In this episode of the Energy News Beat Daily Standup, the hosts discuss various energy-related headlines. They highlight the vulnerability of a natural gas plant in the US northeast, emphasizing its crucial role in preventing winter blackouts. The conversation shifts to India emerging as an energy supplier to the EU, the stalling of Iran's oil trade with China over pricing disputes, and the challenges of California's electric truck mandate. The hosts also cover high-level oil and gas finance topics before delving into two major mergers: Apache and Kalon's $4.5 billion merger and Southwestern and Chesapeake's near $17 billion merger. The hosts provide insights into the industry dynamics and financial implications of these developments.

Highlights of the Podcast

00:00 - Intro

01:05 - A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk

04:03 - Iran’s oil trade with China stalls as Tehran demands higher prices

06:54 - California Electric Truck Mandate Reduces Transportation Productivity and Has Other Challenges

09:37 - Markets Update

16:41 - Southwestern, Chesapeake Near $17 Billion Merger

21:12 - Outro

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



A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk

(Bloomberg) — A natural gas terminal that’s been operating for more than half a century has been a crucial safeguard against blackouts when bone-chilling cold hits the US Northeast. In less than five months, it’s […]

Iran’s oil trade with China stalls as Tehran demands higher prices

January 6, 2024 Stu Turley

SINGAPORE, Jan 5 (Reuters) – China’s oil trade with Iran has stalled as Tehran withholds shipments and demands higher prices from its top client, tightening cheap supply for the world’s biggest crude importer, refinery and […]

California Electric Truck Mandate Reduces Transportation Productivity and Has Other Challenges

January 6, 2024 Stu Turley

January 1 marks the beginning of California’s mandate that all new trucks registered must be powered by batteries or hydrogen. The rule will cover some 1.8 million trucks, as California has the largest fleet in […]

Southwestern, Chesapeake Near $17 Billion Merger

January 7, 2024 Stu Turley

Southwestern Energy SWN 7.34%increase; green up pointing triangle  and Chesapeake Energy CHK 2.91%increase; green up pointing triangle are close to a merger that would create a roughly $17 billion company ranking as one of the largest natural-gas producers in the U.S. […]

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