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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Flex LNG
Earnings

Flex LNG reports higher net income, lower revenue

May 23, 2024 Mariel Alumit

Norwegian LNG carrier owner Flex LNG reported higher net income and lower revenue in the first quarter of this year. The owner of 13 LNG carriers said on Thursday that vessel operating revenues were $90.2 […]

EU
Geopolitical

The 75+ wild cards that will shake EU Parliament’s balance of power

May 23, 2024 Mariel Alumit

  Two weeks before the EU elections, there are around 75 seats up for grabs that will shape the new balance of power on the left and right of the hemicycle, available for the European […]

Green corridors
Energy Transition

Green corridors linking Ireland and UK under development

May 23, 2024 Mariel Alumit

NatPower Marine and Peel Ports Group have announced plans to establish the first green shipping corridors between Ireland and the UK. The proposed project would see NatPower Marine, part of the UK’s NatPower Group, develop […]

Yemen
Geopolitical

Ships in near miss with missile attacks off Yemen

May 23, 2024 Mariel Alumit

Two unidentified merchant vessels have reported an attack off Yemen. Maritime security consultancy Ambrey said it received a report that a ship was suspiciously approached 68 nautical miles southwest of Yemen’s port city of Hodeidah […]

Duke Energy
Electrical Generation / Utilities

Duke Energy’s plans for new gas in N.C. on a collision course with new Biden power plant rules

May 23, 2024 Mariel Alumit

  Duke Energy is already under fire in North Carolina for its plan to blow off a state deadline to curb carbon pollution while also building a massive new fleet of fossil fuel plants. Now, […]

LPG
Geopolitical

Russia’s first Pacific LPG terminal to open next year with financing from China

May 23, 2024 Mariel Alumit

In its great energy pivot eastwards, Russia is set to open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025. Last week […]

Oil
Crude Oil News

Oil slips for a third straight day on prospect of US rates staying high

May 22, 2024 Mariel Alumit

NEW YORK, May 22 (Reuters) – Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they indicated interest rate cuts might […]

Shell
Imports

Shell sees emerging Asian markets taking more of world’s growing LNG supply

May 22, 2024 Mariel Alumit

PERTH, Australia, May 22 (Reuters) – Shell (SHEL.L), opens new tab expects its Australian supplies of liquefied natural gas (LNG) to help meet demand from emerging markets in south and southeast Asia, which are tipped to absorb […]

Texas
Crude Oil News

Texas Oil Regulator Flags Endangered Species Designation

May 22, 2024 Mariel Alumit

In a statement posted on its website, the Texas Railroad Commission (RRC) highlighted that the U.S. Department of Fish and Wildlife Services (USFWS) announced that it would be listing the Dune Sagebrush Lizard (DSL) as an endangered […]

Hurricane Season
Climate Crisis

EIA Warns Severe Hurricane Season Could U.S. Disrupt Oil & Gas

May 22, 2024 Mariel Alumit

Up to 25 named storms for this year’s hurricane season could wreak more havoc on the American oil and gas industry than ever before, the Energy Information Administration (EIA) said on Wednesday in an in-depth […]

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