Energy News Beat Podcast

Energy News Beat Podcast


ENB 260 - Copper Supply Concerns, LNG Cruise Ships, and Geopolitical Shifts in the Oil Trade

November 30, 2023

In this episode of the Energy News Beat Daily Standup, Michael Tanner and Stuart Turley discuss various energy-related topics. They cover the potential impact of a dwindling copper supply from Panama and Peru on the global surplus in 2024. The National Grid in the UK activates an energy blackout scheme due to cold weather and supply challenges. Royal Caribbean takes delivery of an LNG-powered giant cruise ship in Finland, marking a significant step in reducing carbon emissions. The spookiest story involves the UAE officially stopping the use of the dollar for oil trade, signaling potential economic and geopolitical shifts. In the finance segment, they discuss market fluctuations, OPEC's potential supply cuts, and Venezuela's border dispute with Guyana over oil-rich territory. The episode concludes with a preview of upcoming interviews, including George McMillan, promising insights into CIA world energy geopolitics.


Highlights of the Podcast


00:00 – Intro

02:42 - Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024 

05:12 - Cold weather prompts National Grid to activate energy blackout scheme

06:53 - Royal Caribbean Takes delivery of LNG power plant in power giant in Finland

09:35 - UAE officially stops using dollar for oil trades

13:24 - Markets Update

15:43 - Venezuela prepares for vote on border dispute with Guyana over oil-rich territory

18:20 - Outro


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


Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved in coming […]


Cold weather prompts National Grid to activate energy blackout scheme

The National Grid is to pay some households to cut their energy use after activating its blackout prevention scheme during the current cold snap. Eligible properties with smart meters will be offered cash and other […]


Royal Caribbean takes delivery of LNG-powered giant in Finland

Royal Caribbean International, a unit of Royal Caribbean, has taken delivery of its LNG-powered Icon of the Seas from Finland’s Meyer Turku. After 900 days of design and construction by thousands of experts, Royal Caribbean […]


UAE officially stops using dollar for oil trades

The global financial landscape is witnessing a seismic shift as the United Arab Emirates (UAE) boldly moves away from the US dollar in its oil trade dealings. This strategic pivot aligns with the broader ambitions of the […]


Venezuela prepares for vote on border dispute with Guyana over oil-rich territory

‘We support a diplomatic solution’: Guyana defense spokesperson 356,513 soldiers, 120,000 officers to be deployed during voting The Venezuelan government is fine-tuning the details, including the deployment of military personnel, to carry out a […]


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