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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Oil Prices
Crude Oil News

Oil Prices Drop, OPEC Looks to Produce More After Trump’s Tariff Push

April 9, 2025 Mariel Alumit

President Trump’s tariffs are creating some uncertainty in the United States oil and gas market and resulting in a price drop. Brent crude futures were trading at $69.90 per barrel on Thursday, the same day […]

Texas
Finance

Shadow Inventory of Vacant Homes Suddenly Piles on the Market in Texas. New Listings, Active Listings Spike to Highest for March in Many Years

April 9, 2025 Mariel Alumit

Houston, Dallas-Fort Worth, Austin, San Antonio: Even as sales plunge, vacant homes pile on the market that were held off the market during Covid. By Wolf Richter for WOLF STREET. The inventory of vacant homes is coming out […]

Trump
Climate Crisis

Trump Moves To Revive Coal, Ending Biden’s ‘Climate’ War On Cheap Energy

April 9, 2025 Mariel Alumit

Trump is signing an executive order designed to revitalize coal-fired power plants and the American coal industry, ending Biden’s war on cheap energy. President Donald Trump will sign an executive order Tuesday designed to revitalize […]

Bangladesh
Finance

Bangladesh seeks three spot LNG shipments

April 9, 2025 Mariel Alumit

RPGCL said in a tender document that the delivery windows are May 15-16, May 22-23, and May 25-26. The firm issued the tender to the 22 organizations that have signed the MSPA (master sale and […]

Mozambique
Exports

Mozambique approves Eni’s Coral Norte FLNG project

April 9, 2025 Mariel Alumit

According to a statement by the National Petroleum Institute of Mozambique, the Council of Ministers of Mozambique approved the development plan for the Coral Norte FLNG project in a meeting on Tuesday. This marks a […]

HSM Offshore
International News

HSM Offshore bags substation deal for 960MW UK offshore wind farm

April 9, 2025 Mariel Alumit

ScottishPower Renewables, part of Spain’s Iberdrola, has awarded an engineering, procurement, construction, installation, and commissioning contract for work on the East Anglia Two offshore substation and jacket foundation to HSM Offshore Energy. HSM will deliver […]

Borr Drilling
International News

Borr Drilling nets jackup deal hat-trick worth $120m

April 9, 2025 Mariel Alumit

Offshore jackup rig player Borr Drilling has revealed new deals for a trio of jackup rigs in the company’s new fleet update. In Southeast Asia, the Thor rig received a binding letter of award from […]

Container bookings into the US
Commodities

Container bookings into the US slump by two-thirds in the space of one ‘explosive’ tariff week

April 9, 2025 Mariel Alumit

Donald Trump’s self-described next set of “explosive” tariffs are now in effect, including 104% on China, the world’s biggest exporter. Also on the list are 60 of what the American president described as the “worst […]

PMI
Finance

But this Kind of Dynamic Sprinkles Additional Cold Water on the Idea of a Looming Recession

April 8, 2025 Mariel Alumit

Inland Empire PMI spikes to highest since early 2021, New Orders spike to record: Private sector is dynamic, but not always in linear ways. By Wolf Richter for WOLF STREET. Corporate frontrunning of tariffs is now a big […]

NextDecade
Finance

NextDecade, Aramco seal 20-year LNG SPA

April 8, 2025 Mariel Alumit

Under the SPA, a unit of Aramco will purchase 1.2 million tonnes per annum (mtpa) of LNG per year from Train 4 at the Rio Grande LNG facility on a free on board basis, at […]

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