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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

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 […]

GreenLine
International News

India’s GreenLine invests further in LNG-powered trucks

April 15, 2025 Mariel Alumit

GreenLine announced in a statement last week a $275 million equity investment. According to the firm, the funding will enable the deployment of over 10,000 LNG and EV trucks, along with the establishment of a […]

Climate Research
Climate Crisis

Trump Admin To Shut Down NOAA’s Main Climate Research Division

April 14, 2025 Mariel Alumit

Trump plans deep NOAA budget cuts by ending key climate research programs, slashing woke projects and wasteful spending, per internal memo. ​President Donald Trump’s administration is gearing up to effectively cut NOAA’s Office of Oceanic […]

Climate Crisis

U.N. Maritime Agency Slaps First-Ever Emissions Tax On Shipping In Latest Money Grab

April 14, 2025 Mariel Alumit

The International Maritime Organization approved the first global shipping carbon tax, drawing backlash from shippers, oil states, and Trump officials. ​The UN’s International Maritime Organization (IMO) held a meeting in London on Friday at which […]

Climate Crisis

Europe’s Net Zero Insanity Reads like a Babylon Bee Parody

April 14, 2025 Mariel Alumit

Europe’s Net Zero Insanity Reads like a Babylon Bee Parody You can not make up stories like a Babylon Bee Parady in real life; no, wait, you can. The UK just announced that it is […]

NextDecade
Big Oil Companies

NextDecade, TotalEnergies seal 20-year LNG SPA

April 14, 2025 Mariel Alumit

NextDecade said on Monday that units of both firms have executed a long-term LNG sale and purchase agreement (SPA) for offtake from Train 4. Under the terms of the SPA, TotalEnergies Gas & Power North […]

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