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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

charter deal
International News

Germany, Egypt seal FSRU charter deal

May 9, 2025 Mariel Alumit

A BMWK spokeswoman confirmed the signing of the charter agreement to LNG Prime in an emailed statement on Friday. “The FSRU Energos Power has now been sub-chartered to Egypt – the BMWK has successfully signed […]

UK
Crude Oil News

UK readies sanctions on another 100 Russian-linked tankers

May 9, 2025 Mariel Alumit

ENB Pub Note: Sanctions don’t work as intended is a great line that Irina Slav has said. There are an estimated 1400 dark fleet tankers, and 230 being sanctioned is inconvenient for Russia, but won’t […]

MOL
International News

MOL buys stake in Taiwanese offshore wind farm

May 9, 2025 Mariel Alumit

Danish fund manager Copenhagen Infrastructure Partners (CIP) has agreed to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Japanese shipowner Mitsui OSK Lines (MOL). Through this acquisition, MOL […]

Petrobras
Big Oil Companies

Petrobras plans to decommission 68 platforms and reuse three FPSOs

May 9, 2025 Mariel Alumit

Brazilian state-owned giant Petrobras has revealed it will decommission almost 70 offshore platforms and FPSOs, three of which it has already decided to repurpose. Petrobras said that it is planning on decommissioning 68 platforms, two […]

Climate Crisis

Saudi Price Rise Amid OPEC+ Surge

May 8, 2025 Mariel Alumit

Daily Standup Top Stories Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas? May 7, 2025 Clark Savage Earlier this week, I published an article titled “What does the OPEC+ increase […]

Excelerate
Earnings

Excelerate boosts net income in Q1

May 8, 2025 Mariel Alumit

ENB Pub Note: I have just contacted the CEO, Steven Kobos, to interview him on the Energy News Beat podcast.    Exclerate Energy reported net income of $52.1 million and adjusted net income of $55.6 […]

DeSantis
Climate Crisis

‘Dead On Arrival’: DeSantis Signs Law Banning Geoengineering And Weather Modification In Florida

May 8, 2025 Mariel Alumit

DeSantis has signed legislation shutting down geoengineering and weather modification projects in Florida amid rising voter concerns. ​Florida Gov. Ron DeSantis is formally closing the door on geoengineering and weather modification in Florida amid increased […]

Cheniere
Earnings

Cheniere reports higher Q1 revenue

May 8, 2025 Mariel Alumit

The owner of the Sabine Pass and Corpus Christi LNG export terminals said on Thursday its revenue reached $5.44 billion in the first quarter. This compares to $4.25 billion in the first quarter last year […]

ARO Drilling
Crude Oil News

ARO Drilling agrees extensions for five jackups with Saudi Aramco

May 8, 2025 Mariel Alumit

ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The extensions, all for five years, were signed for the Valaris 250, Valaris […]

Woodside
Exports

Woodside terminates Commonwealth LNG SPA

May 8, 2025 Mariel Alumit

Kimmeridge’s Commonwealth LNG revealed this in a footnote announcing a 20-year LNG sales and purchase agreement with an Asian buyer earlier this week. “On April 28, 2025, Commonwealth terminated the two LNG sale and purchase […]

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