larger companies begin to work with and also newly established businesses begin to expand. Added hiring will certainly also appear as brand-new companies situate there.

New IT companies to support the growing research activity

The College of Pittsburgh Medical Facility, the city's biggest employer, is presently in a hiring mode. Retail titans like Cock's Sporting Product and also General Nutrition Facility (GNC) are growing. Google now runs a 40,000 square foot office in Pittsburgh and just recently announced plans for expansion.

Marcellus Shale natural gas will be a significant factor to the neighborhood's economic situation.

The Cultural Arts, consisting of movie manufacturing, continues to blossom and dozens of new information technology firms are emerging to support the growing research activity at the University of Pittsburgh and Carnegie-Mellon University.

Most of the new companies being created in the area are small businesses supporting these major industries remains to bloom as well as lots companies arising College

business location small companies.

As the location grows, these organizations will certainly expand too and also their requirement for more specialized accounting services will become significantly evident.

Presently, accounting professional companies in the Pittsburgh area deal 18 various kinds of accounting to small businesses, income tax obligation accountancy and project accounting to name a few.

Pittsburgh-- The City Of Champions. Pittsburgh is house to 3 major league franchises-- the Pittsburgh Pirates, the Pittsburgh Steelers as well as the Pittsburgh Penguins.

Two of those teams have enhanced the city with championships, the Steelers winning six Super Dish titles and also the Penguins winning three Stanley Cups.

Thanks to the inventive idea of a cherished Pittsburgh sportscaster and also his Awful Towel, the Steelers have actually given Pittsburgh fans the factor to proclaim their hometown satisfaction by just waving their Terrible Towel.

This marketing icon singlehandedly created Steeler Nation, a brotherhood of loyal fans across the country that has quietly and selflessly raised millions of dollars for a local charity in Pittsburgh.

This hometown pride, this brotherhood, this spirit of generosity is championed in almost advertising and marketing symbol developed Country devoted followers nation and also elevated numerous bucks regional home town league kindness nearly every community and community in the Greater Pittsburgh area.

Pittsburghers are proud, laborious, charitable as well as friendly people.

Many of them have actually stayed in their hometown for years and also have developed numerous small companies to support their households, their neighborhoods and also the city they call home. Accounting companies throughout the area have their origins in these exact same areas as well as have actually handled to successfully assist and sustain these organizations as well as the local communities and also organizations they offer.

These small organizations continue to thrive since of their efforts.

With the excellent working expertise of the city, its economic climate as well as its people, you can quickly locate the accounting firm in Pittsburgh that ideal satisfies your small company demands. Right here are 5 sure-fire means to assist you do that.

Pay attention to your area and the location of the accounting office you choose to work with

Pay attention to your area and the place of the bookkeeping firm with whom you select to work. Pittsburgh is a big urban city with over 400 neighborhoods and areas as diverse as the people living there. These neighborhoods and communities are what make Pittsburgh unique and it is important that you find an accounting firm that knows these places and the businesses that reside there. Pittsburgh is also a city area as well as a community distinct and also is essential audit company recognizes and also live , like several various other huge cities in the country, tormented with traffic jams, building delays and also negative weather condition. These problems cause mayhem when driving in and out of the city at any time throughout a normal service day. Don't waste time driving completely across the community to meet with your accounting professional. Besides, if your audit company is close to you, they should be willing ahead to your place of business.

#IFTTT #Blogger

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kerryblog · 3 years

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Global Oil Shale Market: Analysis and In-depth study on market Size Trends, Emerging Growth Factors and Regional Forecast to 2025

Global Oil Shale Market Research Report portrays the distinct Oil Shale industry aspects like the growth drivers, CAGR value, market share and size. The forecast and present Oil Shale Market estimates with a historic assessment of Oil Shale Industry situations is conducted in this study. The well-defined market facts like technological innovations, investment feasibility, growth strategies, and SWOT analysis is studied precisely. The Oil Shale Market volume, value, size and market share is evaluated in this report. The Oil Shale Industry chain structure explains the pricing pattern, upstream raw material supplier analysis and downstream buyers analysis. The study is bifurcated based on top Oil Shale Industry players, applications, type and regional analysis.

