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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Saudi Arabia
Exports

New container shipping line established in Saudi Arabia

February 28, 2024 Mariel Alumit

ContainersMiddle East Folk Maritime A new feeder and short-sea shipping company has been launched in Saudi Arabia to link the kingdom with other key ports in the Red Sea. The Riyadh-based Folk Maritime is headed […]

DeepOcean
International News

DeepOcean awarded Equinor pipeline survey contract

February 28, 2024 Mariel Alumit

EuropeOffshore Norwegian ocean services provider DeepOcean has secured a survey contract from Equinor on the operator’s gas pipelines in the North Sea. Under the contract, valid for 2024, DeepOcean’s scope of work covers pipeline inspections, […]

China
International News

EPS orders two LNG-powered tankers in China

February 28, 2024 Mariel Alumit

Singapore’s Eastern Pacific Shipping has ordered two LNG dual-fuel LR2 oil tankers in China. EPS and CSSC’s Guangzhou Shipbuilding International (GSI) signed a contract for the two 110-000-dwt vessels on Wednesday during a ceremony in […]

Index
Finance

The Most Splendid Housing Bubbles in America, Feb 2024 Update: 20-City Index Drops for 2nd Month from Double-Top. Biggest Price Drops from 2022 Peak: San Francisco, Seattle, Portland, Denver, Phoenix, Las Vegas, Dallas, San Diego

February 28, 2024 Mariel Alumit

The overall home price index for the 20 metros that today’s S&P CoreLogic Case-Shiller Home Price Index covers declined by 0.6% from the prior month, the second month in a row of declines. The index formed […]

Coeur
Critical Minerals

Coeur raising $25 million via flow-through shares for Canadian project

February 27, 2024 Mariel Alumit

  Coeur Mining (NYSE: CDE) is offering approximately 7.7 million flow-through shares to raise C$34 million ($25m) with which to advance exploration at its Silvertip silver-zinc-lead property in British Columbia, 16 km south of the […]

OPEC+
Crude Oil News

Oil rises more than $1/bbl as OPEC+ mulls extending output cuts

February 27, 2024 Mariel Alumit

HOUSTON, Feb 27 (Reuters) – Oil prices rose more than $1 a barrel on Tuesday as sources said OPEC+ is considering extending voluntary oil output cuts into the second quarter to provide additional support. Brent crude futures […]

Permian Resources
Crude Oil News

Permian Resources Announces Strong Fourth Quarter 2023 Results and Provides Highly Capital Efficient Full Year 2024 Plan

February 27, 2024 Mariel Alumit

MIDLAND, Texas, Feb. 27 /BusinessWire/ — Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE:PR) today announced its fourth quarter and full year 2023 financial and operational results and 2024 operational plans. Permian Resources’ full […]

Civitas Resources, Inc.
Crude Oil News

Civitas Resources, Inc. Announces Share Repurchase From NGP

February 27, 2024 Mariel Alumit

DENVER, Feb. 27 /BusinessWire/ — Civitas Resources, Inc. (NYSE:CIVI) (“Civitas” or the “Company”), today announced the execution of a definitive agreement to repurchase approximately 876 thousand shares of its common stock at a price of […]

Oil and gas profits
Finance

Oil and gas profits triple under Joe Biden even as industry decries him

February 27, 2024 Mariel Alumit

Profits for the biggest US oil and gas producers have almost tripled under President Joe Biden, even as the industry berates his administration’s “hostile” policies and warns that a second term would be “disastrous” for […]

QatarEnergy
Geopolitical

Qatar’s new LNG expansion plans to squeeze out US, other rivals

February 27, 2024 Mariel Alumit

Qatar’s planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden […]

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