• Title/Summary/Keyword: Oil and Gas Market

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Stock Investment of Agriculture Companies in the Vietnam Stock Exchange Market: An AHP Integrated with GRA-TOPSIS-MOORA Approaches

  • NGUYEN, Phi-Hung;TSAI, Jung-Fa;KUMAR G, Venkata Ajay;HU, Yi-Chung
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.113-121
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    • 2020
  • Multi-criteria stock selection is a critical issue for effective investment since the improper stock investment might cause many problems affecting investors negatively. Investors need a range of financial indicators while they are choosing the optimal set of stocks to invest. This study aims to rank the stock of agriculture companies indexed on the Vietnam Stock Exchange Market. The data of 13 agriculture companies during the 2016-2019 periods was analyzed by analytical hierarchy process (AHP) integrated with grey relational analysis (GRA), multi-objective optimization ratio analysis (MOORA), and technique for order performance by similarity to ideal solution (TOPSIS). The AHP method is employed to determine the weights of the proposed financial ratios, and GRA, TOPSIS, and MOORA approaches are used to obtain final ranking. The results indicated that HSL is the top stock with the highest rank and GRA, MOORA, and TOPSIS rankings have strong correlation values between 0.78-1. The findings suggest that the integrated model could be implemented effectively to specific analysis of industries such as oil and gas, textiles, food, and electronics in future research. Further, other techniques like COPRAS, KEMIRA, and EDAS could be employed to evaluate the financial performance of other companies to solve investment problems.

Systematic Approach to Involving the Tools of Digital Marketing as a Guarantee of the International Business Development

  • Chernenko, Oksana;Kovalchuk, Svitlana;Perevozova, Iryna;Fayvishenko, Diana;Zaburmekha, Yevgena
    • International Journal of Computer Science & Network Security
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    • v.22 no.2
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    • pp.311-317
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    • 2022
  • The research is devoted to the substantiation of the system approach to the involvement of digital marketing tools as a guarantee of international business development. It is proved that digital marketing, as a type of marketing based on the use of digital technologies allows to make a profit, to promote the brand, as well as goods and services in the market. The digital marketing toolkit system is a set of elements with existing relationships that ensure the effectiveness of the entire digital marketing, which in total is greater than its individual components. The implementation of a systems approach involves the implementation of the philosophy of digital marketing in general, its functions in the form of systems analysis, formation of strategic development goals and entry and promotion in the international market, preparation and implementation of tactical and strategic development plans.The use of such digital marketing tools as: content marketing, social media marketing, Email-marketing, targeted advertising, contextual advertising, media advertising, Search Engine Optimization, affiliate programs and the company's website is analyzed in detail.

Feasibility Evaluation & Strategy of Replacement of Power Generation Fuel by Using Bio-diesel (바이오 디젤의 발전용 연료화 타당성 평가)

  • Hur, Kwang-Beom;Park, Jung-Keuk;Rhim, Sang-Gyu;Lee, Jung-Bin
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.806-812
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    • 2009
  • Availability of reliable and affordable energy supply is a prerequisite for economic growth. Renewables are the third largest contributor to global electricity production after coal and natural gas and account for a share of 18%. Power generating capacity from renewables has increased to around 900GW by the year 2007. Today biodiesel fuels have been in commercial use in many countries and recently the world-wide biodiesel market has experienced considerable growth, which is partly due to various tax concession programs and other financial incentives. In Korea, biodiesel has already been used for transportation fuel, but not used for power generation fuel yet. Korean government has a strategy for renewable energy propagation, especially the goal of power generation amount by renewable energy is 3% of total power production by 2012. This paper focuses on the feasibility study for adaptability and strategy of using biodiesel as power generation fuel. The study also has the plan to replace the fuel of thermal power plant, gas turbine and distributed power system. As the increase of biodiesel fuel, I look forward to environment-friendly power generation and the strategy of Renewable Portfolio Standards(RPS).

