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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Biden
Energy Policy

Biden Earmarks Billions for Rooftop Solar Under Climate Law

February 15, 2023 Mariel Alumit

The Biden administration laid out plans to steer $7 billion toward residential and community solar projects in disadvantaged communities, while signaling it intended to widely distribute roughly $20 billion from last year’s climate law to […]

Oil
Crude Oil News

Oil Slumps as US Stockpiles Seen Swelling and Dollar Advances

February 15, 2023 Mariel Alumit

​Oil fell as an industry estimate pointed to another major build in American inventories and the dollar gained, with investors assessing the outlook for even tighter US monetary policy to combat sticky inflation. West Texas […]

Oil
Crude Oil News

IEA Boosts Global Oil Demand Forecast as China’s Economy Reopens

February 15, 2023 Mariel Alumit

​The International Energy Agency boosted forecasts for global oil demand as China reopens its economy following years of anti-Covid lockdowns.The agency raised global demand estimates by a hefty 500,000 barrels a day for the first […]

EnergyNews

Larry Fink Says Private Companies Create Structural ESG Problem

February 15, 2023 Mariel Alumit

​BlackRock Inc. Chief Executive Officer Larry Fink said the prevalence of private companies in supply chains has created a “structural problem” that means it’s not feasible to have corporations report all their ESG risks.The comments […]

Exxon
CCUS

Exxon to use Honeywell carbon capture tech at hydrogen facility

February 15, 2023 Mariel Alumit

NEW YORK, Feb 15 (Reuters) – Exxon Mobil Corp (XOM.N) will use technology from Honeywell International Inc (HON.O) to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said. Honeywell said the technology would enable […]

Pipeline
Energy Crisis

Gas Pipeline Restart Is Set to Bring Price Relief to California

February 15, 2023 Mariel Alumit

​A key pipeline supplying natural gas to California is returning to service, signaling some price relief after an 18-month interruption that helped propel a surge in heating and power costs in the state.Kinder Morgan Inc.’s […]

aluminum
Commodities

Weak Chinese demand pushes aluminum price to five-week low

February 15, 2023 Mariel Alumit

​Aluminum prices fell to a five-week low on Wednesday due to weak demand in China and a rapid buildup of inventories in exchange warehouses. Benchmark aluminum on the London Metal Exchange was up 0.1% at $2,411 […]

Gold
Finance

Gold price continues slide after strong US retail, inflation data

February 15, 2023 Mariel Alumit

Gold prices slid to more than a one-month low on Wednesday, weighed down by a stronger dollar as better-than-expected US economic data raised worries that the Federal Reserve could hike interest rates further. Spot gold […]

Rare Earth Minerals

Amplats’ first female CEO leaves to join Newmont as COO

February 15, 2023 Mariel Alumit

Anglo American Platinum (Amplats) announced on Wednesday that its first female chief executive officer, Natascha Viljoen, is leaving the company after three years to join Newmont Mining (NYSE: NEM)(TSX: NGT), the world’s largest gold producer. […]

energy
ESG

Perovskite-based windows allow for massive energy savings – study

February 15, 2023 Mariel Alumit

New research by the National Renewable Energy Laboratory found that the use of thermochromic windows in office buildings improves energy efficiency across all climate zones in the United States by modulating the temperature inside, leading […]

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