In this episode of the Energy News Beat Daily Standup, Michael Tanner and Stuart Turley discuss various topics. They begin by exploring the collision of net-zero policies with economic reality, highlighting the challenges faced by countries and companies in achieving ambitious net-zero targets. The EU's threats to block new sanctions on Russia, issues with emissions reduction deadlines for member states, and concerns about Chinese tech companies exploiting U.S. green energy goals are also discussed. The conversation shifts to BP seeking partnerships to navigate the renewables landscape, emphasizing the changing strategies of major oil companies. In the financial markets, a rebound in oil prices is observed after a recent decline, while OPEC+ considers the possibility of further oil supply cuts in response to market conditions. The rig count experiences a minor increase, and ExxonMobil's recent developments in Guyana's offshore oil production are highlighted. The hosts conclude by anticipating potential social unrest and political tensions during the Thanksgiving week.

Highlights of the Podcast

00:00 - Intro

05:53 - Opinion: Net-zero policies colliding with economic reality

08:33 - EU state threatens to block new sanctions on Russia

09:52 - “Reduce Your Emissions Within Two Months Or Face The Consequences”, Brussels Tells 12 Member States

12:37 - Chinese tech companies are exploiting US green energy goals, former State Department officials warn

15:15 - BP seeks partnerships to navigate renewables storm

19:42 - Markets Update

22:00 - OPEC+ to consider whether more oil cuts needed – sources

26:17 - Outro

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

Opinion: Net-zero policies colliding with economic reality

Across the advanced economies, the politics of net zero are colliding with reality, yet most politicians seem oblivious to the dynamics at play. The inconvenient truth is that the clean energy transition is not unfolding as foretold. Three decades […]

EU state threatens to block new sanctions on Russia

The Slovak foreign minister rejects Brussels’ proposal to add nuclear fuel supplies to the upcoming round of penalties The government of Slovakia will not support restrictions on imports of nuclear fuel from Russia as part […]

“Reduce Your Emissions Within Two Months Or Face The Consequences”, Brussels Tells 12 Member States

Authore by Ziare via ReMix News, The European Commission has ordered Hungary, Romania, and 10 other member states to comply with EU air pollution legislation and reduce their emissions of several pollutants to reduce air […]

Chinese tech companies are exploiting US green energy goals, former State Department officials warn

Watch the latest video at foxnews.com Fox EXCLUSIVE: Two former U.S. ambassadors are sounding the alarm on the increasing number of green energy projects nationwide being developed with the involvement of Chinese companies. Former U.S. Ambassadors […]

BP seeks partnerships to navigate renewables storm

Yahoo Finance BERLIN/LONDON – BP is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology companies to tackle inflation and equipment bottlenecks that have battered the renewables sector. Source: Reuters […]

OPEC+ to consider whether more oil cuts needed – sources

OPEC+ meets to set policy on Nov. 26 Oil has fallen to four-month low this week Saudi Arabia expected to extend voluntary cut – Energy Aspects MOSCOW/LONDON, Nov 17 (Reuters) – OPEC+ is set to […]

Bloomberg outlines how Russia has shrugged off sanctions

Key sectors of the Russian economy have adapted to sanctions or completely recovered from them, as the country shows a greater level of resilience than Western governments had expected, Bloomberg reported on Thursday. Industries ranging […]

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