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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Adnoc Drilling
Big Oil Companies

Adnoc Drilling lands $1.63bn contract

April 17, 2025 Mariel Alumit

UAE-based Adnoc Drilling has been awarded a $1.63bn contract from state-owned Abu Dhabi National Oil Company (ADNOC). The five-year deal will see the largest national drilling company in the Middle East by rig fleet size […]

Alexandroupolis
International News

Gastrade to begin gradual restart of Alexandroupolis FSRU in May

April 16, 2025 Mariel Alumit

In January, Gatsrade suspended regasification services due to a technical issue. The Greek company first announced the unavailability of regasification services on January 23, and one day after that, it said that the “Alexandroupolis LNG […]

Geopolitical

Ecuador Sticks With Trump-Friendly President

April 16, 2025 Mariel Alumit

Incumbent Daniel Noboa won a campaign roiled by transnational gang violence and an energy crisis. ​ Report Ecuador Sticks With Trump-Friendly President Incumbent Daniel Noboa won a campaign roiled by transnational gang violence and an […]

German LNG
Imports

Dutch duo to build German LNG jetty

April 16, 2025 Mariel Alumit

The order was placed as a subcontractor to main contractor CS Gas North, a collaboration between Spanish companies Cobra and Sener, a spokesman for German LNG Terminal told LNG Prime. The spokesamn did not provide […]

Australian LNG export revenue
Exports

Australian LNG export revenue drops in March

April 16, 2025 Mariel Alumit

The consultancy estimates that Australian LNG export revenue reached A$5.59 billion ($3.55 billion) last month. EnergyQuest said this was down by 6 percent from March 2024 when it was A$5.94 billion, but it was higher […]

Ruwais LNG
Finance

Adnoc, Mitsui seal Ruwais LNG supply deal

April 16, 2025 Mariel Alumit

Under the SPA, Mitsui will buy up to 0.6 million metric tonnes per annum of LNG, according to a statement by Adnoc. Mitsui is also one of the international partners in the Ruwais LNG project. […]

BW Energy
Crude Oil News

BW Energy sets aside $107m to boost production from Brazilian deepwater field

April 16, 2025 Mariel Alumit

Oslo-listed BW Energy has made a final investment decision for the Golfinho Boost project, aiming to increase incremental oil production from 2027 by 3,000 barrels per day. According to the company, the project will also […]

Nvidia
AI

Nvidia Makes Mess Afterhours, Discloses $5.5 Billion in Charges due to US Export Restrictions on its H20 Chip for China

April 15, 2025 Mariel Alumit

Stock down 6.5%, Nasdaq futures down 1.5%. By Wolf Richter for WOLF STREET. Nvidia disclosed in a filing with the SEC that it expects to charge up to $5.5 billion against earnings in its fiscal Q1 due to […]

Canada
Finance

The Most Splendid Housing Bubbles in Canada, March 2025: Sales Plunge, Supply Surges, Overall Prices Drop to Multi-Year Lows, Driven by Toronto

April 15, 2025 Mariel Alumit

But in some metros, prices continued to spike. By Metro: Toronto, Vancouver, Victoria, Calgary, Ottawa, Montreal, Halifax, Edmonton, Winnipeg, Quebec City. By Wolf Richter for WOLF STREET. As sales plunged and supply surged, prices of single-family properties in […]

Hudong-Zhonghua
International News

Hudong-Zhonghua delivers CMA CGM’s LNG-powered giant

April 15, 2025 Mariel Alumit

Chinese shipbuilder Hudong-Zhonghua has delivered CMA CGM’s first in a new series of 23,000-teu LNG dual-fuel containerships. The CSSC-controlled shipbuilder delivered the LNG dual-fuel CMA CGM Seine on Tuesday. Last month, this containership competed its […]

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