Connect with us

Business

A Comprehensive Guide on Natural Gas and its Production

Natural gas is the fossil energy that we get in abundance from the earth’s surface. Consisting of several components, methane is the largest comp….

Published

on

A Comprehensive Guide on Natural Gas and its Production

Natural gas is the fossil energy that we get in abundance from the earth’s surface. Consisting of several components, methane is the largest component in natural gas with small amounts of natural gas liquids, four hydrogen atoms, one carbon atom, and non-hydrocarbon gases. Natural gas is widely used in making chemicals, materials and majorly for fuel. 

As natural gas is an economical fuel resource, it is widely in demand in various industries and other commercial use. Platforms like Utility Bidder are often used by businesses to search for efficient natural gas suppliers to achieve economies of scale by lowering down fuel expenses. 

The remains of animals and plants are deposited on the earth’s surface from millions of millions of years ago to form a thick layer on ocean floors and the earth’s surface. These remains are sometimes also mixed with calcium carbonate, sand, and salt and buried for several thousand years resulting in hydrogen and carbon-rich materials like petroleum, coal, and natural gas. 

Advertisement

How does natural gas form?

The marine plants and animals are buried under the ocean floor which is covered with sand and silt over time. These remains are buried deeper and deeper over the thousand years. The enormous pressure and heat transform these remains into natural gas and oil. When we drill down the layers of silt and sand, we can extract natural gas from various rock formations.

Also Read: Diversity Has Come into the Workplace

Where do we find natural gas?

Natural gas is found in abundance in the layers of overlying rocks. It is known as conventional natural gas. The natural gas that occurs in the tiny pores within the sedimentary rocks like shale and sandstone is referred to as unconventional natural gas. 

Advertisement

The deposit of crude oil also forms the natural gas known as associated natural gas. Hence, the natural gas deposits are found deep under the ocean floor and on land. 

How do Geologists search for natural gas?

Geologists locate the geologic formation by analyzing the structure of the earth. They find out the possible geologic formations that contain natural gas. Seismic surveys are used for identifying the right areas for natural gas in oceans and on land areas.

If the results of the seismic analysis are positive, an exploratory well is drilled out to assess the quality and quantity of the natural gas available in the given resource.

Advertisement

How it is drilled out?

Once the results from the tests are affirmative, natural gas wells are drilled down horizontally and vertically for extraction. Conventional natural gas floats up naturally to the wall surfaces. In countries like the United States, natural gas is formed by forcing chemicals, sand, and water under the high pressure known as fracking or hydraulic fracturing. 

Once the natural gas is extracted, it is sent to the processing plants to remove the components like non-hydrocarbon and water vapours. The separated NGL (natural gas liquid) is processed further to dry to transform into pipeline quality natural gas. 

Chemicals like odorants are added further to the natural gas to detect pipeline leakage. Dry natural gas is sent to the distribution companies to reach the final consumers. 

Advertisement

Passionate news enthusiast with a flair for words. Our Editorial Team author brings you the latest updates, in-depth analysis, and engaging stories. Stay informed with their well-researched articles.

Net Worth

Pavel Durov Net Worth 2024: How Much is the Russian-born Emirati Entrepreneur Worth?

Published

on

Pavel Durov Net Worth 2024: How Much is the Russian-born Emirati Entrepreneur Worth?

Who is Pavel Durov?

Pavel Valeryevich Durov, born on October 10, 1984, is a Russian entrepreneur renowned for founding the social networking site VK and the Telegram Messenger. He is the younger sibling of Nikolai Durov. After stepping down as CEO of VK in 2014, Pavel, along with his brother, led a nomadic lifestyle in self-imposed exile, holding citizenship from Saint Kitts and Nevis. He is recognized for his contributions to the tech industry and his advocacy for user privacy.

Pavel Durov Career?

Durov’s journey in the tech industry began in 2006 when he co-founded VKontakte (VK), inspired by Facebook’s success. Under his leadership, VK flourished, reaching a valuation of $3 billion. However, conflicts with Russian authorities over user data led to his departure from VK in 2014. Subsequently, he focused on Telegram, emphasizing privacy and security, earning him acclaim as a tech visionary.

Pavel Durov’s Net Worth

As of 2024, Pavel Durov’s net worth is estimated to be an impressive $17 billion. His wealth stems from his pioneering work with Telegram and VK, propelling him into the upper echelons of the tech industry. Durov’s success serves as an inspiration for aspiring entrepreneurs worldwide.

