Shipbuilding Industry – Overview Shipbuilding is the construction of large seagoing vessels, usually out of steel. But other materials such as wood and composites can also be utilized. On the other hand, boatbuilding is the construction of smaller vessels (usually up to 50 meters in length) using many similar components. Both ship and boat construction […]
Oil and Gas Industry – Overview The oil and gas industry is one of the world’s most valuable industries in terms of revenue, earning an estimated $3.3 trillion yearly. Oil is vital to the world economy, particularly for its major producers: the United States, Russia, Saudi Arabia, Canada, China, and other Asian countries. The intricate […]
Coal Mining – Overview Before jumping into a coal mining pit, have a brief history to know. Do you know coal was burned in funeral pyres in Wales? Yes, during the Bronze Age, between 3,000 and 4,000 years ago, according to archaeological evidence the rituals were held. In Meteorologica, Aristotle mentions coal (“combustible materials”), and […]
Liquefied Natural Gas – All You Need to Know Natural gas is abundant on the planet, but much of it is located in locations where it is not needed. Natural gas must be turned into liquefied natural gas (LNG) in order to transport this cleaner-burning fuel across oceans, a process known as liquefaction. Many people in […]
Mineral Mining Industry – All You Need To Know The mineral mining industry is responsible for locating and extracting metal and mineral reserves all over the world. Metals and minerals are mined for profit around the world and then used in jewelry, industrial applications, and investments. The industry has a big number of worldwide enterprises and […]
Non-Metallic Minerals – Overview Above other geological building materials, non-metallic minerals materials are the product that is collected in the biggest volume from the Earth’s bosom today. They are the second most important type of mineral wealth after energy raw resources. The bulk of non-metallic mineral raw resources have huge reserves, and some (for example, […]
The supply increases as demand diminishes and Oil & Gas needs to reorganize business. In the span of the COVID-19 crisis, it is safe to accept and continue to witness a dramatic shift in life and management. The resulting anxiety, both human and economic, has also prevented traditional business models from switching quickly. Although the […]
In recent decades technological innovation has been a major driver of global growth, as the economic opportunity is interconnected with digital and technological capabilities more and more. Despite the world’s opportunity, technological value is largely concentrated in two major regions – the eastern coast of China and the west coast of the United States. At […]
Renewable energy in Indonesia is moving sort of snail in producing renewable source of energy but can underestimate the strength and potential of the country can provide. In line with the forecast consumption of electricity is quite double in coming 2025, because the raise in demand of energy within the geographical area. A lot of Indonesians currently do not […]
Nevertheless, Indonesia’s coal industry is way from over yet. After being highly sought-after and becoming a number one interchange earner through the first 2000s, Indonesia’s coal sector has been hit hard in recent years following the autumn in commodity prices. There are many factors contributing to the decline of the national coal industry; from over […]
