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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Oil
Crude Oil News

OPEC+ To Leave Oil Production Quotas Unchanged

February 2, 2023 Mariel Alumit

The Joint Ministerial Monitoring Committee of the OPEC+ group recommended that no changes be made to oil production quotas. The decision was not a surprise, with Putin and MBS having discussed OPEC+ cooperation just days […]

winter
Energy Crisis

EU must extend gas demand curbs to prepare for next winter -think tank

February 2, 2023 Mariel Alumit

OSLO, Feb 2 (Reuters) – The European Union should extend a target to cut gas demand in response to lost supply from Russia by at least six months to October this year to ensure there […]

Geopolitical

Germany In Talks For $18BN National Missile Defense Shield After Poking The Bear With Tanks

February 2, 2023 Mariel Alumit

Now finding itself a leading European decision-maker when it comes to provocative actions such as NATO allies sending main battle tanks for Ukraine, Germany is all too aware it is poking the Russian bear. And […]

Russia;
Energy Crisis

Escobar: A Panicked Empire Tries To Make Russia “An Offer It Can’t Refuse”

February 2, 2023 Mariel Alumit

Authored by Pepe Escobar via The Cradle, Realizing NATO’s war with Russia will likely end unfavorably, the US is test-driving an exit offer. But why should Moscow take indirect proposals seriously, especially on the eve […]

Korea
Geopolitical

N Korea says US drills pushing situation to ‘extreme red-line’

February 2, 2023 Mariel Alumit

North Korea has lambasted South Korea and the United States over their joint military exercises, saying the drills have pushed the situation on the Korean peninsula to an “extreme red line” and have threatened to […]

Adani
International News

Banks pocket $12 million in fees in Adani’s mega share sale

February 2, 2023 Mariel Alumit

The fees are equivalent to around 0.5 per cent of the 200 billion rupees raised in Adani Enterprises Ltd.’s offering, said the people, who asked not to be identified as the information is private. Investment […]

Rare Earth Minerals

Copper price falls as China’s reopening boost loses power

February 1, 2023 Mariel Alumit

​The copper price retreated on Wednesday as weak demand offsetted speculative bets that the end of China’s Covid Zero policy will reignite growth. Copper for delivery in March fell on the Comex market in New […]

Lithium
Rare Earth Minerals

American Lithium estimates almost $600m in annual cash flow for Tonopah 

February 1, 2023 Mariel Alumit

​Analysts say American Lithium‘s (TSXV: LI; NASDAQ: AMLI) Tonopah project in Nevada could run at world-beating costs based on a new study including the sale of by-product magnesium. The operating cost of the Tonopah Lithium […]

Camino
Rare Earth Minerals

Camino to partner with Japan’s Nittetsu at Los Chapitos copper project in Peru

February 1, 2023 Mariel Alumit

​Camino Corp. (TSXV: COR) has signed a letter of intent to partner with Japan’s Nittetsu Mining Co. at its Los Chapitos copper exploration project in Peru. Nittetsu currently operates the Atacama Kozan copper mine located […]

BP’s CEO Plays Down Renewables Push as Returns Lag
Big Oil Companies

BP’s CEO Plays Down Renewables Push as Returns Lag – Translation: “Investors Expect Returns and Renewables Are Not Profitable”

February 1, 2023 Mariel Alumit

LONDON—BP PLC BP 0.58%increase; green up pointing triangle Chief Executive Bernard Looney plans to dial back elements of the oil giant’s high-profile push into renewable energy, according to people familiar with recent discussions. Mr. Looney has said he is disappointed in the […]

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