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Feasibility Evaluation & Strategy of Replacement of Power Generation Fuel by Using Bio-diesel (바이오 디젤의 발전용 연료화 타당성 및 추진전략)

  • Hur, Kwang-Beom;Park, Jung-Keuk;Rhim, Sang-Gyu;Kim, Sung-Chul
    • New & Renewable Energy
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    • v.5 no.1
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    • pp.32-39
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    • 2009
  • Availability of reliable and affordable energy supply is a prerequisite for economic growth. Renewables are the third largest contributor to global electricity production after coal and natural gas and account for a share of 18%. Power generating capacity from renewables has increased to around 900GW by the year 2007. Today biodiesel fuels have been in commercial use in many countries and recently the world-wide biodiesel market has experienced considerable growth, which is partly due to various tax concession programs and other financial incentives. In Korea, biodiesel has already been used for transportation fuel, but not used for power generation fuel yet Korean government has a strategy for renewable energy propagation, especially the goal of power generation amount by renewable energy is 3% of total power production by 2012. This paper focuses on the feasibility study for adaptability and strategy of using biodiesel as power generation fuel. The study also has the plan to replace the fuel of thermal power plant, gas turbine and distributed power system. As the increase of biodiesel fuel, I look forward to environment-friendly power generation and the strategy of Renewable Portfolio Standards(RPS).

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Nano Particle Emission Charataristics of Biodiesel (바이오디젤의 미세입자 배출특성)

  • Song, Hoyoung;Lee, Minho;Kim, Jaigueon;Jung, Choongsub
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.11a
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    • pp.199.2-199.2
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    • 2010
  • Biodiesels are well-known as alternative fuels. also we know that biodiesels increase NOx and reduce PM(Particulate Matter) by previous many studies. But PM in most these studies was considered about the mass. In this study, We have performed experimental test for PM and exhaust emission by mixed ratio of biodiesel in heavy duty diesel engine. PM was investigated by The nano particle number and the mass. The mass of PM was evaluated by using the standard gravimetric method, The number of PM was evaluated by using the EEPS(Engine Exhaust Particle Sizer), on the ESC(European Steady Cycle) mode. Sampled gas through dilutor was directly extracted from tail pipe and EEPS measured diluted exhaust gas. Biodiesel is made up of used cooking oil. Diesel as base fuel was sold on market and contains 2% biodiesel. The mass of PM was reduced 10% and the nano particle number was increased 5%. The particle number less than 40nm was increased, but the particle number more than 40nm is decreased.

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Construction of an International Standard-Based Plant Data Repository Utilizing Web Services Technology (웹 서비스 기술을 활용한 국제 표준 기반의 플랜트 데이터 저장소의 구현)

  • Mun, Du-Hwan;Kim, Byung-Chul
    • IE interfaces
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    • v.23 no.3
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    • pp.213-220
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    • 2010
  • As the market becomes increasingly globalized and competition among companies increases in severity, various specialized organizations are participating across the process plant lifecycle, including the stages of design, construction, operation and maintenance, and dismantlement, in order to ensure efficiency and elevate competitiveness. In this regard, it is an important technical issue to develop services or information systems for sharing process plant data among participating organizations. ISO 15926 is an international standard for integration of lifecycle data for process plants including oil and gas facilities. ISO 15926 Part 7, a part of the ISO 15926 standard, specifies an implementation method called a facade that uses Web Services and ontology technologies for constructing plant data repositories and related services, with the aim of sharing lifecycle data of process plants. This paper discusses the ISO 15926-based prototype facade implemented for storing equipment data of nuclear power plants and servicing the data to interested organizations.

A study on the system of the power expansion planning (전력수급계획 수립 체계에 관한 고찰)

  • Han, Seok-Man;Kim, Jong-Hyuk;Chung, Koo-Hyung;Kan, Dong-Joo;Kim, Balho-H.
    • Proceedings of the KIEE Conference
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    • 2008.07a
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    • pp.564-565
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    • 2008
  • All over the world, energy environment dramatically changes because of highly oil price, global warming and reduction of greenhouse gas. The power sector is effected directly indirectly by these factors. Especially, the power expansion planning of power sector should adapt itself to new surroundings. This paper presents the new system of the power expansion planning that reflects Genco's needs, power market and variable conditions. This presented system would provide regulator and Gencos with useful information about a power planning.

