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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Japan’s LNG imports
Imports

Japan’s LNG imports continue to decline

March 21, 2024 Mariel Alumit

Japan’s liquefied natural gas (LNG) imports dropped for the second month in a row in February, according to the provisional data released by the country’s Ministry of Finance. The country’s LNG imports decreased by 5.9 […]

Ohio
Climate Crisis

Ohio landowners say solar opposition groups threaten their property rights

March 21, 2024 Mariel Alumit

  A pair of cousins who want to lease land for a contested solar project in central Ohio say a vocal minority is trying to interfere with their property rights. “I have rights as an […]

Suez Canal
Geopolitical

No LNG carrier has transited the Suez Canal for 65 days

March 21, 2024 Mariel Alumit

GasMiddle East QatarEnergy No LNG carrier has passed through the Suez Canal for more than two months, according to new data published from the United Nations Conference on Trade and Development (UNCTAD). The last LNG […]

Rates
Finance

Fed Still Sees 3 Rate Cuts in 2024, But 2-Cut Scenario only 1 Participant Short, Holds Rates at 5.50% Top of Range, QT Continues as Planned

March 20, 2024 Mariel Alumit

Raises longer-run rate projection (higher for longer), and projections for inflation and GDP in 2024. By Wolf Richter for WOLF STREET. FOMC members voted unanimously today to maintain the Fed’s five policy rates, with the top of its […]

Energy Crisis

A nuclear plant’s closure was hailed as a green win. Then emissions went up

March 20, 2024 Mariel Alumit

When New York’s deteriorating and unloved Indian Point nuclear plant finally shuttered in 2021, its demise was met with delight from environmentalists who had long demanded it be scrapped. But there has been a sting […]

COMSTOCK
Finance

COMSTOCK RESOURCES, INC. ANNOUNCES $100.5 MILLION INVESTMENT BY MAJORITY SHAREHOLDER

March 20, 2024 Mariel Alumit

FRISCO, TX, March 20, 2024 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE:CRK) announces that its majority shareholder, Jerry Jones, has agreed to make an additional $100,450,000 equity investment in the Company […]

Oil
Crude Oil News

Oil slips as investors weigh Fed rate decision

March 20, 2024 Mariel Alumit

NEW YORK, March 20 (Reuters) – Oil prices fell on Wednesday as the U.S. Federal Reserve held interest rate steady and demand concerns continue to weigh. Brent crude futures for May settled down $1.43, or […]

BlackRock
ESG

Texas schools fund pulls $8.5 billion from BlackRock

March 20, 2024 Mariel Alumit

(Reuters) A Texas school fund told BlackRock it was terminating its contract to manage around $8.5 billion of state money, accusing the investment giant of boycotting fossil fuel energy producers, who represent a large part of […]

US crude inventories
Crude Oil News

EIA: US crude inventories down 2.0 million bbl

March 20, 2024 Mariel Alumit

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased by 2.0 million bbl from the previous week, according to data from the US Energy Information Administration. At 445.0 […]

EQUINOR
Crude Oil News

CERAWEEK-EQUINOR SPENDS $6 BLN/YR TO KEEP NORWAY OIL, GAS STEADY, CEO SAYS

March 20, 2024 Mariel Alumit

HOUSTON, March 19 (Reuters) – Equinor is investing around $6 billion a year in oil and gas exploration and drilling in Norway to maintain steady output levels through 2035, CEO Anders Opedal told Reuters. The Norwegian energy […]

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