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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

ExxonMobil
Big Oil Companies

Big Oil Saw Record $199Bn Profits In 2022 But 2023 Will Be Different

January 30, 2023 Mariel Alumit

ExxonMobil, Chevron, Shell, TotalEnergies, and BP reaped almost $200 billion collectively last year but fears of an economic slowdown, plunging natural gas prices, cost inflation and uncertainty over China’s re-opening are dimming the outlook for […]

nuclear
International News

Residual value of nuclear fuel to be an economic disruptor of shipping

January 30, 2023 Mariel Alumit

Tomorrow’s challenges for shipping are not just about the environment, but also about the economics of our industry. Shipping is the most fiercely competitive industry we know, and for a long time, we have been […]

Tesla
Electric Vehicles

Tesla ‘spontaneously’ caught fire on highway in Sacramento County: officials

January 30, 2023 Mariel Alumit

SACRAMENTO, Calif. (KRON) — A Tesla was in flames after the car’s battery compartment “spontaneously” caught fire on Highway 50, the Sacramento Metropolitan Fire District said on Twitter. Crews used approximately 6,000 gallons of water to […]

global
Energy Transition

Green tech geopolitics: China and the global energy transition

January 30, 2023 Mariel Alumit

THE COMING ENERGY TRANSITION The energy transition has begun, with all major global polluters having pledged to achieve carbon neutrality by around mid-century, and with global renewable energy capacity increasing steadily. China—the world’s largest polluter—has […]

Duke
Coal

Report: Duke Energy’s N.C. coal plants more expensive to run than building new solar farms

January 30, 2023 Mariel Alumit

​Duke Energy spends twice as much money fueling and upkeeping its six North Carolina coal plants — costs passed on to ratepayers — than if it replaced them with brand new solar farms, a report […]

billion
International News

Adani’s 413-page reply to Hindenburg after $51 billion wipeout

January 30, 2023 Mariel Alumit

The lengthy response comes ahead of the final few days of a $2.5 billion share sale by Adani Enterprises Ltd., which received overall subscriptions of 1 per cent on Friday. Indian billionaire GautamAdani‘s group published […]

Oil Ministry
International News

Oil Ministry accepts recommendations for pricing natural gas at 10 per cent of crude

January 30, 2023 Mariel Alumit

The oil ministry is seeking the views of the Niti Aayog and the ministries of finance, fertiliser, steel and power on the proposal. A final proposal after incorporating the suggestions from the Aayog and other […]

Erdogan
Geopolitical

Erdogan says Turkey may accept Finland in NATO, but block Sweden

January 30, 2023 Mariel Alumit

NewsNATO Turkish President Recep Tayyip Erdogan has signalled that Ankara could accept Finland into NATO before taking any action on the membership of its Nordic neighbour Sweden. Erdogan was speaking just days after Ankara suspended […]

Geopolitical

If WW3 Breaks Out, Tanks Or Fighter Jets Won’t Matter: Kremlin

January 30, 2023 Mariel Alumit

Fresh off getting the West to sign off on the main battle tanks he’s long sought from the US and Germany, Ukraine’s President Volodymyr Zelensky is already pressing for more, and specific, advanced systems from […]

Explosions
Crude Oil News

Iranian Explosions: Implications And Impact On Oil

January 29, 2023 Mariel Alumit

Authored by Wouter Schmit Jongbloed via ‘Money: Inside and Out’ blog, Overnight, the sky over Iran was lit up by at least two explosions targeting military production facilities: one in Isfahan and one in Tabriz. […]

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