Coal Comeback & Green Retreat

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 Follow Stuart On LinkedIn and Twitter Follow Michael On LinkedIn and Twitter ENB Top News Energy Dashboard ENB Podcast ENB Substack ENB Trading Desk Oil & Gas Investing – Get in Contact With The Show