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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

NERC
EIA News

NERC reports some U.S. regions at risk for energy shortfalls in extreme summer conditions

June 10, 2024 Mariel Alumit

Parts of the United States could be at risk for electricity supply shortages if electricity demand peaks are higher than anticipated or if less electricity is generated than expected, according to the North American Electric […]

North America
Crude Oil News

North America Continues Streak of Rig Additions

June 10, 2024 Mariel Alumit

North America added nine rigs week on week, according to Baker Hughes’ latest rotary rig count, which was released on June 7. Although the U.S. dropped six rigs week on week, Canada added 15 during […]

Noble Corp
Big Oil Companies

Noble Corp. to acquire Diamond Offshore Drilling in $1.6 billion deal

June 10, 2024 Mariel Alumit

(Bloomberg) – Noble Corp., the world’s biggest offshore oil-rig contractor by market value, agreed to buy its smaller competitor Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion. Diamond stockholders will receive 0.2316 […]

EPP
Climate Crisis

5 things to know about the EU election results

June 10, 2024 Mariel Alumit

BRUSSELS — Europe’s conservatives are ecstatic. The European People’s Party (EPP) scored a clear victory in Sunday’s European Parliament election, tightening its grip on the chamber even as far-right groups made major gains across the […]

Europe
Geopolitical

Europe’s Shift from Russian Gas to Pricey LNG

June 10, 2024 Mariel Alumit

Europe’s switch from Russian pipeline gas to LNG has increased energy costs, despite claims of overcoming dependence without adverse effects. Upcoming winters could see higher gas prices due to increased demand and the end of […]

Russia’s Oil and Gas Revenues
Crude Oil News

Russia’s Oil and Gas Revenues Surged by 73.5% in January-May

June 10, 2024 Mariel Alumit

Russia’s budget revenues from oil and gas soared by 73.5% in January-May of 2024 compared to the first five months of 2023, according to data from Russia’s finance ministry released on Monday. Between January and […]

Texas
Electrical Generation / Utilities

Addressing the Electricity Supply Strain in Texas

June 10, 2024 Mariel Alumit

If you live or work in the Lone Star State, you may be aware that the Electric Reliability Council of Texas (ERCOT) has revealed that power reserves were critically low in early May. More recently […]

California
Electrical Generation / Utilities

California set to crank gas power and emissions to keep cool

June 10, 2024 Mariel Alumit

LITTLETON, Colorado, June 6 (Reuters) – Scorching temperature forecasts for the western U.S. over the coming days look set to kick-start the high season for natural gas use in the California power system, when the […]

net zero
Energy Storage

Windless nights make net zero impossible

June 10, 2024 Mariel Alumit

It is very simple. The cost of storing electricity is so huge it makes getting through a single windless night under a net zero wind, solar, and storage plan economically impossible. This is especially true […]

Political groups
Geopolitical

Political groups demand ‘responsibilities’ over Parliament’s data leak

June 10, 2024 Mariel Alumit

  Four political groups have sent letters to the European Parliament President asking for further details, action, and “responsibilities” related to a recent data breach that affected a significant amount of employees’ personal data, including […]

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