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Home2023July

Month: July 2023

Hawaii
Cyber Warfare

Cyber risk and the big picture

July 17, 2023 Mariel Alumit

As Bryan Tepper, Hawaii Electric’s CISO and Information Assurance Manager circa 2018, pointed out to me in an interview some years back: “the more advanced the system, the larger the attack surface becomes.” Our grid’s […]

Bank
Earnings

Bank Earnings And Inflation Start Earnings Season With A Bang

July 17, 2023 Mariel Alumit

Earnings season began last week, with 12 S&P 500 companies reporting. Banks and financial companies were a big part of the mix. Better news on consumer inflation (CPI) boosted stocks while lowering yields and expectations for […]

Texas
Energy Crisis

Renewables And Storage Got Texas’ Grid Through This Heat Wave. But The State Legislature Still Hasn’t Fixed Its Underlying Problems

July 17, 2023 Mariel Alumit

Last month, parts of Texas were hotter than 99% of the Earth and electricity demand reached new heights. But the lights stayed on, even though nearly 10 gigawatts (GW) of power were offline due to failures at coal and nuclear […]

New Mexico
Energy Transition

New Mexico energy transition proposal would violate ban on ‘fossil fuel development’

July 17, 2023 Mariel Alumit

After a long pause, New Mexico’s program to distribute grants under a landmark energy transition law is back on track, according to its lead convener. And an updated proposal from a New Mexico community college still […]

Is Natural Gas About to Become a Buyer’s Market?
Imports

EU CONSIDERS GAS IMPORTS FROM ARGENTINA, DOCUMENT SHOWS

July 17, 2023 Mariel Alumit

BRUSSELS, July 17 (Reuters) – The European Union is considering possible gas imports from Argentina, which is a net gas importer but plans to expand domestic production, a draft document showed. A draft memorandum of […]

SLB
Crude Oil News

SLB enacts worldwide ban on its Russian operations

July 17, 2023 Mariel Alumit

SLB, formerly known as Schlumberger, has announced it will be halting shipments of its products and technology into Russia from all its facilities around the globe. The firm said that this decision was made in […]

Economy
Finance

A Buoyant Global Economy Is Starting to Sag

July 17, 2023 Mariel Alumit

The global economy’s brief run of good luck may be ending. Manufacturing activity is weakening across the world. Europe slid into a mild recession earlier this year. China’s much-anticipated rebound from Covid-19 lockdowns is sputtering. Many emerging markets continue […]

energy
Energy Transition

How California can remove the hurdles delaying the state’s clean energy future

July 17, 2023 Mariel Alumit

Red tape has become an unwitting accomplice to climate change. Too often, clean energy projects needed to end our carbon dependence and protect our environment become bogged down by permitting and legal quagmires. This must […]

Shell
Exploration and Production

Shell Explores Selling Stake in Renewable Power Unit

July 17, 2023 Mariel Alumit

Shell Plc is exploring options for its global renewable power operations, including a potential stake sale to outside investors, people with knowledge of the matter said. The UK energy giant is working with advisers to […]

Aljazeera International

Sweden protester abandons plan to burn Torah and Bible

July 17, 2023 Mariel Alumit

Stockholm, Sweden – A man who was expected to burn the Torah and the Bible outside the Israeli embassy has abandoned the plan and held a demonstration against desecrating holy books. Ahmad Alloush, 32, pulled […]

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