Trump announces plans to reopen coal plants, rolling back environmental regulations to boost U.S. energy production. Meanwhile, the UK faces major power struggles as Heathrow Airport's outage exposes the risks of net-zero policies and reliance on biofuels. With the UK aiming for 95% low-carbon electricity by 2030, experts question the feasibility of such an ambitious goal.

At the same time, big oil companies in Europe are scaling back their green pledges. Shell and Equinor retreat from offshore wind investments, prioritizing profitability over sustainability. Rising natural gas prices continue to drive up electricity costs, while OPEC+ signals mixed messages on production cuts, adding uncertainty to global oil markets.

In corporate moves, Occidental Petroleum sells $905 million in mineral assets, hinting at a possible exit from Colorado. Chevron and ExxonMobil strengthen their positions in Kazakhstan, signaling a shift in global energy investment. Tune in for a deep dive into the latest developments shaping the future of energy.

#EnergyNews #OilAndGas #CoalComeback #BigOil #NetZero #NaturalGas #OPEC #EnergyCrisis #LNG #RenewableEnergy #OccidentalPetroleum #Shell #Equinor #KazakhstanOil #energymarkets

Highlights of the Podcast

00:00 - Trump’s Coal Revival

00:41 - UK Power Crisis

03:56 - Ethanol Controversy

06:02 - UK’s 95% Low-Carbon Goal

08:56 - Big Oil’s Green Retreat

12:13 - Natural Gas Prices Surge

14:50 - U.S. Energy Exports

16:36 - OPEC’s Supply Tactics

28:56 - Oxy’s Asset Sale

32:52 - Kazakhstan’s Oil Influence

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

The UK’s Heathrow Power Outage sheds light on Net Zero Policies

UK Aims for 95 Percent Low Carbon Electricity by 2030

Big Oil Retreats: Europe’s Energy Giants Ditch Green Pledges

Trump Moves To Reopen Coal Plants, Citing U.S. Energy Needs And Global Competition

Natural Gas Prices Drive Electricity Costs Upward

https://www.reuters.com/business/energy/oil-set-weekly-gain-iran-sanctions-opec-plan-rein-overproduction-2025-03-21/

https://rigcount.bakerhughes.com/

https://www.rbcrichardsonbarr.com/IndustryResearch/News.aspx?a=news&ticker=a&w=&story=202503bwire21858013r1.xml

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