KBC Appoints Peter Stewart to Market Services Division

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KBC Advanced Technologies plc (KBC) announces the appointment of Peter Stewart to its KBC Market Services division.

KBC Advanced Technologies plc (KBC) announces the appointment of Peter Stewart to its KBC Market Services division.

Mr Stewart brings over 25 years of experience in crude oil and oil product prices, pricing mechanisms in commodities, and quantitative and technical market analysis to KBC. Previously a director of Platts, he joins KBC as a Principal Consultant in our oil markets analysis team.

Prior to arriving at KBC, Peter worked for nearly 20 years of his career at Platts; his most recent post was Director of Markets and Pricing, where he was responsible for global energy price assessment processes across the range of commodities, including oil, gas, petrochemicals, coal, power, emissions, renewable energies, metals, and steel.

While with Platts, Peter covered the oil markets in Europe, the Americas, Asia, and the Middle East. His roles also included Oil Director for Europe, Africa, Middle East, Russia and Central Asia and manager of the news and price assessment teams in the European region. Peter has edited “Platts Analytics” and held various other senior positions with Platts around the world. He also served with Reuters news agency from 1987-1991. Stewart holds a Diploma in Technical Analysis of Markets from the Society of Technical Analysts, and he graduated in 1982 from Emmanuel College, Cambridge, where he majored in Arabic.

Over the last two years, the KBC Market Services division has completed over 20 due diligence-related engagements for refiners, investment banks, and other financial institutions with a global geographic spread. This is in addition to the retained client base of around 60 of the world’s leading oil and energy companies served on a daily basis. “We have been looking to enhance our product offerings and coverage by adding to the group’s capabilities with the sort of qualities that Peter brings. His breadth of experience and knowledge of the oil and products markets will deepen our insight into the risks and price drivers affecting the market – enabling us to strengthen our research efforts in this area,” Mike Lazer, Manager of the KBC Market Services division, commented. “We are pleased to welcome Peter to our team.”

About KBC:

KBC Advanced Technologies plc, a leading independent consulting, process engineering and software group, delivers improved operating performance to the oil refining, petrochemical, and other process industries worldwide. We provide process consulting, strategic planning advice, energy price forecasting and market analysis, economic studies, capital project services, and training to help clients achieve their business objectives and improve their competitive position. Our human performance improvement division provides organisational effectiveness services, training programs, operations manuals, and personnel development services. KBC consultants recommend changes for material and measurable improvements in profitability. To assist clients in realizing such improvements, KBC provides implementation services and software solutions, including the KBC SIM models and Petro-SIM™ for process optimisation, and energy optimisation software packages. Formed in 1979, KBC has offices in the UK, USA, Canada, Singapore, the Netherlands, the Russian Federation, China, and Japan. For more information, visit http://www.kbcat.com.

Contacts for KBC Advanced Technologies plc

Business Relations

Mike Lazer

Tel: +44 0 1932 242424    

Corporate Communications

Tamra Daniels

Tel: +1 281 293 8200

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