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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Crude Oil News

WATCH: Saipem’s recently named jack-up rig leaves shipyard ahead of new gig

March 20, 2023 Mariel Alumit

Home Fossil Energy WATCH: Saipem’s recently named jack-up rig leaves shipyard ahead of new gig A 300-ft jack-up drilling rig built by CIMC Raffles has joined the fleet of Italy’s contractor Saipem, following a naming […]

Geopolitical

Saudi King Invites Iranian President To Visit For 1st Time In 25 Years

March 20, 2023 Mariel Alumit

After striking their historic peace deal which was mediated by China in Beijing over a week ago, Iran and Saudi Arabia continue to make strikes toward full normalization of ties, after being archenemies for decades […]

US
Finance

“US Banking Will Be Forever Changed”

March 20, 2023 Mariel Alumit

By Eric Peters, CIO of One River Asset Management “What is our total exposure?” I had asked our COO as the Silicon Valley Bank run was intensifying, two Thursdays ago. All our client money is […]

Climate Crisis

Minnesota agency retools to ‘meet the moment’ on climate, clean energy

March 20, 2023 Mariel Alumit

​ A state agency with a leading role in Minnesota’s clean energy transition is reorganizing to help the state implement its new 100% clean energy law and capitalize on a coming flood of federal spending. […]

Bankruptcy

UBS Agrees to Buy Rival Credit Suisse

March 19, 2023 Mariel Alumit

By Andrew Ross Sorkin, Michael J. de la Merced and Maureen Farrell Andrew Ross Sorkin, Michael de la Merced and Maureen Farrell cover global finance from New York and London. UBS has agreed to buy Credit Suisse, its beleaguered […]

Finance

Stockman On Washington’s Panicked Bailout Of Bank Deposits… Here’s What Comes Next

March 19, 2023 Mariel Alumit

Authored by David Stockman via InternationalMan.com, Why would you throw-in the towel now? We are referring to the Fed’s belated battle against inflation, which evidences few signs of having been successful. Yet that’s what the […]

Finance

UBS’s potential takeover of Credit Suisse: What you need to know

March 19, 2023 Mariel Alumit

NewsBusiness and Economy Multinational investment bank UBS has reportedly asked the Swiss government to cover about $6bn in costs if it was to buy rival Credit Suisse. Authorities are scrambling to resolve a crisis of […]

Crude Oil News

Goldman Sachs No Longer Sees Oil Reaching $100 This Year

March 19, 2023 Mariel Alumit

Goldman Sachs Group Inc., one of the most bullish banks on its outlook for oil, has nudged its forecasts down as worries over the banking sector and the potential for recession outweigh a surge in […]

Big Oil Companies

Haaland criticized over ‘difficult’ choice on Willow project

March 19, 2023 Mariel Alumit

​ WASHINGTON (AP) — In early March, President Joe Biden met with members of Alaska’s bipartisan congressional delegation as they implored him to approve a contentious oil drilling project in their state. Around the same […]

EnergyNews

How does Norway export its natural gas? But more importantly; to who?

March 18, 2023 Mariel Alumit

​OSLO, March 17 (Reuters) – Norway exported more than 120 billion cubic metres (bcm) of gas in 2022, mainly via pipelines, making it Europe’s largest gas supplier following a drop in Russian flows last year. […]

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