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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Climate
Big Oil Companies

Climate protesters dragged away from Shell shareholder meeting: ‘Go to hell!’

May 24, 2023 Mariel Alumit

Climate change protesters were dragged away as they tried to storm the stage at Shell’s shareholder meeting Tuesday, while activist investors added pressure with a resolution demanding the global oil and gas giant beef up its emissions […]

Energy
Electrical Generation / Utilities

U.S. Department of Energy Announces $34 Million to Deploy Clean Energy Technologies in American Indian and Alaska Native Communities

May 24, 2023 Mariel Alumit

PHOENIX, AZ—The U.S. Department of Energy (DOE) today announced $34 million in funding to advance clean energy technology in 18 American Indian and Alaska Native communities. This funding will strengthen tribal communities by supercharging their […]

Supply
Climate Crisis

The U.S. Needs a Domestic Supply Chain for Renewable Technology

May 24, 2023 Mariel Alumit

A primarily domestic supply chain for renewable technologies — such as batteries and solar panels — is becoming increasingly vital as the United States sets plans for clean energy infrastructure expansion. Relying on foreign sourcing […]

Africa
Critical Minerals

Beijing and Washington Are Battling Over Africa’s Green Future

May 24, 2023 Mariel Alumit

In March 2023, three renewable energy players—Conjuncta from Germany, Infinity from Egypt, and Masdar from the United Arab Emirates—signed an agreement with Mauritania’s government to develop a colossal green hydrogen project in the country, worth […]

ExxonMobil
Big Oil Companies

ExxonMobil Sells Williston Assets

May 24, 2023 Mariel Alumit

Chord Energy Corp. has entered a deal to acquire hydrocarbon development areas in the Williston Basin owned by ExxonMobil Corp. for $375 million. The definitive agreement with XTO Energy Inc. and affiliates, which are ExxonMobil […]

Climate
CCUS

Climate Act Reality Strikes As New York Admits it Needs Gas!

May 24, 2023 Mariel Alumit

Suddenly, in order to implement the Climate Leadership & Community Protection Act (Climate Act) net-zero transition the Integration Analysis, the New York Independent System Operator and the New York State Reliability Council all agree that a new resource […]

PHILIPPINES
Electrical Generation / Utilities

AS GAS RESERVES WANE, PHILIPPINES FACES RISING COSTS IN SWITCH TO LNG

May 24, 2023 Mariel Alumit

MANILA/SINGAPORE, May 24 (Reuters) – With just four years before the Philippines‘ only gas field is set to run dry, the country has started importing liquefied natural gas (LNG), creating a fresh headache for a […]

SSE
CCUS

‘Electrifying profits’ from SSE Thermal as hunt continues for CCS

May 24, 2023 Mariel Alumit

SSE (LON:SSE) saw its thermal division – the utilities firm’s gas-fired power plant arm – triple its profits during 2022 as it brought on new generation and enjoyed higher power prices. Adjusted operating earnings, reported […]

Critical Minerals

EU Plans To Jointly Buy Key Minerals And Hydrogen After Gas Purchase Success

May 24, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, The European Union will proceed with plans to establish joint purchases of critical energy transition minerals and hydrogen after the successful outcome of the first joint gas purchases on […]

Price
Investments

Homebuilder Toll Brothers Carves Through Mixed Housing-Market Signals With A 50% Profit Jump

May 23, 2023 Mariel Alumit

Luxury-home builder Toll Brothers (TOL) reported better-than expected second-quarter profits and revenue late Tuesday, buoyed by increased home deliveries and surging unit prices compared to 2022. Toll Brothers stock jumped late Tuesday after falling lower […]

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