Energy News Beat Podcast

Energy News Beat Podcast


EV Slowdown

June 17, 2024

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss various energy news topics in the June 17, 2024 edition of the Daily Energy News Beat. Key headlines include a slowdown in EV sales impacting net-zero goals, a lawsuit by the American Petroleum Institute against the EPA’s EV mandates, Sweden's rejection of new power cables to Germany, and Australia's development of the first renewable-powered floating LNG terminal. They also cover the weekend's oil and gas market trends, including TotalEnergies' asset sales in Brunei, California's new oil drilling permits, and financial market updates. Tanner will attend Earth Tech, while Turley will host solo shows mid-week.


Highlights of the Podcast


00:00 - Intro

01:36 - EV Slowdown Steers the World Further Off Course From Net Zero

05:00 - API, Coalition Partners File Lawsuit to Protect American Consumers from EPA’s Electric Vehicle Mandate

07:48 - Sweden Rejects New Power Cable to Germany Over Market Inefficiencies

09:46 - World’s first renewable-powered floating LNG import terminal closing in on new partners amid ‘strong’ interest

12:31 - Markets Update

16:23 - TotalEnergies Sells Upstream Business in Brunei

18:50 - State issues Kern’s first oil drilling permits in a year

20:34 - Outro


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


EV Slowdown Steers the World Further Off Course From Net Zero

June 16, 2024 Stu Turley

Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for concern, leading BloombergNEF to slash sales estimates and warn that the auto industry is falling further off the track toward […


API, Coalition Partners File Lawsuit to Protect American Consumers from EPA’s Electric Vehicle Mandate

June 16, 2024 Stu Turley

WASHINGTON, June 13, 2024 /PRNewswire/ — The American Petroleum Institute (API) today filed a lawsuit in the D.C. Circuit Court of Appeals challenging the U.S. Environmental Protection Agency’s (EPA) light-duty and medium-duty vehicle emissions standards for model years 2027-2032. […]


Sweden Rejects New Power Cable to Germany Over Market Inefficiencies

June 14, 2024 Mariel Alumit

In a significant move, the Swedish government has rejected the proposed 700 MW Hansa PowerBridge subsea power connection between Sweden and Germany. Energy Minister Ebba Busch cited inefficiencies in the German electricity market as the […]


World’s first renewable-powered floating LNG import terminal closing in on new partners amid ‘strong’ interest

June 14, 2024 Mariel Alumit

Australia-headquartered integrated energy company Venice Energy is holding formal talks with multiple potential partners with ties to the United States (U.S.) and Asia to secure the future of a proposed LNG import terminal project in […]


TotalEnergies Sells Upstream Business in Brunei

June 16, 2024 Stu Turley

Hibiscus Petroleum Bhd. has agreed to buy TotalEnergies EP (Brunei) BV from TotalEnergies SE for $259.4 million. TotalEnergies EP (Brunei) holds a 37.5 percent stake as operator of Block B, which sits 85 kilometers (52.8 […]


State issues Kern’s first oil drilling permits in a year

June 13, 2024 Mariel Alumit

State oil regulators last month approved the first new drilling permits in Kern County since May 2023, renewing a vigorous debate over the Newsom administration’s approach to petroleum production. Dallas-based oil producer Berry Corp. received […]

 

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