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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Nuclear Energy
Electrical Generation / Utilities

Inside Nuclear Energy Trends in the U.S.

June 13, 2024 Mariel Alumit

A new Citi Research report from a team led by Arkady Gevorkyan looks at trends in nuclear energy and how the next decade looms as a pivotal point for global growth. Nuclear energy, one the […]

Big Oil Companies

Standard Chartered: Oil Markets Will Soon Face Significant Supply Deficits

June 13, 2024 Mariel Alumit

StanChart has forecast 1.68 mb/d growth in 2024 and 1.41 mb/d in 2025. StanChart has reiterated its previous assessment that not only can the markets absorb the extra barrels by OPEC+ producers but that a […]

Ford
Electric Vehicles

Ford ends EV dealership program that required hefty investment to sell electric models

June 13, 2024 Mariel Alumit

Ford Motor is ending a controversial electric vehicle dealership program that initially asked store owners to invest upward of $1 million to sell EVs. The “EV-certified” program was announced in September 2022 by Ford CEO Jim Farley amid […]

India
Coal

India Looks to Boost Coal Output and Cut Imports

June 13, 2024 Mariel Alumit

India plans to increase its domestic coal production and reduce imports. India is currently the world’s second-largest consumer of coal. Amid a heatwave and reduced hydropower generation, India boosted its coal consumption to a record […]

Bank
Crude Oil News

Standard Bank to Move Forward With Funding $5-Billion African Oil Pipeline

June 13, 2024 Mariel Alumit

Africa’s top lender, Standard Bank, expects to help fund part of the planned $5-billion East Africa Crude Oil Pipeline (EACOP), a controversial project that has had environmental campaigners call on banks to abandon financing for […]

California
Energy Crisis

California lawmakers in standoff with Gavin Newsom over $400M loan to keep Diablo Canyon open

June 13, 2024 Mariel Alumit

California lawmakers rejected Gov. Gavin Newsom’s bid to include another $400 million for Pacific Gas & Electric Company in the state budget, in a political standoff that began in 2022 with a bargain to keep the Diablo Canyon Power Plant […]

Biden
Finance

Powell Admits The Biden Admin Is “Overstating” Jobs

June 13, 2024 Mariel Alumit

Every first Friday of this year (here, here and here) we have spent hours deconstructing the glaring propaganda peddled by Biden’s Labor Department, meant to show just one thing – how “strong” the economy is under the current […]

Greek Bulker
International News

Greek Bulker Hit and Taking On Water After Multiple Houthi Attacks

June 13, 2024 Mariel Alumit

A Greek-owned bulker was hit by multiple attacks by the Houthi while sailing south in the Red Sea bound for India earlier today. The vessel is reporting that it is “not under command,” awaiting assistance […]

Fossil Fuels
Crude Oil News

Fossil Fuels: The Best-Kept Secret in Our World Today

June 13, 2024 Mariel Alumit

Apparently, you can litigate anything these days, and it’s gotten far more insidious than suing McDonald’s over hot coffee being, you know, hot. A new climate activist group called Our Children’s Trust is suing state […]

first oil drilling permits
Crude Oil News

State issues Kern’s first oil drilling permits in a year

June 13, 2024 Mariel Alumit

State oil regulators last month approved the first new drilling permits in Kern County since May 2023, renewing a vigorous debate over the Newsom administration’s approach to petroleum production. Dallas-based oil producer Berry Corp. received […]

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