About trading and insurance

Technology has been increasingly adopted by all major industry sectors over the last several years—and the energy industry is no exception. The energy sector has been an early adopter of digital technologies. In the 1970s, power utilities were digital pioneers, using emerging technologies to facilitate grid management and operation.  Years ago, companies started by switching the use of analog meters to digital meters, smart meters, etc., in order to improve energy efficiency. Oil and gas companies have long used digital technologies to improve decision-making for exploration and production assets, including reservoirs and pipelines. The demand for energy is increasing rapidly. The energy sector is now in a great transition towards a very important energy transformation, and digitalization is one of the key facilitators to ensure that it is fulfilled. Digitalization acts as a lever in the sector to combat climate change and optimize power generation processes to reduce emissions and...

What is CNG fuel? Compressed Natural Gas contains methane, nitrogen, CO2, propane, and ethane. CNG is only 1% of the volume it occupied before. Compressed natural gas (CNG) fuel Natural gas is the cleanest fossil fuel, cheaper than the other non-renewable energy sources (diesel, petroleum, coal). With natural gas, energy transition gives us perspectives while we are running out of fossil fuels. Natural gas is the most eco-friendly fossil fuel, it is a bridge from hard coal and oil to renewable, clean energy. Natural gas gives more than 25% of the EU’s energy consumption. CNG stands for Compressed Natural Gas Compressed Natural Gas is only 1% of the volume it occupied before. Producing CNG is a long and complicated process, but in the end, it remains gaseous and contains important substances as methane, nitrogen, CO2, propane, and ethane. The advantage of CNG is that it has a better heating value than petrol, while a car can take 100 kilometres with 10 litres of petrol, 6-7 litres of CN...

How to store energy? Nowadays one of the biggest challenges is that we cannot store renewable energy effectively. What is the solution? Energy Storage Technologies What energy storage systems do we use? In some cases, collecting energy only works periodically. Wind turbines work at maximum capacity if the wind is strong enough. For solar panels, sunshine is needed. Therefore, sometimes we can generate so much power that would be enough for years – and there are days, weeks, or even months when the production is not enough for the local population. Solar and wind energy help us reduce our ecological footprint. But if a battery has low life, then we produce waste, increasing our footprint. Let’s see how we store energy in the 21st century. Renewable energy storage solutions Renewable energy storage It is much harder to store renewable energy than fossil fuels. Non-renewable energy only needs some ‘space’ to be stored, but green energy is stored in batteries, electric capacitors, magnetic...

How to conserve natural gas? In this article, we provide 4 ways to conserve natural resources. An industrial guide. How to conserve natural gas? Natural gas has a good reputation among fossil fuels. While burning this fossil fuel, it emits much fewer greenhouse gases than oil or coal. But we cannot say it is environmentally friendly: it is just less polluting. It is our responsibility to save as many fossil fuels as possible – not just your wallet, but the environment will thank you too. What is natural gas? Natural gas (also called fossil gas) is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, hydrogen sulfide, or helium. Methane makes up 70-90% of natural gas. As the name and definition suggest, it is a completely natural gas, coming from dead animals buried deep under the Earth’s surface – for millions of years. That is why we c...

The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy industry is a crucial part of the infrastructure and maintenance of society in almost all countries. In particular, the energy industry comprises:     the fossil fuel industries, which include petroleum industries (oil companies, petroleum refiners, fuel transport and end-user sales at gas stations) coal industries (extraction and processing) and the natural gas industries (natural gas extraction, and coal gas manufacture, as well as distribution and sales);     the electrical power industry, including electricity generation, electric power distribution and sales;     the nuclear power industry;     the renewable energy industry, comprising alternative energy and sustainable energy companies, including those invo...

The Energy Industry: Types and Examples of Companies As a country rich in Natural Resources (SDA), Indonesia is blessed with vast agricultural products such as mineral mining that the state can utilize for the community. One of the reasons this industrial sector is significantly developed in the country is because Indonesia has various energy sources, from coal, gas, oil, solar power, electricity, and many others. This sector is not only limited to exploration but also includes production, sales, extraction, manufacturing, distribution, and refining activities, resulting in many companies for different functions. The Energy Industry and its Types In simple terms, the energy industry is a business activity that includes various activities ranging from obtaining, processing, selling, extracting, refining, to distributing in the energy sector. In Indonesia, eight types of the most popular energy industry exist. Here’s the explanation: 1. Oil and Gas The oil and gas industry or oil and gas...

  Lifetime Income  – There are putatively endless avenues to induce income from your investments, but veritably many of these options can promise guaranteed income for life. The only extensively accessible product that fits the bill is a fixed subvention, a fiscal product that can help you easily transition into withdrawal with the peace of mind that you ’ll have a steady income sluice to calculate upon during your golden times. As the expression implies, continuance income is a steady sluice of income that lasts throughout your life with no possibility of deterioration. The benefit of such an arrangement is clear a fiscally debonair withdrawal, one where you can cover your living charges and, conceivably, fund optional trip and passion systems. This arrangement is ideal for nearly everyone, except for the fortunate many that have multiple millions( or billions) of bones at their disposal. For those that don’t retain similar wealth, generating a sluice of income that will last...

