Oil Steady, Supply Outlook Unclear
, or 0.1 percent, to $51.96 per barrel on its last day as the front-month. "Implied U.S. output increases...will offset a significant portion of the planned OPEC production cuts especially since we don't anticipate sustained strong compliance," Jim Ritterbusch, president of Chicago-based energy advisory firm Ritterbusch & Associates, said in a note. "While adherence to (OPEC) cutbacks could be quite high initially, we will be surprised by compliance much above 60 percent by the end of the first quarter as (U.S.) shale responds to a higher price environment," Ritterbusch said
DNV GL to Address Challenges in the Power Systems Industry at CIGRE
DNV GL (uniting DNV, KEMA, Garrad Hassan and GL Renewables Certification), a leading global energy advisory and independent testing authority will offer key insights into the most pressing issues facing the energy industry today and in the future at the CIGRE session for electric power systems in Paris between the 25th and 29th of August 2014 (stand number 355). “At a time of great change and innovation for global power systems, DNV GL will provide stakeholders at CIGRE with the opportunity to learn about solutions, best practices and innovations that address the challenges and
Jose Femenia Named Consultant at UtiliVisor
Jose Femenia, former Head of Engineering and Director of the Master of Marine Engineering Program at the United States Merchant Marine Academy, has been named a consultant at utiliVisor. UtiliVisor is an energy advisory firm that offers comprehensive energy monitoring and analysis services for the marine industry, providing accurate, reliable solutions to boost the fuel efficiency of vessels. Mr. Femenia will serve as a technical advisor for utiliVisor clients on shipboard propulsion and power systems. “Jose’s background at the U.S. Merchant Marine Academy and as a
February 2024
