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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

California
Electrical Generation / Utilities

Column: An open letter to Californians: A high-utility-bill explanation, and a path to a smarter energy future

February 1, 2023 Mariel Alumit

Dear Californians, I just love your state. It has everything.  It is home to Bugs Bunny, sourdough bread, Silicon Valley, Death Valley, the Valley, Redwood forests, deserts, ski resorts, endless beaches, the accidental Salton Sea, a vast […]

Exports

McDermott joins in on Greece-Africa interconnector project

February 1, 2023 Mariel Alumit

McDermott and Eunice Energy Group have signed a memorandum of understanding (MoU) to cooperate on a 2 GW electrical interconnector between Greece and Egypt. Eunice Energy Group is leading the transnational consortium between Greece and […]

US
ENB Pub Note

‘We Found No Misuse Of US Funds In Ukraine’, US Treasury Says (With Straight Face) – long term energy price impact

February 1, 2023 Mariel Alumit

ENB Publisher Note: The corruption in Ukraine will impact global energy prices for decades.  And now for some Tuesday humor, brought to you by the US Treasury Department, which sees no indication whatsoever that US […]

Virginia
Electrical Generation / Utilities

Advocates, Dominion clash again over utility reform legislation in Virginia

February 1, 2023 Mariel Alumit

​That familiar sound reverberating throughout the Virginia Capitol this legislative session is the clash of opposing bills targeting the perennial issue of electric utility rates. Environmental advocates are championing a measure called the Affordable Energy […]

Sebi
International News

Sebi meets ratings firms over Adani companies

February 1, 2023 Mariel Alumit

Assessors including Crisil, the local arm of S&P Global Ratings, made a presentation to Sebi in recent days, said the people, who declined to be identified as the discussions were private. Markets regulator Sebi met […]

companies
International News

JSPL, NTPC and Vedanta among 59 companies that submitted bids for 36 coal blocks

February 1, 2023 Mariel Alumit

This is the highest ever bids received since the launch of commercial coal mines auction in the year 2020, the ministry said, adding, a “total of six public sector companies had submitted the bids in […]

Department
Finance

US Job Opening Far Lower Than Reported By Department Of Labor, UBS Finds

February 1, 2023 Mariel Alumit

When it comes to labor market data (or rather “data”), Biden’s labor department is a study in contrasts (and pats on shoulders). One day we get a contraction in PMI employment (both manufacturing and services), […]

Iran
Geopolitical

Iran, Russia Integrate Banking Systems To Bypass Sanctions

February 1, 2023 Mariel Alumit

Via The Cradle, A top Iranian official announced this week that Iran and Russia had integrated their interbank communication and transfer systems to help enhance trade and financial operations in an effort to bypass strict […]

Crypto

Big-Tech, Bitcoin, and Bullion Best January In Decades; Yield Curve Crashes To Record Inversion

January 31, 2023 Mariel Alumit

January saw the return of the “QE trade”… or more appropriately, a de-hawking of The Fed as the narrative rapidly shifted from hyped-inflation and growth scares to ‘soft landing’ and Fed-Pause/Pivot… and everything’s awesome. Overall […]

OPEC
Crude Oil News

‘OPEC does not control the price’: OPEC President

January 31, 2023 Mariel Alumit

Ministers from the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, will meet virtually on February 1. The meeting comes as the price of oil has rallied towards $90 a barrel. […]

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