In this episode of Energy Newsbeat Daily Standup, Stuart Turley and Michael Tanner cover the energy sector’s shifting tides as advertisers return to Big Oil, driven by financial realities and AI disruption. They highlight growing concerns over Chinese lithium batteries tied to a South Korean cyber incident and rising U.S. shale breakeven costs nearing $95/barrel. The Dallas Fed Survey reveals deep frustration in the shale patch over political and economic instability. They also touch on OPEC+ capacity concerns, a possible output hike, and Occidental’s $10B sale of its OxyChem unit—signaling major changes ahead in global energy markets.
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https://www.linkedin.com/in/stuturley/ and
Twitter: https://twitter.com/STUARTTURLEY16
Follow Michael On LinkedIn: https://www.linkedin.com/in/michaelta... and
Twitter: https://twitter.com/mtanner_1
Timestamps:
Highlights of the Podcast
00:00 - Intro
00:12 - Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges
02:25 - Chinese Lithium Battery System Took down South Korean Intelligence Agency, and Texas has 1200 of these installed
04:37 - Dallas Fed Survey Reveals Unrest in America’s Shale Patch
14:08 - U.S. Shale Costs to Soar to $95 per Barrel Within a Decade
21:19 - Markets Update
21:46 - OPEC+ is poised to slip further below oil output target
22:43 - Exclusive: OPEC+ plans another oil output hike in November, sources say
25:15 - Occidental in talks to sell OxyChem unit for at least $10 billion, FT reports
28:53 - Outro
Links to articles discussed:
Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges
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