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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Oil
Crude Oil News

Oil prices dip on profit-taking despite tighter U.S. supplies

July 19, 2023 Mariel Alumit

U.S. crude, gasoline stockpiles fell last week China vows to roll out consumption support policies US data boosts hopes of end to interest rate hikes NEW YORK, July 19 (Reuters) – Oil prices edged lower […]

biofuel
Biofuel

Small U.S. refiners plan to challenge biofuel blending waiver denials

July 19, 2023 Mariel Alumit

(Reuters) – A group of refiners plan to file a lawsuit challenging the Biden administration’s rejection of waivers to exempt oil refiners from biofuel blending mandates which has left some on the hook for hundreds […]

energy
Energy Crisis

Transmission development pace ‘severely’ limits renewable energy, carbon reduction potential: report

July 19, 2023 Mariel Alumit

A failure to speed up transmission expansion in the United States “severely” limits potential wind, solar and energy storage projects, cutting possible greenhouse gas emissions reductions roughly in half, according to a Princeton University-led REPEAT Project report. […]

China
Climate Crisis

Kerry’s trip to China yields no breakthrough on climate

July 19, 2023 Mariel Alumit

The United States and China failed to reach new climate agreements despite “productive” conversations, special climate envoy John Kerry said Wednesday after a four-day visit to Beijing, an outcome that underscores the tensions between the […]

Jet
Climate Crisis

DAVID BLACKMON: John Kerry’s Private Jet Hypocrisy Really Does Matter

July 19, 2023 Mariel Alumit

Much media attention has focused on a remarks made by Climate Czar John Kerry last week about his alleged private jet usage. Many of Kerry’s defenders have responded by saying none of it matters, but […]

Economic
Crude Oil News

Uncertainty In Oil Markets As Fundamentals Counter Economic Concerns

July 19, 2023 Mariel Alumit

Both WTI and Brent dropped in early trading on Wednesday before recovering as traders weigh economic concerns and tightening supply. The API reported a draw in crude and gasoline inventories which, if confirmed by the […]

Baker Hughes
Earnings

Baker Hughes Q2 Profit Beats Analyst Estimates

July 19, 2023 Mariel Alumit

Oilfield services provider Baker Hughes (NASDAQ: BKR) reported on Wednesday second-quarter earnings beat analyst expectations as strong global upstream activities and the return of offshore drilling more than offset a recent market softness in North […]

Crude
Crude Oil News

WTI Drops Despite Crude Inventory Draw

July 19, 2023 Mariel Alumit

Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory dip of 700,000 barrels for the week ending July 14, falling to 457.4 million barrels—a figure that is 1% above the five-year […]

Oil
Big Oil Companies

She’s on a Mission From God: Suing Big Oil for Climate Damages

July 19, 2023 Mariel Alumit

Missy Sims carefully picked her way through a field of ruined tombs in central Puerto Rico, in a cemetery where walls of water from Hurricane Maria had smashed open some coffins and sent others careering […]

energy
Exports

IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda

July 19, 2023 Mariel Alumit

In the aftermath of the Ukraine crisis, the global energy crisis took the world by storm last year, reshaping the structure of natural gas markets and leaving profound implications in its wake for policymakers and […]

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