Another merger, another Deal Spotlight! On today’s episode, we talk all things OFS and the merger of SLB + ChampionX that happened earlier this year. To break all this down, we needed to find an expert, and Jeff Krimmel is that expert! He joins the show to discuss all things OFS, market dynamics, pricing, and future segment forecasts before diving into this merger from all angles. SLB is making a clear statement: the future of US Shale is in production longevity, not drilling. Jeff points out some really interesting tidbits surrounding the nature of the press releases and in the end, gives it ..read more

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner discusses several significant developments in the energy sector. Key topics include OPEC's planned increase in oil production from July, potentially reversing prior cuts and impacting global oil prices, with Saudi Arabia expected to significantly boost its output. He also covers Russia's estimated doubling of oil and gas revenue in April despite sanctions, the near completion of the Mountain Valley Pipeline, and fluctuations in the oil market influenced by various factors including U.S. crude inventory changes. Add ..read more

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner discusses various significant updates in the energy sector and financial markets. He begins with California's potential lawsuit against Exxon Mobil for plastic pollution, emphasizing the state's two-year investigation into the company's alleged deceptive practices around recycling. Tanner also covers the financial performance of major companies, noting Tesla's significant revenue decline and renewed focus on affordable models, Halliburton's highest quarterly earnings in over a decade with strong international sales ..read more

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss several key issues affecting the energy market. They begin by examining the impact of China's EV market oversupply and its potential repercussions on global automakers like Tesla. The conversation then shifts to criticisms of President Biden's energy policies, which are purportedly harming American automakers and boosting reliance on foreign oil, potentially undermining national interests. Further discussed are the falling diesel prices signaling a global economic slowdown, the complexiti ..read more

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley cover several significant headlines. They discuss Biden's decision to block drilling in Alaska, highlighting the political motivations behind it and its potential impact on the state's economy. They also touch on the cancellation of offshore wind projects in New York due to cost issues, the Biden administration reconsidering power plant pollution rules, and the failure of sanctions on Moscow, attributed to Russia's resilience and lessons learned from Iran. Additionally, they analyze Oman LNG's te ..read more

In this podcast episode, Stuart Turley discusses the evolving energy sector with Mitch Rolling and Isaac Orr from "Energy Bad Boys" on Substack. They explore the concept of energy de-industrialization in Germany and its potential implications for the U.S., focusing on the relationship between renewable energy integration and rising consumer costs. The conversation also addresses the regulatory incentives that lead utilities to favor expensive infrastructure projects that increase profits at ratepayers' expense. They propose legislation aimed at aligning utility investments with consumer inter ..read more

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley discuss a range of topics impacting the energy sector. Key discussions include the challenges facing electric vehicles (EVs) due to a shortage of mechanics trained to work on EV batteries, increasing repair costs, and insurance rates. They highlight the impact of governmental policies on EV market dynamics, particularly in the UK. Additionally, they touch on the implications of water use in energy production, particularly concerning hydrogen and renewable energy projects in South T ..read more

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner discusses Larry Fink's defense against criticism targeting BlackRock’s investment strategies, highlighting the conflict between ESG and oil and gas investments. He also mentions Japan's continuation of oil and gas projects in Russia for energy security, despite international sanctions. Additionally, Tanner notes a significant drop in oil prices due to increased stockpiles and geopolitical tensions, particularly the Iran-Israel conflict. Tanner hosts the episode solo, directing listeners to their website for further ..read more

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner and Stuart Turley, discussed various topics concerning the energy sector. They highlighted state initiatives to prevent electricity crises, the influence of global politics on oil markets, specifically noting Indian refiners purchasing U.S. crude due to rebounding Russian shipments and the calm oil market despite tensions between Iran and Israel. The episode also covered issues at the Freeport LNG plant, which has been running at near-zero consumption, and legislative efforts in Kentucky to ensure energy reliabilit ..read more

In this episode of the Energy News Beat Daily Standup, the host, discussing a range of topics from geopolitical tensions affecting oil prices, with analysts predicting possible escalation in prices due to conflicts between Iran and Israel, to corporate adjustments in the energy sector such as BP scaling back its EV charging unit and Tesla laying off staff globally. He also covers challenges and necessary policy adjustments for power grids due to increasing demands, and concludes with a look into Turkey's potential role as a gas hub. Throughout the podcast, Turley engages with various aspects o ..read more