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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

LNG
Finance

Atlantic LNG shipping rates climb this week

July 19, 2025 Mariel Alumit

Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) freight rates increased by $2,000 to $33,750 per day. Meanwhile, Spark25S (Pacific) rates stayed relatively steady at $38,250 per day and continued to price […]

Chevron
Finance

Chevron closes Hess acquisition after winning Exxon legal battle

July 18, 2025 Mariel Alumit

HOUSTON, July 18 (Reuters) – Chevron (CVX.N) closed its $55 billion acquisition of Hess (HES.N) on Friday after winning a landmark legal battle against larger rival Exxon Mobil (XOM.N) to gain access to the largest […]

Electrical Generation / Utilities

Voltage, inertia and the Iberian blackout part 2: faulty PV inverter crashed the grid

July 17, 2025 Mariel Alumit

The Iberian blackout demonstrated the importance of voltage control and reactive power, and how a weak grid, with poor controls, was brought down bu a single faulty solar inverter. In this second part of my […]

NFE
Finance

NFE inks second FSRU charter deal with Egypt’s EGAS

July 17, 2025 Mariel Alumit

NFE said on Tuesday that its unit has executed a five-year agreement for the deployment of the 138,350-cbm Energos Winter with state-owned EGAS. The FSRU will operate at EGAS’ LNG import terminal located at Damietta, […]

Gasunie
International News

Gasunie awards contract for German gas pipeline

July 17, 2025 Mariel Alumit

Germany’s Friedrich Vorwerk announced the award for the pipeline from Gasunie Germany in a statement on Tuesday. The order for the 86 km long pipeline has a “total volume in the mid-range of hundreds of […]

HD Hyundai
International News

HD Hyundai eyes Morocco shipyard

July 17, 2025 Mariel Alumit

South Korea’s HD Hyundai Heavy Industries is eyeing a strategic leap into North Africa, as it seeks to secure long-term operating rights for Morocco’s flagship Casablanca shipyard. The latest global expansion effort comes at a […]

Seaspan
International News

Seaspan pens deal to reinforce Canadian shipbuilding steel supply chain

July 17, 2025 Mariel Alumit

Seaspan Vancouver Shipyards has signed a memorandum of understanding with Stigterstaal Canada and Algoma Steel to reestablish a domestic steel supply chain focused on bolstering and expanding shipbuilding in Canada. This move follows the current […]

Venture Global
Exports

Venture Global, Eni ink 20-year CP2 LNG supply deal

July 17, 2025 Mariel Alumit

Under the terms of the SPA, Eni will purchase 2 million tonnes per annum (mtpa) of LNG from the first phase of Venture Global’s third facility, CP2 LNG, for 20 years, according to a statement […]

India
Imports

India boosts June LNG imports

July 17, 2025 Mariel Alumit

The country imported 3 billion cubic meters, or about 2.2 million metric tonnes of LNG in June, via long-term contracts and spot purchases. June LNG imports were similar to those of the previous month, when they […]

Enarsa
International News

Argentina’s Enarsa receives five offers for latest LNG cargo tender

July 17, 2025 Mariel Alumit

The event was streamed live on Enarsa’s YouTube channel on Tuesday. Units of TotalEnergies, BP, Vitol, Gunvor, and Trafigura submitted the offers. Last week, Enarsa announced that it has sent the fourth request for proposals […]

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