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A Study on the Necessity for Energy Saving Techniques and Improvement of Dependability of Clean room (클린룸의 에너지 절약 기술 개발과 신뢰성 향상의 필요성에 관한 연구)

  • Kim, Jong-Gurl;Kim, Hyung-Man;Kim, Young-Sub;Kim, Jae-Kyu;Choi, Sung-Won;Cho, Gook-Hyung
    • Proceedings of the Safety Management and Science Conference
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    • 2008.11a
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    • pp.641-647
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    • 2008
  • Since korea must get 5.2% reduction of green gas emission and insecurity of economic impact is on the increase due to unstable oil market, the demands of energy saving techniques are increasing. In this paper, we investigate necessity of development of enormous energy used cleanroom energy saving techniques furthermore we also investigate the adoption of dependability management system to develop the energy saving cleanroom development process.

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A Study on Information Breakdown through the Analysis of Industrial Engineering EPC Business Process (산업설비 EPC 업무 분석을 통한 정보 분류 내역에 관한 연구)

  • Cho, Hang-Min;Song, Young-Woong;Choi, Yoon-Ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.167-172
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    • 2006
  • It follows recently in an order augmentation of overseas construction market plant field and the project of oil gas field is increasing. Consequently, the hazard which secures the competitive power of the overseas plant enterprise of the domestic building industry enterprises the technical competitiveness security which stands, productivity improvement and strategy management propulsion back positive disposal plan establishment are demanded. Even from in that oil gas field of overseas plant enterprise for an industrial competitive power improvement the application of EPC circulation information which relates with a project accomplishment is more demanded, the EPC phased star efficiently it manages the circulation information contents which occurs from the business which is various it is not presented it cannot there is a contents classification system for. If with him about lower the draft the problem point of information omission back of occurrence and business subject for of the fringe land and duplication business occurs, about lower the productivity decrease actual condition is appearing with such problem point. The research which it sees consequently in order to improve the use characteristic of the augmentation of practical application of the contents management system of oil gas field and building industry information civil official establishhes the contents management system the BPM for (Business Process Management) to present the contents classification system of base, it does to sleep. The part of Business Process materiality the knowledge which is demanded, contents information and system anger it analyzes system anger of industrial equipment circulation information it takes a triangular position and to sleep it does.

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The developments of heavy hydrocarbon reformer for SOFC

  • Bae, Jung-Myeon
    • Proceedings of the Materials Research Society of Korea Conference
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    • 2012.05a
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    • pp.58.2-58.2
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    • 2012
  • Heavy hydrocarbon reforming is a core technology for "Dirty energy smart". Heavy hydrocarbons are components of fossil fuels, biomass, coke oven gas and etc. Heavy hydrocarbon reforming converts the fuels into $H_2$-rich syngas. And then $H_2$-rich syngas is used for the production of electricity, synthetic fuels and petrochemicals. Energy can be used efficiently and obtained from various sources by using $H_2$-rich syngas from heavy hydrocarbon reforming. Especially, the key point of "Dirty energy smart" is using "dirty fuel" which is wasted in an inefficient way. New energy conversion laboratory of KAIST has been researched diesel reforming for solid oxide fuel cell (SOFC) as a part of "Dirty energy smart". Diesel is heavy hydrocarbon fuels which has higher carbon number than natural gas, kerosene and gasoline. Diesel reforming has difficulties due to the evaporation of fuels and coke formation. Nevertheless, diesel reforming technology is directly applied to "Dirty fuel" because diesel has the similar chemical properties with "Dirty fuel". On the other hand, SOFC has advantages on high efficiency and wasted heat recovery. Nippon oil Co. of Japan recently commercializes 700We class SOFC system using city gas. Considering the market situation, the development of diesel reformer has a great ripple effect. SOFC system can be applied to auxiliary power unit and distributed power generation. In addition, "Dirty energy smart" can be realized by applying diesel reforming technology to "Dirty fuel". As well as material developments, multidirectional approaches are required to reform heavy hydrocarbon fuels and use $H_2$-rich gas in SOFC. Gd doped ceria (CGO, $Ce_{1-x}Gd_xO_{2-y}$) has been researched for not only electrolyte materials but also catalysts supports. In addition, catalysts infiltrated electrode over porous $La_{0.8}Sr_{0.2}Ga_{0.8}Mg_{0.2}O_3-{\delta}$ and catalyst deposition at three phase boundary are being investigated to improve the performance of SOFC. On the other hand, nozzle for diesel atomization and post-reforming for light-hydrocarbons removal are examples of solving material problems in multidirectional approaches. Likewise, multidirectional approaches are necessary to realize "Dirty energy smart" like reforming "Dirty fuel" for SOFC.

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