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Home2023January

Month: January 2023

Rare Earth Minerals

Weaker consumer confidence dents plug-in electric vehicle uptake

January 27, 2023 Mariel Alumit

​ Near-term macroeconomic conditions could slow the uptake of plug-in electric vehicles, but strong sales growth will persist through the medium term, an industry event heard this week in Vancouver. Capitalight Research MD Tom Brady […]

ESG
ESG

Good ESG practices lead to better operational, stock performance

January 26, 2023 Mariel Alumit

​We encounter the effects of climate change more and more every day. For example, in Turkey, we are experiencing a winter without snow on New Year’s Eve. Despite this, people still do not think about […]

British
International News

British Columbia First Nations forge partnership to participate in Seabridge Gold’s KSM project

January 26, 2023 Mariel Alumit

​British Columbia’s Tahltan Nation and Nisg̱a’a Nation announced Thursday that they have joined together in a new partnership that brings new life to a historic and centuries-old Peace Treaty, through the Treaty Creek Limited Partnership. […]

Freeport
Exports

Freeport LNG Terminal Approved For Partial Restart

January 26, 2023 Mariel Alumit

US natural gas futures erased some losses but still hovered sub $3 per million British thermal units after federal regulators approved Freeport LNG’s request for a partial restart of operations at the liquefied natural gas […]

Valero
Downstream

Valero profit beats estimates on higher fuel demand, tight supplies

January 26, 2023 Mariel Alumit

Jan 26 (Reuters) – Valero Energy Corp (VLO.N) zoomed passed Wall Street estimates for quarterly profit on Thursday, wrapping up the refiner’s best year on record, boosted by higher demand for fuel and healthy refining margins […]

Big Oil Companies

Big Oil Faces Headwinds After Record $199 Billion Profit Haul

January 26, 2023 Mariel Alumit

Exxon Mobil Corp., Chevron Corp., Shell Plc, TotalEnergies SE and BP Plc reaped almost $200 billion collectively last year but fears of an economic slowdown, plunging natural gas prices, cost inflation and uncertainty over China’s […]

U.S
EnergyNews

U.S. natgas plunges 7% to 21-month low ahead of expiration, Freeport delays

January 26, 2023 Mariel Alumit

The price drop occurred the day before the expiration of the February contract as the front-month on the New York Mercantile Exchange, when volatility often peaks because trading volumes are low. In 2022, gas prices […]

2023
Rare Earth Minerals

2023 is ‘likely to surprise’ us as much as 2022 did, finds White & Case survey

January 26, 2023 Mariel Alumit

​Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there is surprisingly little agreement on […]

Stocks
Investments

Bonds and Bullion Drop, Stocks and Dollar Pop On Hawkish Rate-Hike-Odds Shift

January 26, 2023 Mariel Alumit

A slew of ‘hard’ data beats (GDP, Dur Goods, New Home Sales) and solid labor market data (Initial Claims), reinforced the odd decoupling between ‘soft’ survey data and the actual macro data from the US […]

Rare Earth Minerals

How wildcat mining is behind the Yanomami crisis in Brazil

January 26, 2023 Mariel Alumit

​The images that circulated around the world of the Yanonami people suffering from malnutrition and hunger are the result of years of advancing wildcat mining in the Amazon rainforest. The Brazilian government last week declared […]

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