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Energy News Beat Podcast

BP Spurned at the Altar

26 Jun 2025

Description

In this episode of the Energy News Beat Daily Standup, Michael Tanner and Stuart Turley cover key topics, including Alberta's $5 million investment in the world's first direct air carbon capture center, the turmoil in China's EV market, and New York's power grid stabilizing despite renewable energy challenges. They also discuss the decline in U.S. crude oil inventories, which hit an 11-year low, and the latest news on the potential Shell-BP merger, with Shell denying the acquisition rumors. The episode wraps up with a preview of an upcoming podcast with Wasif Lata, CEO of Samaria Partners, and a look at the week's energy market recap.Highlights of the Podcast 00:00 - Intro01:07 - Alberta Spends $5 Million to Support World’s First Direct Air Carbon Capture Centre03:21 - China’s EV Market is in turmoil06:24 - New York Power Grid Stabilizes After Rare Energy Warning: Energy Mix, Renewable Challenges, and Cost Comparisons11:11 - Markets Update12:13 - US Crude Inventories Hit 11-Year Seasonal Low, Yet Stocks Fall Amid Strong Summer Driving Demand12:29 - Shell’s Potential Acquisition of BP: A Game-Changing Oil Megamerger?15:57 - OutroPlease see the links below or articles that we discuss in the podcast.Alberta Spends $5 Million to Support World’s First Direct Air Carbon Capture CentreChina’s EV Market is in turmoilNew York Power Grid Stabilizes After Rare Energy Warning: Energy Mix, Renewable Challenges, and Cost ComparisonsUS Crude Inventories Hit 11-Year Seasonal Low, Yet Stocks Fall Amid Strong Summer Driving DemandShell’s Potential Acquisition of BP: A Game-Changing Oil Megamerger?Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas InvestingNeed Power For Your Data Center, Hospital, or Business?– Get in Contact With The Show –

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