The BP Statistical Review of World Energy, 2012 - the 61st annual report launched two days ago - highlights disruptions to supplies and ever-increasing demand as the two big energy stories of 2011.
In the foreground, the ‘Arab Spring’ affected oil and gas supplies—most notably the complete, albeit temporary, loss of Libyan supply—while the tragic Fukushima accident in Japan had knock-on effects for nuclear and other energy sources around the world. These shocks pushed energy prices higher in much of the world, with oil prices reaching a record average of over $100 per barrel (bbl) for the first time in history.
Meanwhile, the background long-term trends continue, with global energy consumption growth of 2.5%, near the historical average, and the emerging economies continuing to expand their share of the total. OECD countries’ energy demand actually shrank by around 0.8% last year, while growth of 5.3% was seen in emerging economies.
“As we seek to manage short-term disruptions and meet long-term demand, we should remember that open markets can be a powerful ally,” said Bob Dudley, BP Group Chief Executive at the launch of the Review.
Nike Ambassador 11
ARC Advisory Group, a market research and analyst firm to the global automation, manufacturing, and infrastructure sectors, will hold its third annual China Forum, June 20-21, 2012 at the China National Conventional Center in Beijing. Co-located with the FA/PA Show, ARC’s Third China Forum is supported by Vogel Media and Hannover Milano Fair.
NEWS RELEASE – June 13, 2012 – National Instruments today released six Drivven C Series engine control modules, which provide engine researchers with rugged, modular engine-specific I/O for interfacing directly with internal combustion engine subsystems and actuators. Using these modules, which are programmed with LabVIEW FPGA, engineers can rapidly prototype engine control algorithms without having to create custom hardware or request lengthy code changes.
MatrikonOPC™ has expanded the functionality of its OPC Server for Allen Bradley by adding the support for Rockwell®’s EN2T communication card, bit writes, and revamped graphical user interface. With the newly added features, the MatrikonOPC Server for Allen-Bradley® provides users with a comprehensive connectivity package for all Allen-Bradley PLCs in one OPC Server and an optimized workflow, all of which makes configuration and maintenance faster and more intuitive.