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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Alaska LNG
LNG

Alaska LNG developer inks preliminary gas sales deal with Pantheon

June 5, 2024 Mariel Alumit

Alaska Gasline Development Corporation, the state-owned developer of the Alaska LNG export project, has signed a gas sales precedent agreement with a unit of Pantheon Resources. AGDC’s unit 8 Star Alaska and Pantheon’s subsidiary Great […]

TotalEnergies
Electrical Generation / Utilities

TotalEnergies snaps up UK gas power station in £450m deal

June 5, 2024 Mariel Alumit

TotalEnergies has signed an agreement with EIG, a global institutional investment fund in the energy sector, to acquire the West Burton B gas power station in Nottinghamshire, England. The acquisition is valued at £450 million […]

Octopus
Energy Storage

Octopus inks “world’s largest” battery-leasing deal

June 5, 2024 Mariel Alumit

Octopus Energy Group has entered into a battery leasing agreement with Gresham House Energy Storage Fund plc (GRID). This deal will use Octopus’ Kraken platform to manage GRID’s large scale batteries. The agreement, the largest […]

Cheniere’s Corpus Christi
LNG

Cheniere’s Corpus Christi expansion project almost 58 percent complete

June 5, 2024 Mariel Alumit

The Stage 3 expansion project at Cheniere’s Corpus Christi LNG export plant in Texas is almost 58 percent complete, and the US LNG exporting giant is working to start production at the first train later […]

fuel
EIA News

Longer maritime routes mean more fuel consumed in shipping following Red Sea attacks

June 5, 2024 Mariel Alumit

Sales of bunker fuel in Singapore, the world’s largest bunkering fuel port, have increased to all-time highs, indicating increased global consumption as cargo ships, tankers, and other marine vessels take longer routes to avoid the Red Sea. Ship […]

Russian assets
Geopolitical

West closer to tapping $300bn in frozen Russian assets – US 

June 5, 2024 Mariel Alumit

  Washington and its allies could give Kiev a loan based on profits from blocked funds, Treasury Secretary Janet Yellen has said The US and its allies are nearing agreement on plans to provide Ukraine […]

US Banking System
Bankruptcy

$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on Brink of Insolvency

June 5, 2024 Mariel Alumit

Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its Quarterly Banking Profile report, the FDIC says banks are now saddled […]

Maine
Agriculture

As sprawl threatens farmland, proposed Maine rules single out just one competing land use: solar

June 5, 2024 Mariel Alumit

  Solar developers will pay a premium to build projects on prime farmland under new rules in the works in Maine. The state Department of Agriculture, Conservation and Forestry is drafting the rules based on […]

EU
Exports

EU must extend Russia sanctions for US to lend Ukraine $50bn – FT

June 5, 2024 Mariel Alumit

  Washington wants Moscow’s sovereign assets held in the bloc to be frozen indefinitely, the outlet has learned Washington is ready to lend Kiev $50 billion, to be repaid with profits generated from frozen Russian […]

Argentine beef
Climate Crisis

Argentine beef sector takes steps to meet new EU import rules on deforestation

June 5, 2024 Mariel Alumit

  Argentina unveiled its first certification scheme for deforestation-free beef to European Union authorities in Brussels on Tuesday (3 June), as the country prepares for a new EU law targeting imports linked to deforestation. The […]

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