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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Joe Biden
Finance

Why oil companies are raking in record profits under Joe Biden

June 11, 2024 Mariel Alumit

CNN — Nearly four years ago, while campaigning in the runup to the last presidential election, Donald Trump warned that President Joe Biden would “destroy” the oil industry. As Trump and Biden are set once again to […]

Strike
Imports

Strike threat escalates across US east coast ports

June 11, 2024 Mariel Alumit

The prospect of a strike this autumn by dockworkers along the US east and Gulf coasts has leapt with news that the International Longshoremen’s Association (ILA) has halted negotiations with employers, citing concerns over APM […]

Russian Navy
Geopolitical

Russian Navy ships training for long-range strikes en route to Cuba

June 11, 2024 Mariel Alumit

A Russian Navy flotilla currently sailing to Cuba has conducted drills in the Atlantic Ocean, the Defense Ministry reported on Tuesday. The tactical naval group deployed by Russia’s Northern Fleet includes two of the most […]

Moscow and Cairo
BRICS

Moscow and Cairo highlight growing role of BRICS

June 11, 2024 Mariel Alumit

Russian Foreign Minister Sergey Lavrov has discussed bipartisan relations with his Egyptian counterpart Sameh Shoukry Moscow and Cairo have discussed current issues regarding the development of Russian-Egyptian relations, the press service of the Russian Foreign […]

Chevron
International News

Chevron suspends Wheatstone LNG production

June 11, 2024 Mariel Alumit

Chevron’s unit in Australia has suspended production at its 8.9 mtpa Wheatstone LNG terminal near Onslow to complete a repair on the Wheatstone offshore platform. A Chevron Australia spokesperson told LNG Prime on Tuesday that […]

Illinois
Carbon Capture

Illinois passed ‘strongest standards in the nation’ on carbon sequestration, but advocates say more work is needed

June 11, 2024 Mariel Alumit

  Illinois’s carbon dioxide pipeline and sequestration law passed May 26 is being described as among the nation’s strictest. It is only the second carbon dioxide pipeline moratorium in the U.S., after California, and it […]

Musk
Energy Tech

Musk threatens to ban iPhones

June 11, 2024 Mariel Alumit

The billionaire issued the warning after Apple announced a partnership with OpenAI Tech billionaire Elon Musk has threatened to ban staff at his companies from using Apple devices if the iPhone maker integrates OpenAI’s artificial […]

Wholesale Prices
Electric Vehicles

Used Car Wholesale Prices Continue Plunge, Gave up 59% of Pandemic Spike. But still up 35% from Jan 2020: EVs +72%, ICE Vehicles +34%

June 10, 2024 Mariel Alumit

Compact trucks +70% since Jan 2020; full-size pickups +39%, SUVs +30%, compact cars +20%. Auto insurance +44% since Jan 2022. By Wolf Richter for WOLF STREET. Used vehicle prices are in a historic downward spiral, unwinding the hugest-ever […]

Denmark
ESG

Denmark’s new gas plant challenges environmental reputation

June 10, 2024 Mariel Alumit

DENMARK, renowned for its progressive stance on renewable energy, faces scrutiny over its latest project: a DKK 27 billion gas-extraction project in the Danish North Sea, partly subsidised by the government. While the nation has […]

Oil and Gas
Electrical Generation / Utilities

California’s Impossible War on Oil and Gas

June 10, 2024 Mariel Alumit

Determined to save the world from climate change, California has nearly shut down its oil and gas industry, though the Golden State currently gets 50 percent of its total energy from oil and another 34 percent from […]

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