#Copper is often spoken of as having a phd because its price can be used to quickly diagnose global economic health. The #metal will also be key in realizing ambitions of an electrified, low-carbon future. Metals and Mining experts Ronnie Cecil and Kevin Murphy join EnergyCents with host Hill Vaden to discuss the role of copper in #electrification, and consider some of the challenges and opportunities for industry as it seeks supply. Learn more about S&P Global Commodity Insights Metals and ...
Jun 22, 2023•29 min
China’s reopened economy, sidelined shale, and Russian sanctions all add fresh uncertainties to the supply and demand balances shaping global oil-price expectations. Oil Markets expert Karim Fawaz joins EnergyCents with hosts Hill Vaden and Sam Humphreys to consider the important variables ahead of the recent OPEC+ meeting in June, and discuss the drivers behind our outlook for the second half of 2023. Join the conversation at energycents@spglobal.com
Jun 08, 2023•33 min
Liquified Petroleum Gas (LPG), a byproduct of natural gas production and refined oil, is primarily used in cooking, transportation, and as a petrochemical feedstock. It burns cleaner than diesel and gasoline in transportation, and still competes with firewood for market share in developing economies. Natural Gas Liquids (NGL) expert Fernando Covas joins EnergyCents with host Hill Vaden to consider the status and perception of LPG amid a global energy transition and discuss why investors are look...
May 25, 2023•30 min
Western sanctions have attempted to limit the market opportunity for Russian oil following the country’s invasion of Ukraine more than a year ago. Barrels continue to access markets in, perhaps, unexpected ways. Shipping expert Rahul Kapoor joins EnergyCents with host Hill Vaden to discuss how Russian oil continues to access markets post-sanctions, and consider the implications for shippers and consumers. Learn more about S&P Global Commodity Insights coverage of Commodities at Sea: https://...
May 11, 2023•33 min
Almost 20% of the world’s population lives in India, which remains heavily reliant on higher emitting fuels for its energy supply. The potential opportunity for cleantech and decarbonization technologies is huge as the country work towards a 2070 net-zero target. India energy expert Sahil Ali joins EnergyCents with host Hill Vaden to outline India’s current energy balances, and consider technologies that the country may embrace – and challenges that must be overcome – as it embarks on a path to ...
Apr 27, 2023•29 min
Carbon, Capture, Utilization and Storage (CCUS) is increasingly viewed as a key to the world meeting its climate goals. The multi-step technology, or technologies, somewhat uniquely leverages the upstream sector’s experience and expertise in geophysics, molecule management, and large-scale projects. CCUS expert Derek Gonsuron joins EnergyCents with host Hill Vaden to discuss recent advances in CCUS, and consider how traditional upstream companies may realize relative advantage in developing the ...
Apr 13, 2023•36 min
European energy markets largely dodged a crisis during the 2022-23 winter months thanks to the combination of functioning markets, policy influences, and warm weather. Energy expert Laurent Ruseckas joins EnergyCents with host Hill Vaden to recount Europe’s successful gas-market balancing act in 2022, and consider how the continent is preparing for 2023 as conflict in Ukraine continues to disrupt traditional energy supplies. Learn more about S&P Global Commodity Insights’ European Gas, Power...
Mar 30, 2023•29 min
Petrobras emerged a leader in offshore oil in gas on the back of exploration success throughout the early 2000s, which also coincided with the first presidency of Luiz Inácio Lula da Silva (2003-2010). Lula won re-election in 2022, and promises to prioritize the development of low-carbon energy through its state-owned oil company. Energy Supply Chain expert Carlos Rocha joins EnergyCents with host Hill Vaden to discuss the evolving role of Petrobras within the Brazilian energy sector, and what t...
