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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

TotalEnergies
Finance

TotalEnergies seals 16-year LNG supply deal with Singapore’s Sembcorp

February 29, 2024 Mariel Alumit

Image: TotalEnergies French energy giant TotalEnergies has signed a 16-year liquefied natural gas (LNG) supply deal with Singapore’s Sembcorp Industries. TotalEnergies Gas & Power Asia and Sembcorp Fuels signed the sale and purchase agreement. According […]

net
Earnings

Excelerate reports higher net income in 2023

February 29, 2024 Mariel Alumit

US FSRU player Excelerate Energy reported higher net income and adjusted Ebitda in 2023 mainly due to new charters in Finland and Germany. Besides new charters, net income rose 58.5 percent to $126.8 million in […]

LNG
Exports

UK was top destination for US LNG cargoes in December

February 29, 2024 Mariel Alumit

The United Kingdom was the top destination for US liquefied natural gas (LNG) supplies in December as Europe continues to receive the majority of volumes produced at US liquefaction plants, according to the Department of […]

Russia
Finance

Russia can enter world’s top four economies – Putin – Sanctions, I don’t fear them, they tickle

February 29, 2024 Mariel Alumit

Already the largest in Europe, the country is now looking to pass Japan, according to the president Russia is already the biggest economy in Europe in Purchasing Power Parity (PPP) terms, and could join the […]

BRICS
BRICS

BRICS overtaking G7 in economic might – Putin

February 29, 2024 Mariel Alumit

The group will account for 36.6% of the world’s GDP in PPP terms by 2028, according to the Russian president The BRICS states are overtaking the G7 in terms of share in global GDP in […]

Minnesota coalition
Electrical Generation / Utilities

Minnesota coalition seeks to remove barriers to building power lines along highways 

February 29, 2024 Mariel Alumit

​ A coalition of labor and environmental groups is putting its support behind perennial Minnesota legislation meant to lift a barrier to building power lines in the rights-of-way of federal highways in the state. NextGen […]

BHP
International News

BHP studies nuclear-powered ships

February 29, 2024 Mariel Alumit

Mining giant BHP has become the latest big name to study the potential for nuclear to power ships. The Australian headquartered company tapped Dutch consultants ULC-Energy to compare key characteristics of various civil reactor designs […]

wind farms
Energy Transition

Only three wind farms were connected to the power grid last year. Here’s what’s holding up Australia’s clean energy transition.

February 28, 2024 Mariel Alumit

Like many things, solving the climate crisis is all about science and maths. wind farms lot of solar panels and transmission lines) to meet his government’s ambitious renewable energy target. Given he said this towards […]

Warren Buffett
Finance

Warren Buffett Regrets Owning Electric Utilities

February 28, 2024 Mariel Alumit

This year’s Berkshire Hathaway investor letter should be sobering for US electric utility investors. Mr. Buffett discusses two reasons why he appears to have soured on the business prospects for US-regulated electric utilities. Buffett recognizes […]

John Kerry
Climate Crisis

Demagogues imperilling global fight against climate breakdown, says Kerry

February 28, 2024 Mariel Alumit

The populist backlash against net zero around the world is imperilling the fight against climate breakdown and must be countered urgently or we face planetary destruction “beyond comprehension”, the US climate chief, John Kerry, has warned. […]

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