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Impact mitigation practices

Impact mitigation practices refer to the strategies, techniques, and measures undertaken to reduce, manage, or compensate for the adverse effects of development projects or industry operations, particularly in the energy sector. These practices are designed to minimize the negative impacts on the environment, local communities, public health, and the economy. They encompass a wide range […] Read More

Hydrogen

Hydrogen is the simplest and most abundant chemical element in the universe, represented by the symbol H and the atomic number 1. In standard conditions for temperature and pressure, hydrogen exists as a colorless, odorless, non-toxic, and highly combustible diatomic gas (H₂). It is notable for its high energy content per unit mass, which makes […] Read More

High sulphur bunker

High Sulphur Bunker High sulphur bunker, commonly referred to as high sulphur fuel oil (HSFO), is a type of heavy fuel oil used primarily as fuel for marine vessels. This fuel is called ‘bunker’ because it is stored in the ship’s bunkers. High sulphur content implies that the fuel contains a high percentage of sulphur, […] Read More

Hedging

Hedging Hedging is a risk management strategy employed to offset potential losses in investments by taking an opposite position in a related asset. In the context of energy commodities trading, hedging involves taking a position in a futures or options market to reduce the risk of adverse price movements of the underlying physical commodity, such […] Read More

Greenhouse gas emissions

Greenhouse Gas Emissions Greenhouse gas emissions refer to the release of gases into the Earth’s atmosphere that are capable of trapping heat and thus contributing to the greenhouse effect, which results in the warming of the planet. These gases include carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), and various fluorinated gases such as sulfur […] Read More

Glycerine

Glycerine, also known as glycerol, is a simple polyol compound. It is a colorless, odorless, viscous liquid that is sweet-tasting and non-toxic. It is widely used in pharmaceutical formulations, as a sweetener in the food industry, and as a humectant in moisturizers in cosmetics. Glycerine is also an important byproduct of the biodiesel manufacturing process. […] Read More

Global financial crisis

**Global Financial Crisis** The Global Financial Crisis (GFC), often referred to as the financial crisis of 2007-2008 or the Great Recession, was a severe worldwide economic crisis that occurred in the late 2000s. It was the most serious financial crisis since the Great Depression of the 1930s. The crisis began with the collapse of the […] Read More

Gas carriers

Gas carriers are specialized ships designed for the transportation of natural gas in its liquefied (LNG) or compressed (CNG) state. They are essential to the global energy supply chain, bridging the distance between gas production facilities and consumer markets. Gas carriers are equipped with sophisticated containment systems and safety measures that cater to the unique […] Read More

Feedstocks

Feedstocks are the raw materials that are processed in industrial operations to produce energy, fuels, and other chemical products. In the energy sector, feedstocks typically refer to the basic materials used in the production of energy commodities such as gasoline, diesel, jet fuel, heating oil, and petrochemicals. Common feedstocks include crude oil, natural gas, coal, […] Read More

Factoring program

Factoring Program A factoring program is a financial arrangement in which a business sells its accounts receivable (invoices) to a third party, known as a factor, at a discount. This allows the business to receive immediate cash, rather than waiting for the payment terms of the invoices, which could be 30, 60, or even 90 […] Read More

Export grade specifications

**Export Grade Specifications** In the context of energy commodities trading, “export grade specifications” refer to a set of quality and purity standards that a particular type of commodity, such as oil, natural gas, coal, or renewable fuels, must meet in order to be exported from one country to another. These specifications ensure that the commodity […] Read More

Esterification

Esterification is a chemical reaction in which an acid (often an organic carboxylic acid) and an alcohol combine to form an ester and water. This process typically involves the removal of a water molecule, which allows the remaining parts of the acid and alcohol molecules to join together. Esterification is a key reaction in organic […] Read More

European Emissions Trading Scheme

The European Emissions Trading Scheme (EU ETS), also known as the European Union Emissions Trading System, is a cornerstone of the European Union’s policy to combat climate change and a key tool for reducing industrial greenhouse gas emissions cost-effectively. Launched in 2005, it is the first and largest international system for trading greenhouse gas emission […] Read More

European Economic Area

The European Economic Area (EEA) is a partnership between the European Union (EU) members and three of the European Free Trade Association (EFTA) countries – Iceland, Liechtenstein, and Norway. It was established on 1 January 1994 following an agreement between the member states. The aim of the EEA is to extend the EU’s internal market […] Read More

EN14214

EN14214 is a European standard specifying the requirements and test methods for the production of fatty acid methyl esters (FAME) for use as a diesel fuel or as a blending component with diesel fuel. This standard ensures that the biodiesel produced is fit for purpose in terms of engine performance and emissions when used in […] Read More

Energy Transition

Energy Transition refers to the global shift from reliance on fossil fuels such as coal, oil, and natural gas towards more sustainable and renewable energy sources like solar, wind, hydroelectric, and geothermal power. This transition is driven by the need to reduce greenhouse gas emissions to combat climate change, improve energy security, and create a […] Read More

Economic sanctions

### Economic Sanctions: **Definition:** Economic sanctions are a form of punitive measure taken by one or more countries against a targeted country, group, or individual in an attempt to influence their behavior and policies by restricting trade and/or financial transactions. These sanctions can take various forms such as tariffs, trade barriers, import quotas, currency restrictions, […] Read More

Economies of scale

Economies of scale refer to the cost advantage that arises with increased output of a product. Essentially, as companies grow and the scale of their operations expands, they can usually produce goods or services more cheaply per unit. This reduction in cost is achieved through several factors, such as the ability to buy inputs in […] Read More