Request A Free Sample Report Here:https://www.reportspedia.com/report/energy/2020-2025-global-oil-shale-market-report---production-and-consumption-professional-analysis-(impact-of-covid-19)/81350#request_sample

Top Key Players Profiled in This Report:

Cabot Oil and Gas ConocoPhillips Chesapeake Energy ExxonMobil Anadarko Pioneer Natural Resources Occidental Petroleum Chevron Corporation Marathon Oil SM Energy EOG Resources

The revenue segmentation and in-depth business portfolio of eminent Oil Shale Market players are carried out in this study. The developments and emerging sectors of Oil Shale Industry are analysed to enhance the decision-making process for innovative and profitable business plans. The fundamental Oil Shale market outlook from 2015-2025 is covered in this report to predict past, present and forecast statistics. The industry chain structure, import-export details, sales channel analysis, and market share is studied.

The manufacturing base, labor cost, raw material cost and sales channel of Oil Shale Market are described in the report. The share of the market, and the manufacturing process has been deeply studied. Presentation of the indicators of the regional presence of the market in different regions, price, and gross profit for the period 2015-2020. The report provides information on the production, import, export and consumption patterns. The Oil Shale Market status, SWOT analysis, business plans and dominant market players are studied. The Oil Shale Market share segmented by region for 2020 is presented in the study.

Market Segment by Type,

Shale Gasoline Shale Diesel Kerosene Heavy Oil

Market Segment by Applications,

Fuel Electricity Cement Chemicals

If You Have Any Query | Ask Our Experts: https://www.reportspedia.com/report/energy/2020-2025-global-oil-shale-market-report---production-and-consumption-professional-analysis-(impact-of-covid-19)/81350#inquiry_before_buying

The company profile covers the end-user applications, sales channel analysis, competitive landscape view, and expansion plans. The industry plans & policies, value analysis, downstream consumers and Oil Shale market dynamics are presented. The sales value, industry share, growth opportunities and threats to the development are explained. The contribution of worldwide players to the Oil Shale Market and its impact on forecast development is analyzed in this study. The global position of Oil Shale Industry players, their profit margin, volume analysis, and market dynamics are studied.

Implemented Data Sources And Research Methodology:

The Oil Shale Market details are obtained via primary and secondary research techniques. Information on the vendors, suppliers, industry experts, and other sources. In addition, this study will examine the various distributors, service providers and suppliers. Besides, Oil Shale Report also states the competitive scenario, SWOT analysis and market size. The supply-demand side of Oil Shale Industry is analyzed by the data gathered from paid primary interviews and through secondary sources. The secondary research techniques involve the Oil Shale data gathered from company reports, consumer surveys, Government databases, economic and demographic data sources. Also, product sources like sales data, custom group data and case studies are analyzed.

There Are 8 Sections In Oil Shale Report As Follows:

Section 1: Objectives, Definition, Scope, Oil Shale Market Overview, Market Size Estimation, Concentration Ratio and Growth Rate from 2015-2025; Section 2: Oil Shale Industry Segmentation by Type, Application and Research Region; Section 3: Top Regions of Oil Shale Industry (North America, Europe, Asia-Pacific, Middle East & Africa, South America) with the Production Value and Growth Rate; Section 4: The Changing Oil Shale Market Dynamics, Growth Drivers, Limitations, Industry Plans & Policies, and Growth Opportunities are Explained Section 5: An analysis of the industry chain, Manufacturing base, cost structures, Manufacturing, sales and Distribution Channels, and Downstream Buyers Section 6: The Top Oil Shale Players, Market Share, Competition, Market Size and Regional Presence is Specified Section 7: The future trends of the market, consumption, cost, production forecast and growth estimates are analyzed. Section 8: Lastly, Vital Conclusions, Research Techniques, and Data Sources are Listed Thanks for reading. We also provide a report based on custom requirements from our clients.

