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Home2023February

Month: February 2023

Trader
Finance

Commodity Trader Trafigura Faces $577 Million Loss After Uncovering Nickel Fraud

February 9, 2023 Mariel Alumit

Trader discovered nickel cargoes that didn’t contain nickel Nickel and cobalt head Socrates Economou is leaving company Commodity trader Trafigura Group is facing more than half a billion dollars in losses after discovering metal cargoes it bought […]

Syria
Aljazeera International

Is politics hampering the delivery of aid to Syria after quakes?

February 9, 2023 Mariel Alumit

From: Inside Story Scenes of devastation are emerging after earthquakes struck Turkey and Syria. With thousands of people dead, rescue teams are working around the clock to find survivors. Humanitarian assistance is essential, particularly in […]

Syrians
Aljazeera International

Photos: Syrians in quake-hit Gaziantep displaced again

February 9, 2023 Mariel Alumit

Gaziantep, Turkey – For many Syrians living in Gaziantep in southeastern Turkey, the earthquakes that struck Turkey and Syria on Monday have awakened traumatic memories of the 12-year war in their homeland. Gaziantep is about […]

Carbon
EnergyNews

The World’s Largest Carbon Capture Plant Gets a Second Chance in Texas

February 9, 2023 Mariel Alumit

​Owners of the world’s largest carbon capture facility plan to restore operations at the $1 billion plant three years after it shut down, providing a test case for a nascent industry that experts believe is […]

Biden
EnergyNews

Biden Goes Off-Script to Concede Oil Demand Will Last for Years

February 9, 2023 Mariel Alumit

​President Joe Biden went off-script during an otherwise climate-friendly State of the Union speech Tuesday night to acknowledge an uncomfortable reality for the White House: “We’re still going to need oil and gas for a […]

Russia
EnergyNews

Russia says U.S. has questions to answer over Nord Stream explosions

February 9, 2023 Mariel Alumit

​ Russia’s foreign ministry said on Wednesday the United States had questions to answer over its role in explosions on the undersea Nord Stream gas pipelines last year. Commenting on a report published earlier on […]

Carbon
EnergyNews

Finding Concrete Solutions to Carbon Emissions – ENERGYminute

February 9, 2023 Mariel Alumit

​ Courtesy of ENERGYminute   See more articles and infographics from ENERGYminute HERE Courtesy of Flickr and Paint A new carbon-busting power couple was formed when two startups joined forces to trap carbon dioxide via direct air capture and […]

Oil
EnergyNews

Big Oil doubles Profits in Blockbuster 2022

February 9, 2023 Mariel Alumit

​ Big Western oil firms more than double profits to $219 bln Surge in revenue allows them to reduce debt Spending rises, climate targets pushed back LONDON, Feb 8 (Reuters) – Big Oil more than […]

oil
EnergyNews

Lost Russian oil revenue is bonanza for shippers, refiners

February 9, 2023 Mariel Alumit

​ Russian state oil revenues fall 40% on sanctions Tanker owners post record profits, traders and bankers say India, China get cheaper oil LONDON, Feb 8 (Reuters) – Western sanctions on Russia have significantly reduced […]

LNG
EnergyNews

With years of high prices ahead, LNG buyers covet long-term deals

February 9, 2023 Mariel Alumit

​ Summary Term contracts sought to avoid spot market volatility -buyers Supply relief not seen until 2026 with new U.S., Qatar volumes India, Bangladesh buyers eye more from Qatar, Australia, Brunei BENGALURU, Feb 8 (Reuters) […]

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