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Home2023January

Month: January 2023

Crude Oil News

A Dollar Collapse Is Now In Motion, Saudi Arabia Signals The End Of ‘Petro’ Status

January 27, 2023 Mariel Alumit

Authored by Brandon Smith via Alt-Market.us, The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and […]

Tesla
Electric Vehicles

The Squeeze Is On: Tesla Shares Rocket Higher, Now Up 20% In Two Days, MS Re-its “Top Pick”

January 27, 2023 Mariel Alumit

Tesla shares have continued to move sharply higher since the company’s earnings report this week, with shares now over 70% higher than recent lows that were made just weeks ago. Shares caught a tailwind when […]

Insecurity
Energy Crisis

Mapped: How the Energy Crisis Impacts Global Food Insecurity

January 27, 2023 Mariel Alumit

Mapped: How the Energy Crisis Impacts Global Food Insecurity Food insecurity occurs when an individual does not have access to the adequate quantity or quality of food they require to meet their biological needs. A […]

Chevron
Big Oil Companies

Chevron Reports Record Profits, $75 Billion Buyback; White House Fumes

January 27, 2023 Mariel Alumit

Chevron (CVX) posted mixed fourth-quarter results early Friday, missing on earnings views while topping revenue estimates. The energy giant reported record profits and cash flow for 2022, on top of its earlier announcement launching a massive […]

Crude Oil News

Brazilian deepwater field’s sale process winds down with total payment of nearly $2 billion

January 27, 2023 Mariel Alumit

Home Fossil Energy Brazilian deepwater field’s sale process winds down with total payment of nearly $2 billion Brazilian oil and gas company PRIO, formerly known as PetroRio, has paid almost $2 billion in total for […]

Indonesian
International News

Indonesian companies sign contract for offshore pipeline project

January 27, 2023 Mariel Alumit

Indonesian companies Hafar and Casakha have signed a contract to develop an offshore pipeline for the LPRO-NGLJ project. Illustration (Courtesy of Casakha) Casakha informed out that the design, engineering, and project management will start immediately at […]

TORM
International News

TORM buys seven LR1 tankers for $233 million

January 27, 2023 Mariel Alumit

Image credit TORM Danish tanker company TORM has entered into agreements to acquire a total of seven 2011-2013 built LR1 vessels. The company will spend $233 million on the acquisition. According to TORM, all the […]

Hydrogen

H2Carrier joins Ocean Hyway Cluster

January 27, 2023 Mariel Alumit

Norway’s network for hydrogen-based solutions for the maritime sector Ocean Hyway Cluster has welcomed H2Carrier AS, the designer and owner of the proprietary floating energy production and storage system P2XFloater™, to its cluster. Courtesy of […]

Offshore

Westwood: 2023 shaping up to be a busy year for offshore rigs with further boost in day rates

January 27, 2023 Mariel Alumit

Home Fossil Energy Westwood: 2023 shaping up to be a busy year for offshore rigs with further boost in day rates As rig activity stood out in multiple regions during 2022, Westwood Global Energy, an […]

Deutsche
Offshore

Deutsche ReGas hires S5 Agency World to manage shuttle tankers at Lubmin LNG terminal

January 27, 2023 Mariel Alumit

Home Clean fuel Deutsche ReGas hires S5 Agency World to manage shuttle tankers at Lubmin LNG terminal Port services provider S5 Agency World has entered into a contract with Deutsche ReGas to act as terminal […]

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