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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Crude Oil News

Forget Shale: Canada’s Oil Sands Are Having Their Moment

June 25, 2024 Mariel Alumit

Canada’s oil sands were once the high-cost, dirty and unloved sibling to America’s fast-growing shale. Not any more. Oil-sands producers have been among the top-performing companies in the energy sector over the past year. Shares […]

Oil
Crude Oil News

EU Sanctions 17 Ships that Carried Oil for Russia

June 25, 2024 Mariel Alumit

The European Union placed sanctions on more than two dozen vessels, including 17 that hauled oil for Moscow. The sanctions follow similar steps taken by the UK, which included so-called dark fleet ships on a list of […]

Fervo Energy
Geothermal

Fervo Energy Announces 320 MW Power Purchase Agreements with Southern California Edison

June 25, 2024 Mariel Alumit

World’s largest geothermal PPAs highlight increasing utility demand for clean, reliable next-generation geothermal energy HOUSTON, TX (June 25, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal energy, announced today the execution of two power […]

Lufthansa
Climate Crisis

German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs

June 25, 2024 Mariel Alumit

German airline company Lufthansa Group said Tuesday it would add an “environmental cost surcharge” to ticket prices as soon as this week, which could be as high as 72 euros ($77) for some flights. “The surcharge is […]

Covestro
Big Oil Companies

Covestro Enters Formal Talks on Takeover Offer by ADNOC

June 25, 2024 Mariel Alumit

Covestro AG said it’s entering concrete negotiations with suitor Abu Dhabi National Oil Co. on a potential takeover that could value the German chemical company at about €11.7 billion ($12.5 billion). The Middle Eastern energy […]

Microgrid
Grid

First Nations Community-Owned Microgrid Launched in Australia

June 25, 2024 Mariel Alumit

In the remote Barkly region of Australia’s Northern Territory, about halfway between Alice Springs and Darwin, sits the small First Nations outstation of Marlinja. Home to roughly 60 people, the outback community recently celebrated the […]

Russia
Geopolitical

Chinese energy firm packs its bags to join the exodus from Russia

June 25, 2024 Mariel Alumit

China-based provider of clean energy services Wison New Energies has signaled its intention to suspend all current and future Russian operations. This decision comes shortly after the Group of Seven (G7) accused China of ‘enabling’ […]

US Supreme Court
Energy Policy

US Supreme Court to hear NEPA case with implications for oil, gas projects

June 25, 2024 Mariel Alumit

The US Supreme Court June 24 agreed to hear a case questioning how far federal agencies’ must go in considering the upstream and downstream environmental impacts of their actions, in litigation with potential consequences for […]

ExxonMobil
Big Oil Companies

ExxonMobil allies with Air Liquide for its low-carbon hydrogen project in Texas

June 25, 2024 Mariel Alumit

U.S. energy major ExxonMobil and French industrial gas supplier Air Liquide have entered an agreement that is expected to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility, in the […]

GTT
Finance

GTT bags order for 10 giant LNG carriers

June 25, 2024 Mariel Alumit

French LNG containment giant GTT has secured an order from China’s Hudong-Zhonghua for ten 271,000-cbm liquefied natural gas carriers. GTT said in a statement that each of the very large LNG vessels will have five […]

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