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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Supply
Big Oil Companies

Supply and Demand Shocks Still Rocking Energy Markets

February 5, 2024 Mariel Alumit

A year and a half after a renowned Harvard professor described the pandemic of 2020 as “the mother of all shocks” to energy markets, oil and gas prices are still being rocked by supply and […]

Sea
Geopolitical

Houthis threaten to cut intercontinental internet cables running along Red Sea bottoms

February 5, 2024 Mariel Alumit

Yemen’s AnsarAlla threatens to cut fibre optic cable in the Red Sea and the region, Azernews reports, citing foreign media. This will happen if the US and UK strike Yemen’s airports again. Internet cables serve as communication […]

Gasum
Biofuels

Gasum to build new Swedish bio-LNG plant

February 5, 2024 Mariel Alumit

Finnish state-owned energy firm and LNG supplier, Gasum, has decided to build a new liquefied biogas (bio-LNG) plant in Borlange, Sweden. Gasum said the the investment decision is the next step in its plan to […]

Shell
Exports

Shell CEO: LNG Canada to start commissioning later this year

February 5, 2024 Mariel Alumit

Shell’s LNG Canada terminal is more than 90 percent complete and the project is preparing to launch commissioning activities later this year, according to Shell’s CEO, Wael Sawan. This is the first large LNG export […]

ExxonMobil
Big Oil Companies

ExxonMobil says Golden Pass plant on track to deliver first LNG in H1 2025

February 5, 2024 Mariel Alumit

Energy giants QatarEnergy and ExxonMobil are still expecting to start LNG production at their Golden Pass LNG export terminal on the US Gulf Coast near Sabine Pass, Texas, in the first half of 2025. State-owned […]

Vintage VLCC prices
Crude Oil News

Vintage VLCC prices edge down

February 5, 2024 Mariel Alumit

Tankers Even though more than 10 rusty ladies have been reported sold this year, prices are finally coming down for vintage VLCCs. Broking sources report that a raft of ships have been circulated, but buyers […]

LNG carrier deliveries
Exports

LNG carrier deliveries this year to smash previous record by close to 50%

February 5, 2024 Mariel Alumit

GasShipyards Nakilat The pace of LNG newbuild deliveries will smash records this year, beating the previous annual gas ship delivery peak of 2021 by 48%. Data from Clarksons Research shows 89 LNG ships – with […]

Price
Finance

How the Housing Market Split in Two, Doubts about the Taming of Inflation, and What’s Going on with New &; Used Vehicles

February 4, 2024 Mariel Alumit

Wolf Richter on “This Week in Money,” at HoweStreet.com, recorded on February 1: Enjoy reading WOLF STREET and want to support it? You can donate. I appreciate it immensely. Click on the beer and iced-tea mug to […]

Chile’s mining sector
Critical Minerals

Chile’s mining sector needs 34,000 new professionals by 2032 – report

February 4, 2024 Mariel Alumit

  The mining industry in Chile, the world’s top copper producer and second-largest lithium producer, will need more than 34,000 new workers by 2032, according to a study released this week. The report by the […]

gold
Finance

Central-bank buying spree driving demand for gold – report

February 3, 2024 Mariel Alumit

  Net purchases in 2023 almost matched the previous year’s record, the World Gold Council has said Total gold demand hit the highest level on record last year of 4,899 tons amid global uncertainty and […]

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