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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

EnergyNews

Vital Energy Announces Midland Basin Acquisition

February 15, 2023 Mariel Alumit

TULSA, OK, Feb. 14, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital” or the “Company”) today announced the signing of a definitive purchase and sale agreement to acquire the assets of Driftwood Energy […]

Earnings

COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2022 FINANCIAL AND OPERATING RESULTS

February 15, 2023 Mariel Alumit

FRISCO, TX, Feb. 14, 2023 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2022. Highlights Generated free […]

Texas
Climate Crisis

Texas Probes Targa’s Failure to Swiftly Report Big Gas Release

February 15, 2023 Mariel Alumit

Texas is investigating why pipeline operator Targa Resources Corp. failed to report an unexpected release of tons of natural gas within 24 hours, as required by state regulations. Targa disclosed the incident two weeks after it happened and […]

Electric
Electric Vehicles

Electric Vehicle Sales Top $1 Trillion in Wake-Up Call for Carmakers

February 15, 2023 Mariel Alumit

​Global spending on electric vehicles is surging. According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. […]

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 […]

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