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

Follow Stuart On LinkedIn and Twitter

Follow Michael On LinkedIn and Twitter

ENB Top News

Energy Dashboard

ENB Podcast

ENB Substack

ENB Trading Desk

Oil & Gas Investing

– Get in Contact With The Show –

In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley interviews Kent Williamson, author of American Heat Engine, Hydrocarbons and the Power of the United States. They discuss the vital role of hydrocarbons in American history, touching on topics such as the impact of coal, oil, and natural gas, and how the U.S. has utilized private mineral rights to become a leading energy producer. Kent also highlights energy security issues, particularly in California, and the global importance of LPG in providing energy solutions to underserved populations. The conversation explores energy's complex role in shaping geopolitics and the economy, with Kent stressing the need for a better understanding of the energy industry.

We are in an energy revolution. Energy consumers are waking up to the fact that high energy prices come from "Green Energy Policies" that impact and hurt the environment and economy more than they provide electricity. Kent's book tells us how we got here and has some great insights as a guide for where we need to go.

I look forward to more conversations with Kent as we move into the next energy era.

You can get the book here: https://a.co/d/fzFJ86V

Follow Kent on his LinedIn Here: https://www.linkedin.com/in/kent-j-williamson-830bb617/

Highlights of the Podcast

00:00 - Intro

01:04 - Kent's Career and Energy Industry Insights

04:09 - History of Energy in America

05:07 - Book Launch and Pricing

08:25 - Energy Security and Coal's Role

12:23 - Energy's Humanitarian Impact

16:34 - Energy Production and National Security

20:36 - California's Energy Crisis

22:47 - Strategic Hydrocarbon Bridges

31:06 - Energy Exports and the Gulf Coast

35:02 - Future Plans and Book Editions

39:14 - LPG and Global Energy Solutions

40:13 - Conclusion and Future Talks

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

Follow Stuart On LinkedIn and Twitter

Follow Michael On LinkedIn and Twitter

ENB Top News

Energy Dashboard

ENB Podcast

ENB Substack

ENB Trading Desk

Oil & Gas Investing

– Get in Contact With The Show –

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner covers several major topics impacting the energy sector, including warnings of potential summer power outages in the U.S. due to a strained grid, driven by retiring fossil fuel plants and slower renewable growth. He also discusses the looming rise in California gas prices, which could reach $9 due to refinery closures, and the economic impact of Governor Newsom's oil policies. Additionally, Tanner highlights Saudi Aramco's profit drop due to weak oil prices and an M&A deal where Whitehawk Minerals acquires Phoenix Minerals, signaling a bullish stance on natural gas.

Highlights of the Podcast

00:00 - Intro

01:32 - U.S. Largest Grid Operator is warning of Summer Power Shortages

05:45 - Newsom’s War On Oil Could Send California Gas Prices To $9, Analyst Warns

12:16 - Markets Update

14:23 - Rig Count Update

14:34 - U.S. Frac Spread Count

14:43 - Aramco Profit Drops With Weak Oil and how will this impact OPEC?

16:45 - WhiteHawk to Acquire PHX Minerals Inc. for $4.35 per Share

19:12 - Outro

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

Follow Stuart On LinkedIn and Twitter

Follow Michael On LinkedIn and Twitter

ENB Top News

Energy Dashboard

ENB Podcast

ENB Substack

ENB Trading Desk

Oil & Gas Investing

– Get in Contact With The Show –

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

ENB Trading Desk

Oil & Gas Investing

– Get in Contact With The Show –

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Stuart Turley and Michael Tanner discuss latest energy market developments, OPEC+ has increased oil production by 411,000 barrels to punish over-producers like Iraq and Kazakhstan, potentially driving oil prices down. Meanwhile, Saudi Arabia raised its prices to Asian markets, despite increasing output, aiming to maintain its market dominance in the face of competition from Russia and other producers. This move may be a strategy to secure long-term contracts with Asian refiners, highlighting the complexity of balancing supply and demand while positioning for future growth.

Highlights of the Podcast

00:00 - Intro

02:05 - Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout

04:53 - Why is Grid Inertia Important?

07:37 - Saudis Warn of More Supply Unless OPEC+ Cheats Fall in Line

15:31 - Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says

18:23 - What is the future for U.S. crude oil? Have we hit peak production?

