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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

California
EnergyNews

EV batteries getting second life on California power grid

February 7, 2023 Mariel Alumit

A view of the SEPV Sierra solar and storage facility owned by startup, B2U Storage Solutions, in Lancaster, California, U.S. in this handout photo taken in 2022. B2U Storage Solutions/Handout via REUTERS Feb 7 (Reuters) […]

BP
Big Oil Companies

BP Slows Retreat From Oil as Russia War Drives Record Profit

February 7, 2023 Mariel Alumit

BP Plc said it will cut oil and gas output more slowly this decade after the supply disruption caused by Russia’s invasion of Ukraine boosted prices and delivered record profits. While the British company said […]

Oil
Crude Oil News

Oil Extends Rebound as Saudi Arabia Bets on More Demand in Asia

February 7, 2023 Mariel Alumit

Oil rallied as Saudi Arabia signaled confidence in the demand outlook with a surprise boost in crude prices, while investors awaited comments on monetary policy from Federal Reserve Chair Jerome Powell. West Texas Intermediate futures […]

COP28
Climate Crisis

COP28 Chief’s Global Tour Begins With a Defense of Fossil Fuels

February 7, 2023 Mariel Alumit

Oil and gas will have a key role to play even as the world shifts to cleaner energy and climate talks should reflect the challenges of energy poverty, according to the president of this year’s […]

California
Energy Crisis

California’s Newsom Seeks Federal Probe Into Soaring Natural-Gas Prices

February 7, 2023 Mariel Alumit

​California Governor Gavin Newsom called for federal energy regulators to investigate a recent hike in natural gas prices that has resulted in sky-high utility bills. Newsom, a Democrat, asked the Federal Energy Regulatory Commission in […]

EnergyNews

Texas’ Largest Pension Divests From BlackRock to Comply With Law

February 7, 2023 Mariel Alumit

Texas’ biggest pension fund has divested its direct ownership stakes in BlackRock Inc. and several other financial firms to comply with a state law prohibiting investing in companies deemed to be discriminatory against the oil […]

Occidental
Earnings

Occidental’s CEO Says Stock Buybacks Take Priority Over Oil Growth

February 7, 2023 Mariel Alumit

Occidental Petroleum Corp. may redeem Berkshire Hathaway Inc.’s preferred stock this year as the oil giant prioritizes share buybacks over production growth, said Chief Executive Officer Vicki Hollub.“There won’t be significant growth from us because […]

Pervez
Aljazeera International

Pervez Musharraf, ex-military ruler of Pakistan, laid to rest

February 7, 2023 Mariel Alumit

Islamabad, Pakistan – Former Pakistani military ruler Pervez Musharraf, who backed the United States’ invasion of Afghanistan following the 9/11 attacks, has been buried at a cemetery in the southern city of Karachi with “full […]

Aljazeera International

Syria longs for international aid amid earthquake devastation

February 7, 2023 Mariel Alumit

The scale of the destruction in the aftermath of the earthquake that hit swaths of Turkey and Syria on Monday has been unprecedented, even for residents of the war-torn country. On the Syrian side, the […]

Aljazeera International

Mapping the 100+ aftershocks from the Turkey-Syria earthquake

February 7, 2023 Mariel Alumit

NewsMaps More than 5,000 people have been killed with tens of thousands injured across Turkey and Syria after a magnitude-7.8 earthquake and powerful aftershocks struck. The first earthquake hit at 4:17am (01:17 GMT) and was […]

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