In this episode of the Energy News Beat Daily Standup, the hosts, Stuart Turley and Michael Tanner discuss key energy developments, including Woodside’s $17.5 billion LNG project in Louisiana, with Saudi Aramco joining in 2029, boosting U.S. trade. They also cover EU sanctions on Russian ships and U.S. efforts to target Iran’s oil trade with China. The hosts highlight peak coal discussions at the Geneva conference, the global shift toward LNG, and Venture Global’s upcoming 20-year LNG contracts. The episode concludes with market updates on oil and gas prices, OPEC's forecast adjustments, and insights from industry analysts.

Highlights of the Podcast

00:00 - Intro

02:12 - Aramco plans to join Woodside’s Louisiana LNG project

03:53 - EU sanctions target nearly 200 Russia-linked ships

05:50 - Washington issues further sanctions aimed at Iran’s trade with China

07:39 - Peak coal and energy security dominate discussion at Geneva conference

09:41 - CEO: Venture Global to sign multiple 20-year LNG contracts in coming quarters

13:38 - Markets Update

14:29 - EIA Crude Oil Inventory Report

15:38 - Outro

Please see the links below or articles that we discuss in the podcast.

Aramco plans to join Woodside’s Louisiana LNG project

EU sanctions target nearly 200 Russia-linked ships

Washington issues further sanctions aimed at Iran’s trade with China

Peak coal and energy security dominate discussion at Geneva conference

CEO: Venture Global to sign multiple 20-year LNG contracts in coming quarters

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In this episode of the Energy News Beat Daily Standup, the hosts, Stuart Turley and Michael Tanner break down Equinor's potential cancellation of its $2.5 billion Empire Wind project off Long Island due to halted federal support, rising electricity costs, and lost tax credits. They also cover Ukraine’s first bio-LNG export to the EU, Sempra’s LNG pre-commissioning in Mexico, and Russia’s multi-billion-dollar domestic fleet expansion aimed at Arctic shipping dominance. The duo wraps with market updates, falling oil service earnings, and insights into tariffs, LNG, and U.S.–Saudi energy ties.

Highlights of the Podcast

00:00 - Intro

02:07 - Ukraine’s MHP delivers first bio-LNG supplies to EU

03:55 - Equinor could axe wind project off New York within days

07:35 - Sempra’s ECA LNG export project starts pre-commissioning activities

09:26 -Russia readies billions for domestic fleet buildout

14:19 - Markets Update

17:07 - Halliburton, Schlumberger Brace for the Next Oil Slump

19:40 - Outro

Please see the links below or articles that we discuss in the podcast.

Ukraine’s MHP delivers first bio-LNG supplies to EU

Equinor could axe wind project off New York within days

Sempra’s ECA LNG export project starts pre-commissioning activities

Russia readies billions for domestic fleet buildout

Halliburton, Schlumberger Brace for the Next Oil Slump

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Follow Michael On LinkedIn and Twitter

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In this episode of the Energy News Beat Daily Standup, the hosts, Stuart Turley and Michael Tanner discuss the ongoing fiscal challenges Saudi Arabia faces as oil prices stay below the required levels to balance its budget, and the U.S. government’s efforts to refill the Strategic Petroleum Reserve (SPR) with a proposed $1.3 billion investment. The duo also touches on Texas’ grid issues and high electricity rates caused by wind and solar costs, the potential for UK blackouts, and speculation around Shell’s possible acquisition of BP amidst weak earnings. Finally, they discuss the broader energy market outlook, with a focus on oil price fluctuations and geopolitical impacts.

Highlights of the Podcast

00:00 - Intro

01:52 - Saudi Arabia Spends Like Oil’s Still at $90

04:10 - Republicans Push to Refill the Strategic Petroleum Reserve With $1.3 Billion

07:42 - Texas Laws Aim To Stabilize ERCOT Grid By Leveling The Playing Field Among All Power Generators

10:42 - Can the UK avoid the Spain Blackouts? Or are they doomed?

5:44 - Markets Update

18:54 - Is Shell Sizing Up Oil’s Biggest Power Grab Yet?

22:14 - Outro

Please see the links below or articles that we discuss in the podcast.

Saudi Arabia Spends Like Oil’s Still at $90

Republicans Push to Refill the Strategic Petroleum Reserve With $1.3 Billion

Texas Laws Aim To Stabilize ERCOT Grid By Leveling The Playing Field Among All Power Generators

Can the UK avoid the Spain Blackouts? Or are they doomed?

Is Shell Sizing Up Oil’s Biggest Power Grab Yet?

Follow Stuart On LinkedIn and Twitter

Follow Michael On LinkedIn and Twitter

ENB Top News

Energy Dashboard

ENB Podcast

ENB Substack

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Oil & Gas Investing

– Get in Contact With The Show –