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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Amazon
AI

Amazon claims to power all its operations with renewable energy. If only that were true.

July 29, 2024 Mariel Alumit

When Amazon announced this month that it had achieved 100% renewable energy seven years ahead of schedule, that sounded like really good news for Virginia. Amazon owns more data centers here than anyone else, and data center […]

China
Crude Oil News

Weak Demand in China Weighs on Middle East Oil Price Outlook

July 29, 2024 Mariel Alumit

China’s maritime imports dropped to 10 million b/d at the start of the summer. The trend of weaker demand and sluggish physical activity in China impacted Middle East oil pricing. By not cutting when regional […]

Gas Discovery
Exploration and Production

New Gas Discovery Brings Optimism for Bolivia’s Energy Future

July 29, 2024 Mariel Alumit

Bolivia’s Mayaya Centro gas discovery, with an estimated 1.7 trillion cubic feet of gross unrisked resource, provides hope for arresting declining production and boosting reserves. Mayaya Centro is part of YPFB’s Upstream Reactivation Plan, which […]

Climate Crisis

Energy and the Olympics

July 29, 2024 Mariel Alumit

Energy and the Olympics What a time we live in where the Olympics in Paris starts with terror attacks on the train system, controversy in the opening, a power blackout, and athletes bringing their own […]

States
Energy Policy

Red States, Blue States: A Tale of Two Economies

July 29, 2024 Mariel Alumit

The latest employment data from the Bureau of Labor Statistics for June 2024 offers a compelling snapshot of the divergent economic fortunes of red and blue states. The national unemployment rate remained steady at 4.1 percent, a […]

Yellen
Climate Crisis

Yellen says $3 trillion is needed each year to fund climate transition

July 29, 2024 Mariel Alumit

Treasury Secretary Janet Yellen said Saturday the world’s transition to a low-carbon economy requires $3 trillion in new investment annually through 2050, and that filling the financing gap to reach that level of funding represents the […]

Novatek
Exports

Novatek sends second Arctic 2 LNG GBS to Gydan

July 29, 2024 Mariel Alumit

Russian LNG exporter Novatek has sent the second gravity-based structure platform from its yard near Murmansk to the site of the Arctic LNG 2 project located on the Gydan peninsula, according to reports in Russia. […]

Data centres
AI

Data centres now consume over a fifth of Ireland’s electricity

July 29, 2024 Mariel Alumit

Data centres in Ireland now account for over a fifth of the country’s metered electricity consumption, according to the latest figures from the Central Statistics Office (CSO). In 2023, data centres used 21% of the […]

Philippines
Geopolitical

Second ship sinks in same area of the Philippines in the space of two days

July 29, 2024 Mariel Alumit

In the same area of the Philippines authorities are having to contend with oil spills as a second tanker sank on Saturday evening, just two days after another ship went down. The Philippine Coast Guard […]

Cook Islands
Crude Oil News

Dark fleet additions see Cook Islands become a top 30 flag

July 29, 2024 Mariel Alumit

A flag featuring the Union Jack of the United Kingdom has become a go-to register for Russian-linked ships. Gabon has been elbowed out by the Cook Islands in the top 30 flag leaderboard compiled by […]

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