In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss key global energy topics, including rising energy costs due to electrification, China’s increasing focus on resource security, Cuba’s blackout issues, and Russia's "dark fleet" oil shipments circumventing sanctions. They also touch on Iran’s efforts to bypass the Strait of Hormuz, U.S. crude production growth, and Exxon’s plan to sell part of its North Dakota Bakken assets. Geopolitical risks, especially in the Middle East, and oil market dynamics are highlighted throughout, emphasizing the complexities of global energy and politics.

Highlights of the Podcast

00:00 - Intro

01:38 - Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again)

05:46 - China fortifies resource security with strategic mineral, energy reserve gains

07:10 - Cuba restores power to one-fifth of population after nationwide blackouts

09:03 - ‘Dark Fleet Oil Tanker Train’ Hauling Russian Crude To Indian Refineries Shows Ineffectiveness Of G7 Sanctions

11:49 - Iran Readies New Oil Outlet To Bypass the Strait of Hormuz

16:35 - Markets Update

20:05 - Rig Count Update

20:34 - Exxon seeks buyers for portion of assets in North Dakota’s Bakken shale

22:28 - Outro

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

Electrifying Everything Means Higher Energy Costs For Consumers. These DOE Numbers Prove It (Again)

China fortifies resource security with strategic mineral, energy reserve gains

Cuba restores power to one-fifth of population after nationwide blackouts

‘Dark Fleet Oil Tanker Train’ Hauling Russian Crude To Indian Refineries Shows Ineffectiveness Of G7 Sanctions

Iran Readies New Oil Outlet To Bypass the Strait of Hormuz

Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook

Rig Count Overview & Summary Count – Baker Hughes

Exxon seeks buyers for portion of assets in North Dakota’s Bakken shale

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Follow Michael On LinkedIn and Twitter

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