10.08.2013
Those branches of technology that are concerned with teh production, conversion, storage, distribution and utilisation of energy.
Part of the economy applied to energy problems. It takes into account teh analysis of energy supply and demand as well as the implementation of the means for ensuring coverage of teh energy needs in a national as well as an international context.
29.07.2013
21.07.2013
Sulphur compounds can be present (usually in low ppm levels) in natural gas; e.g. mercaptans, carbonyl sulphide, carbon disulphide, sulphur dioxide. These have to be removed from the sales gas.
17.07.2013
04.07.2013
28.06.2013
In accounting, a contingent asset is defined as a possible asset that is based on past events, and the existence of which depends on uncertain future events that can’t be controlled by the company.
The classic example of a contingent asset is a lawsuit filed by a company for damages incurred in the past, which is still being debated and the result is unknown.
According to the rules of accounting, contingent assets are not recognized in financial statements, unless the realization of the profit is virtually certain. Based on this approach, the contingent asset must be disclosed only if the odds of realizing it are probable. This disclosure is required, for instance, following an insurance event that grants a company the right to indemnity, but which does not provide absolute certainty about the receipt of indemnity or its extent, even though the probability of receiving it is higher than 50%.