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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Climate Damage
Climate Crisis

Russia’s War in Ukraine Has Produced $32 Billion in Climate Damage

June 17, 2024 Mariel Alumit

CLIMATEWIRE | In November 2022, the United Nations resolved that Russia should pay reparations for the losses, damages and injuries caused by its invasion of Ukraine. Now, some scientists say those payments should include compensation for […]

Tesla
AI

Tesla and Baidu Partner for Full Self-Driving Test

June 17, 2024 Mariel Alumit

Tesla is testing its Full Self-Driving system in China, ahead of a planned rollout later this year. The company has partnered with Baidu for mapping and navigation software to support FSD in China. The expansion […]

China
Crude Oil News

China Accelerates Crude Stockpiling Amid Weak Refining Output

June 17, 2024 Mariel Alumit

China accelerated the pace of stockpiling crude oil inventories in May amid lower refining throughput and weaker crude imports compared to last year, in further bearish signs about China’s apparent oil demand so far this […]

Singapore LNG bunkering
International News

Singapore LNG bunkering volumes hit new record

June 17, 2024 Mariel Alumit

Singapore’s liquefied natural gas (LNG) bunkering sales reached a new record in May, according to Singapore’s Maritime and Port Authority. Bunkering data posted on MPA’s website shows that LNG bunkering sales in the world’s largest […]

India’s LNG imports
Imports

India’s LNG imports drop in May

June 17, 2024 Mariel Alumit

India’s liquefied natural gas (LNG) imports dropped in May this year compared to the same month last year, according to the preliminary data from the oil ministry’s Petroleum Planning and Analysis Cell. The country imported […]

German FSRU
Imports

German FSRU terminal hits sendout record

June 17, 2024 Mariel Alumit

State-owned German LNG terminal operator DET said its FSRU-based LNG terminal in Brunsbüttel has achieved a record sendout rate since the commissioning of the facility in March last year. The 170,000-cbm FSRU Hoegh Gannet, which […]

peak oil
Crude Oil News

What IEA’s 2029 peak oil forecast means for the tanker trades

June 17, 2024 Mariel Alumit

The International Energy Agency (IEA) has called peak oil as happening in 2029, something that has got tanker analysts discussing what this means for owners mulling rejuvenating their fleets. The IEA’s latest report, Oil 2024, […]

Data centers
AI

Data centers offer energy peril and promise, with the Midwest increasingly in the crosshairs

June 17, 2024 Mariel Alumit

  Southeastern Wisconsin and the Chicago area are emerging as major players in the national data center explosion, most notably with Microsoft’s $3.3 billion planned data complex near Racine, Wisconsin. Clean energy advocates in the […]

Crews
Geopolitical

Crews evacuated from two ships hit by the Houthis

June 17, 2024 Mariel Alumit

The crews of two vessels struck by the Houthis in recent days were forced to evacuate ship over the weekend with the Yemeni militants showing no let up in their attacks on merchant shipping. Both […]

LNG
Finance

LNG freight rates, European prices climb

June 16, 2024 Mariel Alumit

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet and European prices increased this week compared to the week before. Last week, Atlantic freight rates increased to $57,000 per day. “”Freight rates in both […]

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