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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

San Francisco
Finance

San Francisco House Prices Drop Back to 2019, Condo Prices to 2015, as Tech Jobs in the City & Silicon Valley Evaporate after Drunken Hiring Binge

December 26, 2024 Mariel Alumit

Housing Bust 2 reverses part of the “Housing Crisis” when people with good incomes could no longer afford to live in the City. By Wolf Richter for WOLF STREET. The big decline in tech employment in San Francisco […]

India
Commodities

India will be among world’s top shipbuilding nations – minister 

December 26, 2024 Mariel Alumit

  New Delhi is transforming its maritime sector with a $10 billion investment over the next 25 years India is aiming to emerge as one of the world’s leading shipbuilding nations, cementing its position in […]

Russia
Geopolitical

Russia to launch new gas pipeline to China – deputy PM

December 26, 2024 Mariel Alumit

The conduit will boost supplies by 45 billion cubic meters per year, according to Aleksandr Novak Russia has begun developing a new gas pipeline to China via Kazakhstan that will have a planned annual capacity […]

Baltic Sea
Geopolitical

Another Baltic Sea cable mysteriously breaks down

December 26, 2024 Mariel Alumit

The undersea connection delivering electricity from Finland to Estonia has suffered an outage The Finnish authorities are investigating an outage of the undersea power cable connecting Finland and Estonia, Prime Minister Petteri Orpo has said. […]

SK Gas
Electrical Generation / Utilities

South Korea’s SK Gas launches LNG, LPG power plant in Ulsan

December 26, 2024 Mariel Alumit

Commercial operations of Ulsan GPS started on December 26, according to a statement by SK Gas, a unit of South Korean conglomerate SK. SK Gas invested 1.4 trillion won ($954.7 million) in the construction of […]

Russian LNG
Exports

Russian LNG production slightly down in November

December 26, 2024 Mariel Alumit

Rosstat’s data show that the country’s LNG terminals produced about 3 million mt in November, down 0.4 percent compared to November 2023. November LNG production also decreased compared to 3.1 million mt in October this […]

Alexandroupolis FSRU
Imports

Greece’s Alexandroupolis FSRU receives new LNG shipment

December 25, 2024 Mariel Alumit

The 2023-built 174,000-cbm, Maran Gas Marseille, which is on charter to France’s TotalEnergies, was on Tuesday morning local time located at the 153,600-cbm FSRU, Alexandroupolis, its AIS data provided by VesselsValue shows. Maran Gas Marseille previously […]

Golar LNG
Finance

Golar LNG buys remaining stake in FLNG unit for $90m

December 25, 2024 Mariel Alumit

Floating liquefied natural gas (FLNG) specialist Golar LNG has acquired minority ownership interests in the 2.4 mtpa FLNG Hilli from Seatrium and Black & Veatch. The acquisitions comprise all third-party interests in the asset, including 5.45% common […]

Bullet Train
Climate Crisis

Calif. Dems Ask Biden For Over $500M For Troubled Bullet Train Before Trump Returns

December 24, 2024 Mariel Alumit

California Dems are requesting over $500M from Biden for its troubled high-speed bullet train defunded by Trump after Newsom canceled it. As Breitbart News reported, Trump withheld $1 billion in funding from the project after […]

BRICS
BRICS

Nine countries to become BRICS partners in 2025 – Kremlin

December 24, 2024 Mariel Alumit

The new countries will join the economic group as partner states from January 1, presidential aide Yuri Ushakov has said Nine countries will officially join BRICS as partner states in January, Russian presidential aide Yuri […]

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