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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

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 […]

Spanish LNG imports
International News

Spanish LNG imports, reloads drop in May

June 11, 2024 Mariel Alumit

Spanish liquefied natural gas (LNG) imports and reloads decreased in May compared to the same month last year. Russia and the US were the biggest LNG suppliers to Spain in May, according to Enagas. LNG […]

energy bills
International News

Lib Dems unveil plan to cut energy bills

June 11, 2024 Mariel Alumit

The Liberal Democrats have launched their manifesto, emphasising the urgency of addressing climate change and reducing energy bills. The party describes climate change as an existential threat, citing rising temperatures, wildfires, floods, droughts and sea […]

Dollar
BRICS

Don’t Bet Against the Dollar

June 11, 2024 Mariel Alumit

U.S. competitors are pushing the limits of autonomy within a dollar-based system, but there isn’t a real global alternative—and the world is far from an inflection point. It has been 80 years since the Bretton […]

Cape of Good Hope
Crude Oil News

Red Sea disruptions increase oil flows around Cape of Good Hope

June 11, 2024 Mariel Alumit

The amount of crude oil and oil products flowing around the Cape of Good Hope, located at the southern tip of Africa, increased nearly 50% in the first five months of 2024 compared with the […]

India
Energy Policy

India reappoints Puri as oil minister in push for energy diplomacy, upstream growth

June 11, 2024 Mariel Alumit

India’s newly elected government named former diplomat Hardeep Singh Puri as the petroleum minister for a second term — a move aimed at ensuring policy continuity on oil diplomacy and upstream fronts, as the country […]

Saudi Oil
Exports

Saudi Oil Exports to China Set for Third Monthly Decline

June 11, 2024 Mariel Alumit

According to the report, shipments of Saudi oil to Chinese buyers in July will come in at some 36 million barrels, down from 39 million barrels in June, which was in turn a decline on the 45 […]

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