Mar 16, 2023•30 min
Buoyed by high commodity prices in 2022, the global upstream sector enters 2023 with a high-class cash-flow problem: what to do with all this money. Among other ideas, governments suggest windfall-profits taxes, investors want dividends and buybacks, and environmentalists seek climate-directed investment. Upstream experts Raoul LeBlanc and Kevin Birn rejoin EnergyCents with host Hill Vaden to discuss the operating environment for Upstream players in 2023, and how executives may balance competing...
Mar 02, 2023•34 min
Battery and automobile makers often look at the relationship between service stations and internal combustion engines as business-model analogues to solve electric vehicles’ duration and distance challenges. But are these the right analogues? Cleantech experts Sam Wilkinson and George Hilton rejoin EnergyCents this week to discuss business-model alternatives to road-side recharging, as well as the role of recycling in addressing EV supply-chain challenges. Learn more about S&P Global Commodi...
Feb 16, 2023•29 min
Environmental, Social, Governance (ESG) investment themes fell out of favor in 2022 as concerns around things like energy security and Wall Street’s motivation captured the attention of investors and governments. Peter Gardett rejoins EnergyCents this week to discuss the changing narratives of ESG and consider how those shifts may (or may not) affect cleantech-directed capital in 2023. Join the conversation at energycents@spglobal.com
Feb 02, 2023•29 min
The success of cleantech innovation is, in many ways, dependent on the world’s mining sector delivering an adequate supply of one or more of the following metals: copper, cobalt, nickel, and lithium. Mark Ferguson, a Commodity Insights metals and mining expert for S&P Global's Capital IQ, joins EnergyCents this week to discuss the convergence of energy with the metals and mining sector, and how ESG-oriented investors balance the environmental impact of mining with the low-carbon promise of c...
Dec 22, 2022•33 min
In what has become an annual EnergyCents tradition, we welcome back experts Reed Olmstead and David Vaucher for our annual year-in-review and resolutions episode. We check in to see how well we performed against 2022 expectations, consider the year’s biggest surprises, and share predictions on how the energy sector may evolve in the coming year. Join the conversation at energycents@spglobal.com
Dec 15, 2022•42 min
Russia’s Ukraine invasion led to gas supply constraints to Europe that rerouted global gas flows throughout the summer and fall. Gas market expert Johan Utama joins EnergyCents this week to review the role of natural gas in Southeast Asian markets, and how a spike in European demand influenced local balances half a world away. Learn more about S&P Global Commodity Insights’ petroleum-sector risk coverage at: https://www.spglobal.com/commodityinsights/en/ci/products/asia-pacific-regional-inte...
Dec 08, 2022•27 min
Global oil prices avoided hitting new highs over past months as policy choices from consuming countries helped balanced markets, and Russian supply found new outlets. Global oil expert Karim Fawaz joins EnergyCents this week to review shifts in oil markets since the start of the Russia-Ukraine conflict, and share expectations for winter as global economies slow and anticipated sanctions dislocate supply. Learn more about Karim’s analysis with S&P Global Commodity Insights at: https://www.spg...
Dec 01, 2022•42 min
The world has seen an impressive emergence of the Guyana Basin through the discovery of more than 16 billion boe of recoverable resources in less than seven years. Accelerated development of the most prolific discoveries may perhaps lead to the basin delivering 2 MMb/d by middle of next decade. The scene has radically changed since 2015 when ExxonMobil made the Liza discovery in the Stabroek Block, with a resurgence in Guyana Basin exploration giving rise to 81 NFW wells drilled offshore mainly ...
Nov 23, 2022•31 min
The Eastern Mediterranean’s role as a global gas hub is technically advantaged by more than 10 years of exploration success, and strategically advantaged by its relative proximity to European markets. However, those advantages are balanced by competing interests that include growing gas demand from local markets and a lack of political consensus in the region. Petroleum-sector risk expert Cat Hunter joins EnergyCents this week to review the monetization efforts of recent Eastern Med gas discover...
