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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Massachusetts
Energy Regulations

Massachusetts cities are quickly embracing new emission-slashing building code option

September 3, 2024 Mariel Alumit

  A year and a half since Massachusetts introduced an optional new building code aimed at lowering fossil fuel use, climate activists are heartened by how quickly cities and towns are adopting the new guidelines. […]

debt
Finance

How big a problem is the mounting global debt?

September 3, 2024 Mariel Alumit

ContributionsFinance and Insurance Pierre Aury assesses the state of the world economy with some startling stats. We saw last month that it was unlikely that the historically high level of unrealised losses sitting in the […]

Honda
Electric Vehicles

Honda executives expose a cruel reality of the US EV market

August 30, 2024 Mariel Alumit

Though it seems like a very new technology, the American auto market is acclimating to fully electric vehicles. According to data from Kelley Blue Book and Cox Automotive, over 330,463 EVs were sold in the second […]

Oil
Crude Oil News

Oil Prices Set for Monthly Decline as Demand Concerns Grow

August 30, 2024 Mariel Alumit

Uncertainty continues to dominate oil markets, although demand concerns appear to be overcoming supply shocks to push oil prices toward a monthly loss. Friday, August 30th, 2024 It’s been a volatile week for oil markets, […]

OPEC+
Crude Oil News

Oil Prices Drop as OPEC+ Looks to Increase Production in October

August 30, 2024 Mariel Alumit

OPEC+ will likely begin unwinding its production cuts in October, six OPEC+ sources told Reuters on Friday. If OPEC+ does decide to start the process of ramping up production in October, it will be largely […]

ExxonMobil's Guyana Oil
Big Oil Companies

ExxonMobil’s Guyana Oil: A Trillion-Dollar Opportunity?

August 30, 2024 Mariel Alumit

ExxonMobil’s Guyana oil production is rapidly expanding, with the potential to reach 2 million barrels per day by the early 2030s. The company’s Permian Basin assets are also poised for growth, with production expected to […]

Shell
Big Oil Companies

Shell wraps up first operations with Crowley’s LNG bunkering barge

August 30, 2024 Mariel Alumit

A unit of LNG giant Shell has completed the first operations with Crowley’s recently delivered LNG bunkering barge, Progress. Last week, the 12,000-cbm LNG bunkering barge, the largest US Jones Act-compliant vessel of its kind, […]

Ukraine
Geopolitical

Russian attacks on power sector pose risk to nuclear facilities, Ukraine says

August 30, 2024 Mariel Alumit

  A Russian drone and missile attack earlier this week forced Ukraine to disconnect several nuclear power units from the grid, posing a risk to the nuclear power sector, a Ukrainian mission to the International […]

LNG
Exports

US LNG exports reach 26 cargoes

August 30, 2024 Mariel Alumit

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, the total capacity of these 26 LNG vessels is 98 Bcf. This compares to 26 shipments and 99 Bcf in the week ending […]

Westinghouse
Energy Policy

Green light for mini reactor in uk power push

August 30, 2024 Mariel Alumit

Westinghouse Electric Company announced that it has received approval from the Department of Energy Security and Net Zero to begin the Generic Design Assessment (GDA) for its AP300 Small Modular Reactor (SMR). This marks the […]

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