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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Russian gas supply contracts
Geopolitical

EU energy giant terminates Russian gas supply contracts

June 12, 2024 Mariel Alumit

Germany’s largest gas importer, Uniper, has decided to terminate its gas supply contracts with a subsidiary of Russian energy giant Gazprom, legally ending its long-term relationship with the corporation on Wednesday. Uniper launched arbitration proceedings […]

Russia
Geopolitical

Russia explains why its striking Ukraine’s energy infrastructure

June 12, 2024 Mariel Alumit

Some 80% of the country’s thermal power generation capacity has been destroyed in Russian attacks, according to Vladimir Zelensky Russia has targeted Ukraine’s power grid because it provides energy to Kiev’s military infrastructure, Kremlin Press […]

Duke Energy
Electrical Generation / Utilities

Groups urge N.C. regulators to push Duke Energy on solar and wind, pump the brakes on new gas

June 12, 2024 Mariel Alumit

  It’s become a biannual tradition. Since 2021, when North Carolina adopted a law requiring Duke Energy to zero out its carbon pollution, advocates have spent every other year poring over the company’s plans for […]

Trafigura
Crude Oil News

Trafigura signs for more VLCC newbuilds

June 12, 2024 Mariel Alumit

Trafigura has returned to China for more very large crude carrier newbuilds. Multiple brokers report the global commodities trader has signed up for three additional 319,000 dwt VLCCs at Jiangsu New Hantong Ship Heavy Industry. […]

LNG newbuilding
International News

LNG newbuilding values at record high

June 12, 2024 Mariel Alumit

The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first five months of 2024, an increase of 129%, […]

Norway
Critical Minerals

Norway discovers Europe’s largest deposit of rare earth metals

June 11, 2024 Mariel Alumit

Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few […]

COP29
Exploration and Production

COP29 host Azerbaijan sees natural gas demand rising despite “phase-out” plans

June 11, 2024 Mariel Alumit

(Bloomberg) – Months after UN-led climate talks, the demand for natural gas from the host of this year’s COP29 is growing in Europe and elsewhere. Azerbaijan, which has the presidency of the 29th United Nations’ […]

Green
Energy Transition

Europe’s climate ambitions thrown into doubt as Green vote collapses

June 11, 2024 Mariel Alumit

Green parties were on track to lose seats in the European Parliament elections, provisional results showed Monday, sparking concerns that the bloc may be on the brink of scaling back its climate policies. The left-leaning Greens/European Free […]

Houston
Downstream

Houston energy company to build largest new refinery in half a century

June 11, 2024 Mariel Alumit

A Houston company will construct the largest new refinery in the last 50 years in Brownsville, Texas. Element Fuel Holdings LLC is spending between $3 and $4 billion on the project, which will produce more than 160,000 […]

Belgium’s Fluxys
Imports

Belgium’s Fluxys offers long-term capacity at Zeebrugge LNG terminal

June 11, 2024 Mariel Alumit

Belgium’s Fluxys is offering long-term capacity for 2027-2044 at its LNG import facility in the port of Zeebrugge. In operation since 1987, the LNG terminal is located in the outer port of Zeebrugge and currently […]

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