Get Full Report With Complete TOC: https://www.reportspedia.com/report/energy/2020-2025-global-oil-shale-market-report---production-and-consumption-professional-analysis-(impact-of-covid-19)/81350#table_of_contents

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market-research-updates · 3 years

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E-House Market Growth Analysis By Size, Share, News, Demand, Opportunity During 2020-2025

The E-House market is expected to reach a CAGR of 6.5% during the forecast period of 2020 and 2025. E-house is customized pre-assembled and pre-tested modular power substations. By adding more intelligence to e-houses, it consolidates electrical and process control systems into one solution. Today more EPCs (Engineering, Procurement, and Construction) are using an intelligent packaged power system and expected that during the forecasted period, it supports the market growth. It can further help to reduce the design time and costs. Further, a unified system allows a transition from hard-wired to a networked approach with a reduction in material, labor, and documentation costs. It also supports end-user by one system for control, visualization, archiving, and reporting, which allow them to access real-time data from intelligent electrical devices to help operations and maintenance personnel make smarter faster decisions. - Adoption in the replacement of SF6 to lower environmental impact is driving the market. For decades, the unique properties of SF6 (Sulfur Hexafluoride) have made it popular as insulation and switching medium for electrical switchgear in e-house. However, SF6 is greenhouse gas, and its life-cycle management costs are incurred, particularly when the decommissioning of aging substations is on the rise. In recent years, ABB has been conducting research for alternatives with lower environmental impact with arc interruption and insulation properties similar to SF6. This mission has now been executed, and the world’s first gas-insulated switchgear (GIS) pilot installation to use a new gas mixture has recently been commissioned in Switzerland.

Click Here to Download Sample Report >> https://www.sdki.jp/sample-request-85984 - Further global manufacturers of medium-voltage switchgear are now seeing increased exposure to product stewardship requirements as a part of new equipment purchase contracts. Product stewardship is loosely defined as an elemenSF6t of Environmental, Health, and Safety (EHS), which includes a product-centered approach to environmental protection focusing on reducing the environmental impacts of products. These all factors support the drawback of SF6, and introducing new alternatives further helps to grow the demand of e-house in the market. - The digitalization of e-house is driving the market. The digital revolution is in progress and has already taken great steps in the energy segment, and it’s bringing immense opportunities and benefits. The impact of digitalization on electrical distribution is intended to improve operations and increase flexibility throughout the power value chain, from generation to customer relationship management. Already today, installing digital switchgear contributes greatly to increasing operation efficiency by optimizing switchgear footprint in the substation room and by using the energy efficiently for switchgear operation.

- For instance, in medium-voltage switchgear at 11 kV consisting of 30 panels, the width can be reduced by approx. 7% and switchgear energy consumption can be reduced by approx 300MWh during its lifetime. Today governments and regulatory bodies encourage smarter measuring systems and greener standards for generation and consumption and to use resources in a more efficient way. These initiatives create a demand for smarter distribution equipment such as digital switchgear, which assists in the growth of the market. ABB AbilityTM platform not only gives the possibility to link separate e-houses worldwide but also to gather data and conduct detailed, performance-enhancing analytics. - However, the impact of COVD-19 affected e-house market growth. The COVID-19 pandemic has shattered oil demand, sunk prices, and is posing a significant risk for those involved in oil extraction and processing. The disruption to Chinese oil has affected around the world. In February, the IEA noted demand had fallen by 435,000 barrels per day (BPD) in the first quarter of this year alone, which is the first quarterly contraction in demand in more than a decade. With the industry shut down and no new industry expansion and development, the demand for e-house has shattered significantly. - However, OPEC+ agreed to curtail oil production by approximately 10.0% (9.7 million barrel/day) by May 1. Further, the tight working conditions of mining facilities means workers are at the greatest immediate risk, and mining operations around the world have been placed into shutdown. For instance, South Africa’s platinum mines have been idled for the past three weeks since the last week of March 2019. Such instances highly affect the demand for mobile substation e-house. However, the Government of South Africa has agreed to allow the mining sector to operate at up to 50% of its production capacity during the nationwide lockdown, which can significantly cater to the demand. Key Market Trends Upstream Sector in Oil and Gas to Witness Significant Share - The exploitation of shale reserve has led to an increase in demand for energy and power services. According to IEA, the global gas demand is expected to grow by 1.6% a year for the next five years, with consumption reaching almost 4,000 billion cubic meters (bcm) by 2022, up from 3,630 bcm in 2016. China will account for 40% of this growth. Hence, the upstream segment is expected to be one of the largest segment for the e-house market. - Traditionally, players in the oil and gas industry obtain their switchgear, drives, and automation systems from multiple electrical equipment suppliers and obtain their electrical houses through fabricators. But the demand to reduce risk, costs, and delivery time has steered the industry away from this practice, and the part of CAPEX in the upstream sector is contributed to the e-house. - There is a clear trend towards consigning an integrated, installed, and pre-commissioned electrical and automation system together with the complete electrical house through various players. For instance, in June 2019, a multi-level E-house designed, engineered, and manufactured by Shaw Controls has been supplied as a fit-for-purpose solution at a South African port. - The solution comprises five modules: three at ground level, with two above. The substantial structure, including all electrical substation equipment, weighs approximately 90 tonnes. Further, an additional E-house comprising one module for a separate LV substation has also been supplied. - Further players such as Enexis announced to deploy eleven e-house substations in the northern Netherlands, where grid capacity for large scale clean energy projects, including oil and gas projects, is limited. The company said it would invest EUR 43 million in the plan to speed up the energy transition. - Further new construction projects for oil and gas are investing in the e-house deployment, which adds to the growth of the market. For instance, Petrobras announced they are developing a new natural gas processing plant in the site of its Rio de Janeiro Petrochemical Complex (Comperj) in Rio de Janeiro, Brazil. The plant, known as UPGN, is a part of the Rota 3 or Route 3 pipeline project and will be the largest of its type in the country. - It is estimated to cost around USD 600 million, where the plant will also be equipped with two processing trains. It will feature a customized e-house electrical solution, which will be the largest in Latin America. The e-house will be a modular outdoor enclosure covering an area of 800m². It will house electrical equipment, including transformers, switchboards, voltage panels, and bus ducts. The solution will connect all the electrical equipment involved in providing power, protection, and distribution, and reduce the risk of outages.

