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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Crude Oil News

EU chief sheds light on new sanctions against Russia

November 5, 2023 Mariel Alumit

There is a growing rift among the bloc’s member states on imposing additional restrictions The EU is set to announce its 12th package of Ukraine-related sanctions on Russia next week, European Commission President Ursula von […]

US Dollar
Finance

Death of dollar predictions are ‘no exaggeration’ – ex-White House adviser

November 5, 2023 Mariel Alumit

The growing use of national currencies by BRICS countries is likely to speed up de-dollarization, economist Joe Sullivan says The US dollar is facing a growing challenge from BRICS countries due to the bloc’s planned […]

Buffett
Finance

Berkshire Cash Pile Hits All-Time High $157 Billion, As Buffett Sells A Record $38BN In Stock In Past Year

November 5, 2023 Mariel Alumit

Over the years, Warren Buffett has been opportunistic and “fluid” with his ideals and political opinions – he describes himself as a “democrat” yet without batting an eyelid will demand government bailouts for his portfolio […]

Energy
International News

Energy giants’ LNG trading results reveal diverging regional bets

November 4, 2023 Mariel Alumit

Nasdaq LONDON – Energy giants offered a rare glimpse into their liquefied natural gas (LNG) trading strategies in recent days, with Shell’s and TotalEnergies’ bets on rising Asian demand paying off while BP’s bet on […]

Chevron
Big Oil Companies

Chevron to promote Venezuelan oil chief to run Latin American operations following sanctions relief

November 4, 2023 Mariel Alumit

World Oil (Bloomberg) – Chevron Corp. will promote Javier La Rosa to run its operations in Latin America as it builds its presence in the region. La Rosa, who joined the oil giant in 2000, will […]

Oil
Crude Oil News

Oil heads for weekly loss as geopolitical risk premium wanes

November 4, 2023 Mariel Alumit

CNBC Oil rose on Friday, as the U.S. jobs market slowed more than expected last month, bolstering expectations of a pause in interest rate hikes in the world’s biggest consumer, but they remained on track […]

Oil worker
Big Oil Companies

Oil worker wages hit U.S record amidst slowing shale activity

November 4, 2023 Mariel Alumit

World Oil (Bloomberg) –Wages for U.S. oil workers climbed for a third straight month, setting a fresh record as paychecks prove resilient amid slowing shale activity. Average hourly earnings for front-line oil-and-gas workers rose 0.9% in […]

Bayswater
Energy Tech

Bayswater deploys innovative nitrogen technology in DJ Basin to eliminate consistent source of methane emissions

November 4, 2023 Mariel Alumit

Oil and Gas 360 DENVER, Nov. 2, 2023 /PRNewswire/ — Bayswater Exploration & Production (Bayswater) is proud to be the first operator in the Denver–Julesburg (DJ) Basin to deploy a new innovative technology from Kathairos Solutions that utilizes nitrogen […]

Ukraine
Geopolitical

Game Over: US, European Officials Quietly Nudge Ukraine To Seek Peace

November 4, 2023 Mariel Alumit

With the world’s attention squarely fixed on the Israel-Gaza war — while baseless hope for a Ukrainian expulsion of the Russian army has evaporated — US and European officials have started quietly conferring with Ukraine […]

Equinor
Energy Transition

Equinor CEO: ‘Different Views’ on Transition Needed for Balance

November 3, 2023 Mariel Alumit

Equinor’s strategic fine-tuning means renewable electricity growth will be less exclusively focused on offshore wind, although that remains critical, while oil and gas production will remain steady this decade, but pivoting increasingly toward natural gas. […]

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