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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Gas Pipeline
Geopolitical

Major Gas Pipeline Explosion In Iran Deemed ‘Terrorist Sabotage’

February 15, 2024 Mariel Alumit

In the overnight hours reports emerged of two explosions along Iran’s main south-north gas pipeline network. At least one of the massive fires that resulted was caught on video, which widely circulated, leading to speculation over whether […]

Argentina
Bankruptcy

Inflation in Argentina catapults past 250%

February 15, 2024 Mariel Alumit

  Consumer prices in the South American country have soared since the devaluation of the peso by the new government Annual inflation in Argentina hit a three-decade high of 254% in January even as the […]

Dominion Energy
Energy Policy

Virginia lawmakers delay decision on Dominion Energy’s offshore wind monopoly

February 15, 2024 Mariel Alumit

  Renewable energy advocates have vowed to double down next year on legislation designed to enable competition with Dominion Energy on offshore wind projects serving Virginia. A legislative committee unanimously tabled a proposal to let […]

Magni Partners
International News

Magni Partners orders two more VLCCs from New Times

February 15, 2024 Mariel Alumit

Johnnie / MarineTraffic Tor Olav Trøim’s private investment vehicle Magni Partners has doubled its VLCCs order from China-based New Times Shipbuilding with two new 320,000 dwt vessels. Trøim told delegates at the Marine Money’s New […]

Kremlin
Geopolitical

Kremlin responds to rumors of Russian space nukes

February 15, 2024 Mariel Alumit

Several US media outlets have claimed that Moscow wants to put a nuclear anti-satellite system into orbit Western media reports claiming that Russia could place nuclear weapons in space are nothing more than a ploy […]

Finnish mine
Energy Storage

First commercial gravity storage for energy planned in Finnish mine

February 15, 2024 Mariel Alumit

  Gravitricity, a Scottish company, has set its sites on turning a closed Finnish mine into a giant storage battery for renewable energy. The GraviStore gravity energy storage system (GESS) is the first commercial-scale deployment […]

Adnoc
Big Oil Companies

Adnoc, BP to form gas JV in Egypt

February 15, 2024 Mariel Alumit

Energy giants Adnoc and BP have agreed to form a joint venture in Egypt that will focus on natural gas. The JV, in which UK-based BP will have 51 percent and UAE’s Adnoc 49 percent, […]

Principle Power
International News

Aker Solutions, Principle Power score work on Korean 1GW floating wind project

February 15, 2024 Mariel Alumit

Principle Power Copenhagen Infrastructure Partners (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for the floating foundations for the Haewoori 2 and 3 offshore wind projects off […]

Africa
Critical Minerals

US to explore African minerals for energy transition

February 14, 2024 Mariel Alumit

The United States is set to invest in mining Africa’s essential mineral resources for the ongoing energy transition, which involves transitioning from traditional fossil fuels to cleaner energy sources such as solar and wind power. […]

PG&E
Electrical Generation / Utilities

PG&E becomes California’s most expensive power provider

February 14, 2024 Mariel Alumit

On Jan. 1,  PG&E started charging 13% more for power. The rate hike – expected to cost an average family another $33 a month – will pay to bury power lines and other wildfire mitigation […]

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