21:17 - US Cut Forecast for Oil Output Just Before Crude’s Latest Plunge

23:48 - 18 US states suing Trump over shutdown of wind projects

25:50 - Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas?

28:44 - Outro

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

Why Spain’s Rooftop Solar Owners Weren’t Spared From the Blackout

Why is Grid Inertia Important?

Saudis Warn of More Supply Unless OPEC+ Cheats Fall in Line

Dropping Oil Price Boosts Odds of Ukraine Peace Deal, Trump Says

What is the future for U.S. crude oil? Have we hit peak production?

US Cut Forecast for Oil Output Just Before Crude’s Latest Plunge

18 US states suing Trump over shutdown of wind projects

Why did Saudi Arabia raise prices to the Asia market while increasing OPEC+ production quotas?

Follow Stuart On LinkedIn and Twitter

Follow Michael On LinkedIn and Twitter

ENB Top News

Energy Dashboard

ENB Podcast

ENB Substack

ENB Trading Desk

Oil & Gas Investing

– Get in Contact With The Show –

In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley, Mike Umbro, and Ronald Stein discuss the energy crisis in California, highlighting the state's over-reliance on foreign oil and its impact on national security. They explore the challenges of refining capacity, the state's environmental policies, and the need for a shift from stringent regulations to practical solutions like expanding domestic oil production. The conversation underscores the importance of securing permits for critical energy infrastructure, with a call for action to address California's looming energy shortages and their consequences for the U.S. economy.

Thank you Ronald and Mike for stopping by the podcast, and I loved our conversation! Stu

"I don't need hugs, I need drilling permits" - Mike Umbro - I loved this quote.

"California is now a national security risk." Ronald Stein - This is a serious problem for the Trump administration, as Gavin Newsom seems bent on destroying California's energy and finances.

Ronald Stein on America Outloud News: https://www.americaoutloud.news/author/ronald-stein-p-e/

Ronald Stein on LinkedIn here: https://www.linkedin.com/in/ronaldstein/

Mike Umbro on LinkedIn here: https://www.linkedin.com/in/mikeumbro/

Please check out Mike Umbro on X Here. https://x.com/MikeUmbro

Highlights of the Podcast

00:00 - Intro

01:51 - California's Energy Crisis

03:22 - California’s Oil Import Challenges

04:47 - California’s Regulatory Challenges

05:21 - California’s Energy Security Risk

07:15 - The Future of Electric Vehicles (EVs) in California

09:07 - The Hydrogen and Natural Gas Solution

11:00 - Potential Solutions for California’s Energy Issues

12:35 - The Importance of Permits

13:05 - California’s Dependency on Foreign Oil

14:16 - The Dark Fleet and Environmental Concerns

15:01 - Unethical Practices in the Green Movement

17:16 - Working with the Next Generation

19:45 - California's Energy Future and Policy Change

22:20 - Returning to California’s Energy Independence

25:01 - Offshore Drilling and Environmental Risks

29:58 - The Impacts of California's Energy Policies on National Elections

32:07 - Final Thoughts

Make no mistake, Doomberg is a national treasure. I have thoroughly enjoyed my podcasts with him, and his Substack is worth every penny. The last time Doomberg was on the podcast, we had Chris Wright, our new Secretary of Energy, on the panel.

This podcast is also going out on David Blackmon’s Substack and podcast channels, and he had some fantastic points and questions for Doomberg.

Thank you both for your energy, leadership, and your time – Stu

Check out Doomberg on his Substack at https://newsletter.doomberg.com/

Check out the transcript on our Substack here: https://theenergynewsbeat.substack.com/p/doomberg-on-the-oil-and-gas-markets

Highlights of the Podcast

00:00 – Introduction

03:00 – California’s Refining Crisis

08:30 – California Politics & Oil

13:20 – Trump’s Energy Team

17:40 – OPEC’s Decline & Co-Product Economics

23:00 – Oil Price Volatility & Strategy

26:30 – NGLs & Changing Energy Definitions

33:00 – Permian, Consolidation & Costs

36:00 – Breakevens and Co-Product Economics

39:00 – LNG, Natural Gas, and Arbitrage

45:00 – LNG Tankers, Jones Act, and Energy Exports

49:00 – $50 Oil as Geopolitical Strategy

53:00 – Russia, NATO & War Risks

57:00 – Canada, Trump, and Final Thoughts