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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Egypt
Exploration and Production

Egypt’s energy sector set to attract $8bn in coming fiscal year, minister says

July 6, 2023 Mariel Alumit

Egypt’s energy sector expects to attract $8 billion in foreign investment in the coming fiscal year as the country looks to boost its natural gas production. The investments will be allocated to developmental and operational activities […]

Exxon
Big Oil Companies

Exxon Flags Falling Profit Amid Low Natural Gas Prices And Refining Margins

July 6, 2023 Mariel Alumit

ExxonMobil (NYSE: XOM) expects to book sharply lower second-quarter earnings compared to the same period last year and to the first quarter, due to low natural gas prices and lower refining margins. For the first […]

minerals
CCUS

No way out | Critical minerals supply crunch is going to hurt green transition, warns McKinsey

July 6, 2023 Mariel Alumit

Even with low transition 2.4 ̊ C scenario, minerals and metals needed for lower-carbon technologies face shortages by 2030, consultancy calculates The world is heading for a turbulent period of energy transition where constraints on […]

Peter
Energy Transition

Peter Dutton ramps up nuclear power push and claims Labor down ‘renewable rabbit hole’

July 6, 2023 Mariel Alumit

The opposition leader, Peter Dutton, has ramped up calls for nuclear power in Australia, casting the move as a way to avoid dependence on wind and solar technology from China and a natural next step from […]

Duke
Electrical Generation / Utilities

Duke Energy to sell distributed generation portfolio in $364 million deal

July 6, 2023 Mariel Alumit

(Reuters) – Utility firm Duke Energy said on Wednesday it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal. The business includes operating assets of […]

BIDEN
Coal

TOP REPUBLICANS RAISE ALARM ON BIDEN’S POWER PLANT REGS: ‘GROWING RISKS TO ELECTRIC RELIABILITY’

July 6, 2023 Mariel Alumit

FIRST ON FOX: High-ranking Senate Republicans are calling for the nation’s top energy regulator to immediately assess the impact President Biden’s crackdown on fossil fuel power plants will have on electric grid reliability. The two Republicans — Energy […]

EnergyNews

Citing racial disparities and rising gas rates, Illinois groups call for building electrification

July 6, 2023 Mariel Alumit

​ Illinois consumer and environmental groups are arguing in filings before the state commerce commission that there is racial disparity and “environmental racism” in Peoples Gas’ record of disconnection and reconnection in Chicago, as the […]

Price
EIA News

Two counties in New Mexico account for 29% of Permian Basin crude oil production

July 6, 2023 Mariel Alumit

July 6, 2023 Data source: U.S. Energy Information Administration and Enverus In southeastern New Mexico, horizontal wells in Lea and Eddy counties drove much of the recent growth in Permian Basin crude oil output. Output […]

Energy
Climate Crisis

New Month, Another Movement: Corporate Media Refocuses Energy On Climate Doom

July 6, 2023 Mariel Alumit

A new month, another movement, which means corporate media has moved on from everything about rainbows and refocused its energy on climate doom. The most popular weather story of the day by nearly every corporate […]

grid
Electrical Generation / Utilities

Darwin-Katherine grid at risk of power blackouts within three years, Utilities Commission finds

July 6, 2023 Mariel Alumit

The Top End’s electricity grid faces risks of blackouts within three years because the NT government has been slow to deal with increasing rooftop solar and the scheduled retirement of gas generators, according to a NT […]

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