October 30, 2025
Energy Addition Not Transition and What It Really Means for Investors
Energy News Beat PodcastAbout this episode
In this episode of Energy Newsbeat Daily Standup, Stuart Turley breaks down why we’re living through an energy addition, not a transition—as global demand for oil, gas, and coal continues to climb despite record renewable spending. He dives into Texas ERCOT’s massive overbuild of nameplate capacity, BP’s $25 billion Iraq investment as a geopolitical lifeline, Iraq’s new LNG import deal, and major oil producers ramping output despite OPEC’s challenges. Plus, updates on TotalEnergies’ U.S. gas expansion and Equinor’s Q3 profit drop, highlighting how “green transition” strategies have failed and traditional energy remains the cornerstone for investors. 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: 00:00 - Intro 00:08 - We Are in an Energy Addition, Not Transition 06:21 - BP’s New $25 Billion Investment in Iraq’s Kirkuk Fields Is Far More Than an Oil Project—It’s a Geopolitical Pivot 07:59 - Iraq Secures First Floating LNG Import Platform Deal with U.S. Firm 08:50 - Oil Giants Join OPEC in Boosting Production with Earnings Confirmations This Week 12:28 - TotalEnergies Bolsters US Gas Presence with 49% Stake in Anadarko Basin Assets 14:41 - Lower Oil Prices Hit Equinor’s Q3 Profits and They Miss Analysts Estimates 17:03 - Outro Links to articles discussed: We Are in an Energy Addition, Not Transition BP’s New $25 Billion Investment in Iraq’s Kirkuk Fields Is Far More Than an Oil Project—It’s a Geop… Iraq Secures First Floating LNG Import Platform Deal with U.S. Firm Oil Giants Join OPEC in Boosting Production with Earnings Confirmations This Week TotalEnergies Bolsters US Gas Presence with 49% Stake in Anadarko Basin Assets Lower Oil Prices Hit Equinor’s Q3 Profits and They Miss Analysts Estimates