Tag: energy
How does crude oil form
Joy -
Crude oil is a valuable resource that is used to produce a variety of products, including gasoline, diesel fuel, jet fuel, and plastics. But...
What is refining of petroleum
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Petroleum refining is the process of converting crude oil into refined products that are used in our daily lives, such as gasoline, diesel, jet...
How is gas made from oil
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Oil and gas are both fossil fuels that are formed from the remains of dead organisms over millions of years. While they are both...
How do they build oil rigs in the ocean
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Oil rigs are an essential part of the global energy infrastructure, providing a platform for extracting crude oil and natural gas from beneath the...
What are petroleum products
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Petroleum products, also known as fossil fuels, are a group of hydrocarbon-based substances that are derived from crude oil. These products are some of...
What crude oil is used for
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Crude oil is a naturally occurring liquid made up of hydrocarbons and other organic compounds that are extracted from the earth's surface through drilling....
Bitcoin mining costs down to $13,000! Will the value of the currency also go down?
jack wei -
Jpmorgan analysts say the cost of producing Bitcoin has fallen to about $13,000, so does that mean the price will follow suit?According to a...
Bitcoin nears $23,000 Ethereum surges 17%! Driving the related cryptocurrency concept stocks up
jack wei -
Bitcoin (BTC) has finally staged a stronger rally in recent days, trading at $22,886, up 9.12% in the last 24 hours and at its...
European Central Bank: Bitcoin and other PoW coins should be taxed on carbon transactions or mining should be banned
jack wei -
The ECB yesterday published a report on Proof of Work (PoW) blockchain, which was highly critical of bitcoin and other related PoW coins.The report...
Introduction to Crude oil Futures
jack wei -
March 26, 2018, in Shanghai, the Shanghai futures exchange, the international energy trade center officially listed.So what are crude oil futures, and how should...
Kazakhstan raises taxes on cryptocurrency miners! Electricity tariffs will be increased by up to 10 times
jack wei -
Kassym-Jomart Tokayev, the president of Kazakhstan, the third largest mining country, recently signed a tax reform bill to raise electricity tax rates for cryptocurrency...
Silver prices are affected by what factors
jack wei -
What factors affect silver price: 1. Silver production Silver is also based on supply and demand.When silver production increases dramatically, silver prices naturally fall...