by Carl Mueller | Jun 20, 2021 | News and Events
McKinsey has produced a new report for oil demand and price projections into 2025. While oil inventories remain high and volatility is expected to remain for several years, they expect usage to pick up to pre-COVID levels later this year or in 2022 at the latest: Oil...
by Carl Mueller | Apr 27, 2021 | News and Events
Most industry estimates peg energy as the largest single factor in pump life cycle cost — ranging from 40 percent to as high as 90 percent depending on the pump style and application. Pumps & Systems While US consumption of electricity dropped sharply in 2020 due...
by Carl Mueller | Apr 8, 2021 | Research
One of the harder hit process equipment sectors due to COVID is the severe service valve sector, according to Valve World. More specifically, they state that given current circumstances, projections will be difficult and will need to be updated frequently as the...
by Carl Mueller | Feb 7, 2021 | Document Control
Back in October 2020 as economies around the world appeared to be several months into reopening and kids were back at school, Gartner published an article detailing the 9 major trends they see occurring during 2021 regarding technology. Needless to say the effects of...
by Carl Mueller | Jan 1, 2021 | Document Control
Happy New Year! After a year dominated by COVID headlines, most people around the world wonder what 2021 has in store in terms of their health, the economy and where the world is headed in general terms. The International Energy Agency (IEA) currently projects that...