The lack of health insurance coverage for over 41 million Americans is one of the nation’s most pressing problems. While most elderly Americans have coverage through Medicare and nearly two-thirds of non-elderly Americans receive health coverage through employer-sponsored plans, many workers and their families remain uninsured because their employer does not offer coverage or they cannot afford the cost of coverage. Medicaid and the State Children’s Health Insurance Program (SCHIP) or HAWK-I here in Iowa help fill in the gaps for low-income children and some of their parents, but the reach of these programs is limited. As a result, millions of Americans without health insurance face adverse health consequences because of delayed or foregone health care. Extending coverage to the uninsured has become a national priority.  -(Information taken from kff.org) The number of people forced to go without health insurance is nothing less than a crisis in this country today. Over the last few...

  When Will I Get My Tax Refund  – Still, at least it’s earning interest, If you filed your duty return on time and still have not gotten your refund. Still, you presumably formerly entered it, If you filed your duty return electronically and were due a refund. The IRS reported that it reused 97 of the further than 145 million returns it entered this time and issued many further than 96 million refunds. Still, you could be staying, If you filed a paper return. In June, the National Taxpayer Advocate, an independent watchdog within the IRS, reported the agency was facing an” unknown backlog of undressed paper duty returns and returns with suspected crimes or suspected identity theft.” As a result, detainments in completing paper returns have been running from six months up to one time. The good news is the IRS has to pay interest on any plutocrat it owes you. Your duty refund comes from your 2021 return and the IRS is needed to start paying interest on remittance 45 days after ...

 Health Savings Accounts are an excellent way to build a second retirement account.  These tax-favored accounts, which have only been available since January of 2004, can be opened by anyone with a qualifying high-deductible health insurance plan.  Once you open an HSA account, you can place tax-deductible contributions into it, which grow tax-deferred like an IRA.  You may withdraw money tax-free to pay for medical expenses at any time.   The biggest reason more people don't retire before age 65 is lack of health insurance, and many Americans reach age 65 woefully unprepared for the medical expenses they'll face once they do retire.  One of the most important long-term reasons for establishing an HSA is to build up some money for medical expenses incurred during retirement. Fidelity Investments reports that the average couple retiring in 2006 will need $190,000 to cover medical expenses during retirement.  This assumes life expectancies of 15 years fo...

 It's tempting to sit back and relax once you've moved into your new home – but hang on, have you made sure that you're insured against all the risks that could stop you from paying your mortgage? Many things could go wrong and make it impossible for you to work, and in this article we go through each risk, and assess how important it is that you take that into account. If you are responsible for a family, then it is particularly important that you take heed of the following five issues: What happens if interest rates increase and you can no longer afford your monthly repayments What if you get made redundant What happens if you become ill or have an accident and you can't go to work What if you have a serious accident or become critically ill, and you can never go back to work What if you die and your family is left to cope with the outstanding mortgage These are all questions that new homeowners have to ask, and find answers to. The good news is, the insurance industr...

 If I don't know my score, and my score varies from company to company and day to day, how will I know if my credit is affecting my insurance purchases? The FCRA requires an insurance company to tell you if they have taken an "adverse action" against you, in whole or in part, because of your credit report information. If your company tells you that you have been adversely affected, they must also tell you the name of the national credit bureau that supplied the information so that you can get a free copy of your credit report. FCRA defines “adverse action” to include “...a denial or cancellation of, an increase in any charge of, or a reduction or other adverse or unfavorable change in terms or coverage or amount of, any insurance existing or applied for, in connection with the underwriting of insurance...” Examples of an “adverse action” include:  - giving the consumer a limited coverage form  - not giving the consumer the best rate  - not giving the consumer a disco...

  Purpose of Life Insurance If you die, life insurance is designed to provide financially for those you have left behind and have listed as your beneficiaries. In buying life insurance you, the insured, enter into a legal contract with the insurance company, also known as the insurer. Basically, the contract states that if you make your monthly insurance payments in a timely manner, your family or other beneficiaries will receive a specific amount of money when you pass on. Although some may find the idea of life insurance distasteful, it is considered to be essential in protecting the fiscal health of your spouse and children should they find themselves fiscally taxed due to your death. Types of Life Insurance There are two primary types of insurance: permanent life and term life insurance. Each provides specific types of protection for your loved ones. Term life insurance, the simplest form of life insurance, is designed to protect your family for a specified length of time or “t...

 As Health Savings Accounts grow in popularity, there is growing fear among those who want to nationalize healthcare that they will not be able to put the cat back in the bag.  There are already over 3 million HSA owners, and by 2010, the Treasury Department estimates as many as 45 million Americans will be covered by HSA plans.  They will have billions of dollars invested to cover future medical expenses, and by then it will be politically impossible to take that benefit away. If you currently have a high-deductible health insurance plan, you can invest tax-free money in a Health Savings Account.  You get to choose the type of investment – anything from savings accounts or money market funds, to a full brokerage house.  If you invest wisely, you could have well over $500,000 in the account when you retire.  You will be able to use that money to pay for your healthcare in whatever way you please, tax free.  You can go to the best surgeons, or the least...