DNV GL to Change Name

Norway-based risk management and quality assurance company DNV GL will change its name to DNV on March 1, 2021. The classification society, providing services to offshore and maritime industries, among others, has had the current name since the 2013 merger between DNV (Det Norske Veritas) and GL (Germanischer Lloyd).  "The name simplification is a natural... Continue Reading →

Oil Rises to 11-month High

Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia's plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand. Brent crude was up 79 cents, or 1.4%, at $56.45 a barrel by 1:38 p.m. EST (1838 GMT) after touching its highest level since... Continue Reading →

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