About this episode
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. Subscribe to Our Substack For Daily Insights Want to Add Oil & Gas To Your Portfolio? Fill Out Our Oil & Gas Portfolio Survey Need Power For Your Data Center, Hospital, or Business? Follow Stuart On LinkedIn: 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 Chinese Lithium Battery System Took down South Korean Intelligence Agency, and Texas has 1200 of these installed Dallas Fed Survey Reveals Unrest in America’s Shale Patch U.S. Shale Costs to Soar to $95 per Barrel Within a Decade