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Home2023January

Month: January 2023

Electric
Rare Earth Minerals

Ivanhoe Electric ties up with Saudi Arabia’s Ma’aden

January 11, 2023 Mariel Alumit

​ Ivanhoe Electric (NYSE America, TSX: IE), the latest endeavour of mining magnate Robert Friedland, is joining forces with Saudi Arabian miner Ma’aden to explore for metals considered key for the world’s energy transition. The companies are […]

Chevron
Crude Oil News

Chevron’s first cargo of Venezuelan oil after license departs to U.S.

January 11, 2023 Mariel Alumit

(Reuters) – Chevron Corp’s first cargo of Venezuelan crude after a U.S. license received in November has departed from a ship-to-ship transfer hub near Aruba to its Pascagoula, Mississippi refinery, according to shipping data seen by […]

Price
International News

Trafigura sells out of Russia-backed Indian refiner Nayara Energy

January 11, 2023 Mariel Alumit

Trafigura said it had completed the sale of its “indirect minority interest” in Nayara Energy to Hara Capital Sarl, a wholly-owned subsidiary of Mareterra Group Holding formerly known as Genera Group Holding. NEW DELHI:Trafigurahas sold […]

hypothetical
Crude Oil News

The Real Motives Behind The Anti-Fracking Movement

January 11, 2023 Mariel Alumit

Here’s a hypothetical for your consideration: an anonymous country: 1) controls a great deal of oil and natural gas production, 2) seeks to increase market share to influence geopolitics, 3) identifies a threat to sole […]

Price
International News

India may exempt 30 GW of solar plants from equipment duty: sources

January 11, 2023 Mariel Alumit

In March 2021, the government announced 25 per cent basic customs duties on solar photovoltaic cells and 40 per cent on solar photovoltaic modules with effect from April 1, 2022 in order to block Chinese […]

Trade
Zero Edge

War In Ukraine: Hunting For The Mega Trade

January 11, 2023 Mariel Alumit

By Russell Clark of The Capital Flows and Asset Markets Substack   I get asked a lot about whether I am going to go back to the asset management industry. The temptation is strong. Lets […]

Japan
International News

US-Japan Talks / Countries To Strengthen Nuclear Cooperation, Including Small Modular Reactors

January 11, 2023 Mariel Alumit

The US and Japan have agreed to strengthen cooperation on developing and constructing next-generation advanced reactors, including small modular reactors, “within each country and third countries”. Japan’s industry minister Yasutoshi Nishimura and US energy secretary […]

Green
Hydrogen

Green ammonia used in new ship design to supply and store H2

January 11, 2023 Mariel Alumit

Louis Dreyfus Armateurs has developed an innovative vessel design. The French shipowner’s unique vessel, which it developed through its Louis Dreyfus Ports and Logistics (LDPL), is capable of storing and supplying H2 using green ammonia technology. The […]

Korean
Investments

White House touts biggest single investment in US solar energy by Korean company

January 11, 2023 Mariel Alumit

Korean solar power company Hanwha Q Cells will spend more than $2.5 billion to expand its Dalton, Ga., facility, the largest one-time investment in solar manufacturing in U.S. history, Biden administration officials announced Tuesday. White House officials […]

bp
Renewables Not Sustainable

bp starts construction on new solar project in Ohio

January 11, 2023 Mariel Alumit

bp announced today its 134MWdc (107MWac) Arche Solar project in Fulton County, Ohio is beginning construction, helping support the global transition to lower carbon energy. Arche is expected to create around 200 US jobs across the supply chain during […]

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