Advertisement

Pavel Durov Age?

Pavel Durov, born on October 10, 1984, is currently 39 years old. Despite his relatively young age, he has achieved remarkable success in the tech world, demonstrating his entrepreneurial prowess and innovative thinking.

Pavel Durov Family: Parents

Pavel Durov’s father, Valery Semenovich Durov, is a distinguished academic with a Doctorate in Philological Sciences. His grandfather, Semyon Petrovich Tulyakov, was a decorated World War II veteran. Durov’s family background reflects a tradition of intellectual and academic excellence.

Pavel Durov Height and Weight

As of 2024, Pavel Durov stands at 5 feet 10 inches (178 cm) tall and weighs approximately 163 pounds (74 kg). His physique, along with his intellect and entrepreneurial acumen, contributes to his charismatic presence and success in the business world.

Advertisement

Also Read: Nasser Al-Khelaifi Net Worth 2024: How Much is the President of Paris Saint-Germain Worth?

Continue Reading

Business

Wow! Momo secures Rs 70 crore funding from Z3 Partners for expansion

Published

on

By

Food chain Wow! Momo raises Rs 70 crore from Z3Partners

Quick-service restaurant chain Wow! Momo has secured Rs 70 crores from Z3Partners in an extension to their latest funding round following Rs 350 crores from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia. Wow! Momo operates three brands – Wow! Momo, Wow! China, and Wow! Chicken.

CEO Sagar Daryani expressed gratitude stating, “We have been consistent and resilient…this round of investors have shown in us fortifies our faith and further motivates us to be change-makers.” Launched in 2008, Wow! Momo has 600 outlets in 38 cities and ventured into the FMCG sector along with their QSR vertical.

Managing Partner at Z3Partners, Rishi Maheshwari, praised Wow! Momo saying, “Wow! Momo is a reflection of the vibrant entrepreneurial landscape in the country…building a high-quality food business at scale, fuelled by superior execution expertise.” This funding round totals over Rs 480 crores, with Rs 270 crores via primary infusion and Rs 210 crores through a secondary purchase from early-stage investors.

Wow! Momo’s growth trajectory has been impressive with a strong presence in multiple cities. This latest funding will further solidify its position in the market and support its expansion plans. Sagar Daryani and the team at Wow! Momo are optimistic about the future and grateful for the support shown by investors.

Continue Reading

Business

UP now boasts the largest number of Geographical Indication-tagged items in the country.

Published

on

By

UP now has the most GI-tagged items in the country

Varanasi, April 17 (IANS) – Six more products from Uttar Pradesh have been granted the Geographical Indication (GI) tag, including the famous ‘Tirangi Barfi’ of Kashi, a tricoloured sweet symbolic of the Quit India Movement. The GI Registry awarded the certification on Tuesday, bringing the total number of GI-tagged products in Uttar Pradesh to 75, making it the state with the most GI products in India.

The newly certified products in Uttar Pradesh also include Banaras Metal Casting Craft, Lakhimpur Kheri Tharu Embroidery, Bareilly Cane and Bamboo Craft, Bareilly Zardozi Craft, and Pilkhuwa Hand Block Print Textile. According to GI expert Padma Shri Rajnikant, “Two renowned products from Varanasi, the Tirangi Barfi and Metal Casting Craft, were granted GI certification on Tuesday.” Rajnikant, the general secretary of the Human Welfare Association, has been instrumental in securing GI tags for 148 producers across 14 states and Union Territories.

Rajnikant highlighted the crucial role played by the National Bank for Agriculture and Rural Development (NABARD) Uttar Pradesh, Lucknow office in supporting these six GI tags. He emphasized that this achievement strengthens Uttar Pradesh’s position as the leading state in GI products. In 2008-09, the state had only one GI product, the ‘Allahabad Surkha Amrood.’ With 75 GI products now, Uttar Pradesh continues to lead in this area.

The GI tags not only recognize the unique identity and qualities of these products but also provide protection against imitation and unauthorized use. These certifications also help in promoting traditional craftsmanship and skills, thereby boosting the local economy and preserving the cultural heritage of the region. Tamil Nadu follows Uttar Pradesh with 58 GI products, reflecting the rich cultural diversity and heritage of various states in India.

Continue Reading

Trending

This will close in 10 seconds