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Home2023November

Month: November 2023

MOL’s
International News

MOL’s huge LNG carrier fleet continues to grow

November 14, 2023 Mariel Alumit

MOL’s huge fleet of liquefied natural gas carriers continues to expand and the Japanese shipping giant currently has more than 30 LNG vessels on order. The company’s CEO, Takeshi Hashimoto, and CFO, Hisashi Umemura, discussed […]

California leads the United States
EIA News

Global natural gas market well supplied for winter, but risks remain, EIA analysis finds

November 14, 2023 Mariel Alumit

November 14, 2023 Data source: U.S. Energy Information Administration Relatively full natural gas inventories in the United States and Europe and expanded global liquefied natural gas (LNG) export and import capacity have improved the likelihood […]

NERC
Coal

DO WE FACE ELECTRICITY SHORTAGES THIS WINTER? NERC ISSUES 2023-2024 WINTER RELIABILITY ASSESSMENT

November 14, 2023 Mariel Alumit

The North American Electric Reliability Corporation (NERC) is responsible for reducing risks to the reliability of the electric power grid in the U.S., Canada, and a tiny part of Mexico.  NERC is overseen by the Federal […]

ENB Podcast

ENB # 152 Tucker Perkins, CEO, Critical issues around low-cost reliable energy and solutions to a net zero goal

November 14, 2023 Mariel Alumit

Energy poverty is a real thing. We have to look at solutions that take care of the environment while providing low-cost energy for humanity. I just had the opportunity to visit with leaders from Africa […]

Gas
Geopolitical

Who Is The Main Beneficiary Of The Gas Hub In Turkey?

November 14, 2023 Mariel Alumit

Energy researcher Irina Mironova writes that a Turkish gas hub where Russian natural gas can be traded is becoming a tangible reality, with the project’s launch planned for 2024. However, the primary purpose will not be to maintaining […]

offshore
Offshore

Cape Codders say no to offshore wind transmission lines under their beaches

November 14, 2023 Mariel Alumit

BARNSTABLE — The scene at Barnstable High School on a recent Monday night felt like a homecoming rally — all anxious energy, cheers, and hugs. A crush of bodies flooded the hallway as revelers greeted […]

Oil
Energy Crisis

Without Crude Oil There Would Be No Need for Electricity

November 14, 2023 Mariel Alumit

Everything that needs electricity is made from petrochemicals manufactured from crude oil. Most of the products that did not exist before the 1800’s are made from petrochemicals manufactured from crude oil.  To date, we have […]

Exxon
Big Oil Companies

Exxon to start lithium production for EVs in the US by 2027

November 14, 2023 Mariel Alumit

HOUSTON, Nov 13 (Reuters) – Exxon Mobil (XOM.N) said on Monday it plans to start producing lithium from subsurface wells by 2027 to provide supplies of the key metal used in electric-car batteries and advanced electronics. Oil […]

Chinese
Finance

Chinese yuan beats Euro, is 2nd most used currency in global payments system SWIFT

November 14, 2023 Mariel Alumit

As of September 2023, the yuan accounted for 5.8% of international payments, up from 4.82% in August, which is the highest share the Chinese currency has held in the last five years, according to SWIFT […]

LNG
International News

Capital Product Partners shifts focus to LNG in $3.1bn deal for 11 newbuilds

November 14, 2023 Mariel Alumit

Greek owner Capital Product Partners has entered into an umbrella agreement with Capital Maritime and Capital GP for the acquisition of 11 newbuild LNG carriers from the Evangelos Marinakis-led company for a total acquisition price of […]

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