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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Mining
Commodities

Mining giant BHP says China and India growth will buoy demand despite profit drop

February 21, 2023 Mariel Alumit

Australian mining giant BHP is optimistic China and India’s growth will boost commodity demand, even as the company reported a steep drop in half-year profits. “We believe that Chinese growth and Indian growth are going […]

Mexican
Critical Minerals

Mexican President nationalizes lithium, hints at Elon Musk partnership

February 21, 2023 Mariel Alumit

Mexico City, Mexico — Mexican President Andrés Manuel López Obrador issued a decree to speed up nationalization of the country’s lithium reserves on Saturday and also teased a possible partnership with Tesla founder Elon Musk. In […]

California
Finance

California Public Employees Retirement System Makes New $3.82 Million Investment in Equitrans Midstream Co. (NYSE:ETRN)

February 21, 2023 Mariel Alumit

California Public Employees Retirement System bought a new position in shares of Equitrans Midstream Co. (NYSE:ETRN – Get Rating) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 511,267 shares […]

energy
Energy Storage

Diversifying a US$200 billion market: The alternatives to Li-ion batteries for grid-scale energy storage

February 21, 2023 Mariel Alumit

The global need for grid-scale energy storage will rise rapidly in the coming years as the transition away from fossil fuels accelerates. Energy storage can help meet the need for reliability and resilience on the […]

Shell
International News

Shell closes $2bn acquisition of Danish firm Nature Energy Biogas

February 21, 2023 Mariel Alumit

Shell’s wholly-owned subsidiary Shell Petroleum has closed the acquisition of Danish renewable natural gas (RNG) producer Nature Energy Biogas in a deal worth approximately $2bn. Denmark-based Nature Energy has been acquired from a consortium of institutional investors comprising Pioneer Point […]

Europe
Climate Crisis

How Europe Ditched Russian Fossil Fuels With Spectacular Speed

February 21, 2023 Mariel Alumit

(Bloomberg) — Europe’s most remarkable response to Russia’s war on Ukraine hasn’t been marshaling military equipment and billions of euros in aid. It’s been the unprecedented speed of an energy transition that in one year […]

energy
Energy Crisis

AlzChem : High energy prices and the difficult-to-understand implementation of EU regulations for chemicals continue to pose challenges for the integrated production of Alzchem Group AG

February 21, 2023 Mariel Alumit

High energy prices and the difficult-to-understand implementation of EU regulations for chemicals continue to pose challenges for the integrated production of Alzchem Group AG Caption from left to right: Hans-Michael Weisky, SPD town councilor, candidate […]

Biden
International News

Biden Admin Negotiates Deal To Give WHO Authority Over US Pandemic Policies

February 21, 2023 Mariel Alumit

Authored by Kevin Stocklin via The Epoch Times (emphasis ours), The Biden administration is preparing to sign up the United States to a “legally binding” accord with the World Health Organization (WHO) that would give […]

Markets
Finance

Retail Investors Pour $1.5 Billion Each Day Into US Markets, The Highest Amount Ever Recorded

February 21, 2023 Mariel Alumit

For much of the waning days of 2022, the broader theme in markets was a downbeat one, especially for one group of habitual gamblers investors: after a stellar 2021 when nothing made sense and the […]

Explosion
Climate Crisis

Explosion Rocks Ohio Metal Plant, Sending Large Plume Of Black Smoke Into Sky

February 20, 2023 Mariel Alumit

On Monday afternoon, a large explosion rocked a metal manufacturing plant just east of Cleveland, Ohio, sparking a fire and sending a massive column of black smoke into the sky. Fox News said the explosion […]

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