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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Price
Investments

Dow Jones Breaks Support As President Biden Makes This Debt-Ceiling Move; Elon Musk Says Tesla Will ‘Try’ This

May 17, 2023 Mariel Alumit

Dow Jones futures rose slightly early Wednesday, along with S&P 500 futures and Nasdaq futures, with Target and Dynatrace reporting. Tesla (TSLA) rose overnight after holding its annual shareholder meeting, but not offering a lot […]

Chevron
CCUS

World’s biggest carbon capture plant running at one third capacity, Chevron Australia reveals

May 17, 2023 Mariel Alumit

United States oil and gas giant Chevron has acknowledged its flagship carbon capture and storage project off Australia’s north-west coast is operating at just a third of its capacity as problems bedevil the facility. The […]

JAPAN
ESG

JAPAN EMBRACES G7’S GAS SUPPORT BUT COMPANIES MAY FACE LONG-TERM PROBLEMS

May 17, 2023 Mariel Alumit

TOKYO, May 17 (Reuters) – Japan’s energy companies were quick to embrace the G7’s support for natural gas investment in their statement last month but analysts caution that relying on the fossil fuel may open […]

Crude Oil News

Inflation starts to ease in the shale patch

May 17, 2023 Mariel Alumit

US oil and gas producers are finally seeing some relief from soaring inflation, but any cost savings are likely to be put back into shareholder returns rather than invested in production growth. During first quarter […]

U.S
Crypto

U.S. crypto firms set sail to Bermuda amid dark and stormy US regulatory environment

May 17, 2023 Mariel Alumit

A regulatory crackdown on crypto has U.S. firms like Coinbase eyeing the crypto-friendly Bermuda. Bermuda has licensed companies like Block and Circle since it established a digital asset framework in 2018. As the regulatory environment […]

French
Electrical Generation / Utilities

French energy report seeks return of “energy sovereignty”

May 17, 2023 Mariel Alumit

On 30 March, the French Parliament published a report entitled “D’enquête visant à établir les raisons de la perte de souveraineté et d’indépendance énergétique de la France” or “Inquiry aimed at establishing the reasons for the loss of sovereignty and […]

California
Electrical Generation / Utilities

California could face $50B price tag by 2035 to prepare grid for DERs, study finds

May 17, 2023 Mariel Alumit

Dive Brief: Preparing California’s grid to manage an influx of distributed energy resources could cost approximately $50 billion in the service territories of its three investor-owned utilities by 2035, barring additional measures to reduce costs or […]

Oklahoma
Crude Oil News

Oklahoma says 13 major financial institutions are boycotting the oil and gas industry

May 17, 2023 Mariel Alumit

Oklahoma’s state treasurer has issued a list of 13 financial institutions that he says are boycotting Oklahoma’s oil and gas industry and shouldn’t be allowed to do business with the state. Last year, lawmakers targeted financial […]

Nato
Geopolitical

Nato fears Russia may have laid mines on critical European undersea infrastructure points

May 17, 2023 Mariel Alumit

Russia may have already mined Europe’s critical underwater infrastructure, NATO representatives fear, as its intelligence chief warned on Wednesday Russia may sabotage them to punish Western nations for supporting Ukraine. The alliance is seeking to boost efforts to protect undersea […]

EnergyNews

Minneapolis climate equity action plan: How is the city approaching climate justice? 

May 17, 2023 Mariel Alumit

​ The city of Minneapolis’ newly released draft of the Climate Equity Action Plan seeks to address the climate inequities that many of Minneapolis’ BIPOC and lower-income communities face. Environmental advocates, many of whom were part of […]

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