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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Oil
Crude Oil News

Oil Settles in Tightest Weekly Range Since 2021

March 11, 2024 Mariel Alumit

Oil eased lower as a brief outage on North America’s Keystone pipeline failed to shake prices out of the tightest weekly trading range in years. West Texas Intermediate fell 1.2% to settle near $78, further […]

Spanish LNG imports
Imports

Spanish LNG imports, reloads down in February

March 11, 2024 Mariel Alumit

Spanish liquefied natural gas (LNG) imports and reloads decreased in February compared to the same month last year, according to Enagas. LNG imports decreased by 14.3 percent to about 18.4 TWh in February and accounted […]

Cheniere’s Corpus Christi LNG
Exports

Cheniere’s Corpus Christi LNG expansion project almost 53 percent complete

March 11, 2024 Mariel Alumit

The Stage 3 expansion project at Cheniere’s Corpus Christi LNG export plant in Texas is almost 53 percent complete, and the US LNG exporting giant is working to start production at the first train later […]

YPF
International News

YPF expects FID on first phase of Argentina LNG project in 2025

March 11, 2024 Mariel Alumit

Argentina’s state-owned oil and gas company YPF expects to take a final investment decision on the first phase of the planned Argentina LNG export project it is developing with Malaysia’s Petronas in 2025, according to […]

Russian crude exports
Crude Oil News

Russian crude exports seen peaking as sanctions hit home

March 11, 2024 Mariel Alumit

EuropeTankers G-R / Marine Traffic Efforts by regulators in the US, Britain and the European Union to engage more directly with shipowners and service providers linked to Russian oil exports are paying off with clear […]

ZPMC
AI

ZPMC responds to American cybersecurity concerns

March 11, 2024 Mariel Alumit

The world’s largest port crane manufacturer, Shanghai Zhenhua Heavy Industries (ZPMC), has denied claims from US politicians that its equipment poses a cybersecurity threat. A US congressional probe found questionable communications equipment on Chinese-built ship-to-shore […]

Unrealized Losses
Finance

The Banks: “Unrealized Losses” in Q4, Securities Held by Banks, Bank Failures, and the Dropping Bank Count

March 10, 2024 Mariel Alumit

In 2024, some banks will fail. In 2023, five banks failed. In 1989, over 500 banks failed. Since 1936, there were only 5 years without bank failures.  By Wolf Richter for WOLF STREET. The rate-cut-mania-inspired plunge in longer-term yields […]

Oil
Crude Oil News

Oil Settles in Tightest Weekly Range Since 2021

March 8, 2024 Mariel Alumit

Oil eased lower as a brief outage on North America’s Keystone pipeline failed to shake prices out of the tightest weekly trading range in years. West Texas Intermediate fell 1.2% to settle near $78, further […]

nuclear power
AI

The AI industry is pushing a nuclear power revival — partly to fuel itself

March 8, 2024 Mariel Alumit

Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. Now they have another incentive to promote it: artificial […]

South Africa
International News

South Africa Needs To Use Its Abundant Domestic Natural Gas To Fix Its Energy Crisis Today.

March 8, 2024 Mariel Alumit

By NJ Ayuk, Executive Chairman, African Energy Chamber South Africans don’t want to breathe clean air in the dark. Energy woes are synonymous with South Africa right now. As the country’s fleet of mostly coal-powered […]

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