Click Here to Download Sample Report >> https://www.sdki.jp/sample-request-85984

North America Accounts to Hold Significant Market Share - North America is accounted for to hold a significant market share. With increasing industrial units in oil and gas, mining, etc., and further with the residing of global players such as ABB Ltd, Siemens AG, etc., the market tends to grow significantly. - Canada is one of the largest producers of oil and gas in the world. Their oil and gas industry plays an important role in the country’s economy. Oil sands remain its primary source of hydrocarbon production, comprising over 90% of the country's total oil reserves. As per the Canadian Association of Petroleum Producers (CAPP), the oil production in the country is expected to reach 5.4 billion bbl/d in 2030, and oil sands are expected to account for 70.7% of the total production. This caters to the demand of e-house during the forecasted period. - Further, according to the US Geological Survey, the capacity utilization of the United States mining industry is gradually increasing since 2016. In 2019, capacity utilization increased to 91%. ABB provides pre-fabricated containerized e-houses for mining applications. The e-house can also be installed close to the main loads, which reduces the power and control cable size and length. Its ABB's MineOptimize e-house solution can lead to cost savings upto 40%. - Further, utilities provide the public with essential commodities or services such as power, water, and natural gas. The number of electric utility companies operates in the United States country is estimated at over 3,300, with around 200 of them providing power to the majority of users. Further applications in an internal and external lighting system, fire suppression system, Heating, ventilation, and air-conditioning (HVAC) drives the growth of e-house in the United States. - Furthermore, Huge shale gas development across North America and offshore deepwater exploration and production activities were the hallmarks of the oil & gas industry in the past decade owing to advancements in technologies. However, the crude oil price plunge has impacted this industry in the past few years, and its trading way below its all-time high. FPSO/FSO and wellhead platform for offshore production and refining complexes require an integrated electrical solution, which led the oil & gas industry for the demand of an e-house solution. Competitive Landscape The e-house market is fragmented in nature due to a greater number of companies offering an e-house solution. Further, with the current presence of numerous international and regional players, they are offering innovative solutions to save the energy in industrial units with other functionality that results in a highly competitive market environment. Key players are ABB Ltd, Siemens AG. Recent developments in the market are - - February 2020 - GE Power successfully delivered an e-house and VSDS to the petrochemical plant controlled by Shell Nederland Chemie B.V. GE’s VSDS encompasses high-speed induction motor and variable speed drive, steadily reaching over approximately 90% energy efficiency for the compressor train. Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - 3 months of analyst support

For more information, please contact:

Hina Miyazu

Shibuya Data Count Email: [email protected] Tel: + 81 3 45720790