Energy: bridges to a sustainable future

This section focuses on three essential pillars: Oil and Gas, highlighting innovations and challenges in extraction and processing; Marine and Inland Waterway Terminals, addressing the importance of these infrastructures in the energy supply chain; and Energy Transition / New Energies, exploring the move towards renewable sources and sustainable solutions. This compendium seeks to inform, inspire and provoke reflection on the global energy present and future, highlighting the interconnection between tradition and innovation on the road to sustainability.

Industrial Transformation: Exploring New Horizons and Success Stories in Construction, Mining and Aerospace

Explore the Industry section, where technical articles delve into Construction, Mining and Aerospace, highlighting innovations, challenges and opportunities. Designed to offer insights into the evolution toward efficiency, sustainability and technological advancement, this area highlights the path of innovation and progress in the industrial arena.

Construction

Mining

Aerospace

Vanguard in Mechanical Integrity: A Commitment to Excellence

Explore Mechanical Integrity: a comprehensive guide to asset durability and safety through advanced techniques and non-destructive testing. We provide in-depth engineering, regulatory, reliability, and corrosion solutions, supported by case studies and state-of-the-art technology to optimize industrial performance.

Non-Destructive Testing (NDT)

Corrosion and Materials

Study cases

Technology

Leading with Efficiency: Integrated Management Strategies

Dive into our Management section, where we cover everything from quality to innovation in talent management, operations, and safety. With a focus on soft skills, financial and project management, this area offers insights and strategies to lead teams and projects to success, ensuring a safe work environment and promoting operational excellence in the dynamic business world.

Quality Management

New Approaches

Soft Skills

Human Talent Management

Operations Management Safety, Health and Environment (HSE)

Health, Safety and Environment (HSE)

Financial management

Project management

Connect and Grow: Joining Voices in the Inspenet Community

Within the vibrant Inspenet community, we invite you to explore a collaborative space full of forums, podcasts, and newsletters. Dive into the Inspenet Wall, discover our Inspenet Brief magazine, and connect with exclusive content from allies and partners. This section is designed to encourage the exchange of ideas, experiences and knowledge, strengthening your professional network and enriching your career in the industry.

Forums

Podcast (Coming soon)

Inspenet Brief

Inspenet Wall

Content Allies and Collaborators (Coming soon)

Progress in the peace talks between Russia and Ukraine lowers the price of oil

Inspenet.

March 17, 2022

Share on social networks

By: Dr. Franyi Sarmiento, PhD., Inspenet, March 17, 2022.

The international price of oil closes a new day down due to the advances in the peace talks between Russia and Ukraine. The price of WTI oil ended the day on March 16 with a decrease of 1.5% to close at USD 95.04 a barrel.

WTI continues to lose ground due to progress in the peace talks between Russia and Ukraine and due to the increase in crude oil inventories in the United States.

Compania japonesa encarga 50 autos voladores a Embraer

Robot trepador de paredes para inspeccion de buques obtiene aprobacion de ClassNK

El robot Atlas de Boston Dynamics volvio repotenciado

Un robot que salta asteroides supero prueba de viaje con gravedad cero

%C2%BFCuanto costaran los robots de Tesla El mismo Elon Musk revelo el precio

Japanese company orders 50 flying cars from Embraer

Wall Climbing Robot for Ship Inspection Gets ClassNK Approval

Boston Dynamics’ Atlas robot returned repowered

A robot that jumps asteroids passed a zero-gravity travel test

How much will Tesla robots cost? Elon Musk himself revealed the price

Oil contracts have been in constant fluctuations for more than two weeks and reached their peak on March 8, when they settled at USD 123.70 a barrel. The price escalation began after Russia’s invasion of Ukraine on February 24, and gained strength with the sanctions that the United States and other countries imposed on Russia, a country that is one of the largest oil and gas producers in the world. The sanctions have disrupted the trade of some five million barrels a day of oil from Russia.

Several factors are driving the turnaround in oil prices, including hopes for a peace deal between Russia and Ukraine. Another factor is the dim signs of progress between the United States and Iran in resurrecting a 2015 deal, which would allow Iran to export oil.

In addition, Chinese demand is expected to slow due to a rise in coronavirus cases in that country. Although the latest figures show a lower number of new Covid cases in China.

Another factor is the growth of US inventories by 4.3 million barrels, when they were expected to fall.

For its part, the S&P 500 index of the New York Stock Exchange closed higher on March 16, after a day shaken by the rise in interest rates by the United States Federal Reserve. The Federal Reserve announced a quarter point increase in its overnight benchmark interest rate, just as the market expected. But the projection that its interest rate will be between 1.75% and 2% by the end of the year has surprised by its harshness. The S&P 500 was up 96.45 points, or 2.26%, near the close, while the Nasdaq gained 491.50 points, or 3.80%. The Dow Jones Industrial Average rose 521.10 points, or 1.55%.

Source: Primicias.ec: https://www.primicias.ec/noticias/economia/petroleo-baja-conversaciones-rusia-ukrania/