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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

SM Energy
Finance

SM Energy to buy XCL’s Uinta assets for $2 bln, shares slump

July 1, 2024 Mariel Alumit

June 27 (Reuters) – SM Energy (SM.N), opens new tab said on Thursday it had agreed to buy some shale assets of oil and gas producer XCL Resources for about $2 billion, extending its footprint in the […]

Trans Mountain Oil Pipeline
Crude Oil News

Trans Mountain Oil Pipeline Off to a Solid Start

July 1, 2024 Mariel Alumit

The Trans Mountain pipeline delivered enough crude oil to load 20 tankers from Canada’s Pacific Coast in the first full month of operations of the expanded link, just below the company’s expectations, Reuters reported on Monday, citing […]

Climate Crisis

The Global Political Season and It’s Impact On Energy

July 1, 2024 Mariel Alumit

The Global Political Season and It’s Impact On Energy A global geopolitical election season is happening, and energy policies will change. David Blackmon, Irina Slav, Tammy Nemeth, and Stu Turley cover the change in the […]

Chinese coal terminals
Coal

Chinese coal terminals ‘bursting at the seams’

July 1, 2024 Mariel Alumit

High rainfall, increased hydropower, and preparation for the hot summer months are all contributing to very full coal terminals up and down the Chinese coastline. “Port storage is bursting at the seams, and it appears […]

Solar and Wind
AI

Will Evil Google’s AI Demands Exact A High Price from New Yorkers Who Foolishly Went for Solar and Wind? Could Be!

July 1, 2024 Mariel Alumit

I received a very interesting email yesterday from a reader. It suggested Google, which already has roughly 40 data centers around the world, may be planning another in the vicinity of Spring City, Chester County, Pennsylvania […]

CNOOC
International News

CNOOC launches China’s largest LNG storage base

July 1, 2024 Mariel Alumit

China National Offshore Oil Company (CNOOC) has launched what it says is China’s largest LNG storage base at its Binhai LNG import terminal in Jiangsu. According to a statement by CNOOC Gas & Power, six […]

HEH
International News

HEH kicks off construction of Germany’s first onshore LNG import terminal

July 1, 2024 Mariel Alumit

Germany’s Hanseatic Energy Hub has officially started building its Stade LNG import terminal near Hamburg worth about 1 billion euros ($1.07 billion). This is Germany’s first onshore LNG terminal. According to a statement by HEH, […]

bp
Big Oil Companies

bp and partners set to develop green hydrogen in Egypt

July 1, 2024 Mariel Alumit

bp has joined forces with Masdar, Hassan Allam Utilities and Infinity Power to explore green hydrogen development in Egypt. The newly established consortium has signed a Framework Agreement with the Egyptian Government to evaluate the […]

price cap
International News

‘The energy price cap households could have had at £1,071’

July 1, 2024 Mariel Alumit

Energy bills are set to decrease by 7% on 1st July as the new Ofgem price cap takes effect. However, campaigners have stated that this figure could be £500 lower if measures had been implemented […]

CMA CGM
International News

CMA CGM adds another LNG-powered containership to its fleet

July 1, 2024 Mariel Alumit

The 13,000-teu LNG-powered containership, CMA CGM Belem, has joined CMA CGM’s large fleet of LNG-fueled vessels. China’s Hudong-Zhonghua said in a statement it has handed over the LNG-powered containership to the French shipping giant on […]

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