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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Trump
Geopolitical

Here’s Why Trump Just Claimed Credit For “Killing” Nord Stream II

November 1, 2024 Mariel Alumit

He wanted to dispel whatever doubts some undecided voters might still have about his ties to Russia by reminding them that he imposed sanctions against that megaproject, which debunked the Democrats’ Russiagate claims and were […]

Texas Oil Port
Top News

Biden Administration Endorses Approval of Texas Oil Port

November 1, 2024 Mariel Alumit

The Environmental Protection Agency has given its blessing for a proposed Texas oil port capable of exporting 1 million barrels of oil a day, even as the terminals face increasing scrutiny from environmental activists, progressive […]

Saudi Arabia Is Turning Oil into AI Gold: Power Plans, Energy Mix, and Budget Dynamics
Finance

Saudi Arabia May Cut Oil Prices for Asian Buyers Next Month

November 1, 2024 Mariel Alumit

Saudi Arabia may reduce the official selling prices for most of its oil grades for Asian buyers next month, Reuters has reported, citing sources from the refining industry. Based on a poll conducted among six of […]

Data centers
Electrical Generation / Utilities

Data centers account for half of US clean energy procurement but only 20% in Europe: report

November 1, 2024 Mariel Alumit

The rising energy demands of global data centers are driving shifts toward renewable power sourcing with US data centers accounting for half of total US corporate clean energy procurement, but only around 20% in Europe, […]

Missouri
Climate Crisis

Small Missouri Town Forced To Evacuate After EV Battery Recycling Plant Catches Fire

November 1, 2024 Mariel Alumit

A toxic smoke fire at a lithium-ion battery recycling facility forced resident evacuations in a small town in southeast Missouri.”​ A fire at a battery recycler resulted in the forced evacuation of residents near a […]

Atlantic LNG shipping rates
International News

Atlantic LNG shipping rates dip to just $18,250 per day

November 1, 2024 Mariel Alumit

Last week, LNG shipping rates continued to slide in both basins. “Spark30S Atlantic rates have dropped to record lows, reducing by $2,500 to $18,250 per day” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. […]

Saudi Aramco
Downstream

Saudi Aramco eyes oil, petrochemicals investments in Vietnam

November 1, 2024 Mariel Alumit

Saudi Aramco is looking to invest in oil refining, petrochemicals, and oil product distribution in Vietnam, PetroVietnam said Oct. 30, a day after both state-owned companies had inked a collaboration framework agreement on oil and […]

Oil
Crude Oil News

Australia Tax Overhaul Brings in Billions From Big Oil

November 1, 2024 Mariel Alumit

Australia’s state coffers have seen a record-high tax haul from the oil industry following amendments to tax legislation that companies used to claim higher costs and lower taxes. For fiscal 2022-23, the Australian Tax Office […]

Africa Oil
Crude Oil News

Africa Oil secures regulatory approval for enlargement and offshore license extension in Nigeria

November 1, 2024 Mariel Alumit

Canadian oil and gas company Africa Oil Corp. has received a set of clearances from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) – one for the amalgamation of its wholly owned subsidiary Africa Oil Papa […]

DOE
Grid

US DOE Awards $473.6 Million More for Grid Resilience Projects

November 1, 2024 Mariel Alumit

The U.S. Department of Energy (DOE) has awarded $473.6 million in grid resilience grants to 49 states, five territories, 254 Tribal Nations, and the District of Columbia. The Grid Resilience State and Tribal Formula Grants […]

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