Nov 10, 2022•27 min
Five oilfield services firms control more than 65% of the hydraulic horsepower capacity available to US shale-focused operators interested in fracing wells. Nearly 80% of that capacity is in use, and overall horsepower is not expected to expand anytime soon. North America oilfield services experts Chris Alexander and Prashanth Pillai join EnergyCents this week to consider what the capacity limitations mean for the sector’s near-term prospects, and how higher spending by operators in 2023 may not...
Nov 03, 2022•31 min
More than a dozen operators are preparing to bid in December on up to 12 pre-salt blocks in Brazil’s Campos and Santos basins, including the promising Ametista Block. This year’s auction times with the finalization of a presidential run-off and marks the first time pre-salt blocks are available in a Permanent Offer System, which is designed to promote award efficiency and had been previously applied to more marginal acreage. Brazilian petroleum-sector expert Ford Tanner joins EnergyCents this we...
Oct 20, 2022•30 min
There are more than 20 Green Banks operating in the US with a shared goal of accelerating cleantech investment in underserved communities and filling other climate-related market gaps. Alison Bennett, a banking reporter with S&P Global's Market Intelligence, joins EnergyCents this week to discuss the role of Green Banks in climate finance, and what to expect from the institutions on the back of a $27 billion allocation as part of the Inflation Reduction Act. Learn more about S&P Market I...
Oct 13, 2022•17 min
Europe’s real GDP grew by about 5% during the first two quarters of 2022 on the back of post-pandemic strength from the service sector. Momentum, however, stalled in response to high energy prices and contraction now appears imminent. S&P Global experts on European economics and policy Diego Iscaro and Petya Barzilska join EnergyCents this week to discuss the impact of high energy prices on EU member states, and what to expect from fiscal and monetary policy makers over the coming months. Le...
Oct 06, 2022•34 min
Increasing the mix of Sustainable Aviation Fuels (SAFs) in airlines is a key ingredient in the aviation sector reaching its goal of carbon neutrality by 2050. Biofuels expert Kevin Lindemer returns to EnergyCents this week to discuss the technologies and policies supporting SAF development and consider the timing of market-share growth for lower carbon fuels in aviation. Learn more about S&P Global Commodity Insights biofuels coverage at https://ihsmarkit.com/products/biofuels.html. Hear mor...
Sep 29, 2022•30 min
The US shale sector is awash in cash on the strength of commodity prices and prudence of operations. North America upstream experts Reed Olmstead and Imre Kugler join EnergyCents this week to consider the near-term outlook for shale producers, and why high commodity prices are not stimulating aggressive drilling campaigns. Learn more about S&P Global Commodity Insights shale forecasting and analysis at https://ihsmarkit.com/products/upstream-insight.html and https://ihsmarkit.com/products/en...
Sep 22, 2022•36 min
Climate Week NYC runs September 19-25 in Manhattan, during a week when the city will also be crowded with dignitaries attending the United Nations General Assembly. Climate and energy experts Peter Gardett and Roman Kramarchuck join EnergyCents this week – ahead of their own Climate Week attendance – to share their expectations for program, and frame its role in the accelerating global environmental narrative. Learn more about S&P Global Commodity Insights energy-transition coverage at https...
Sep 15, 2022•30 min
The broad-reaching Inflation Reduction Act (IRA) includes a mix of federal incentives to motivate clean-energy investment that will mitigate emissions-related climate concerns. North America Power experts Patrick Luckow and Doug Giuffre join EnergyCents this week to share their early analysis of the bill, and highlight its potential implications for the US electric grid. Read more of Patrick and Doug’s thoughts on the bill: https://ihsmarkit.com/research-analysis/implications-of-the-us-senate-pa...
Aug 25, 2022•31 min
Egypt hosts the 2022 United Nations Climate Change Conference, also known as COP27, this November. The event takes place during a year when energy security has overshadowed many countries’ climate concerns. Climate policy experts Anna Mosby and Conway Irwin join EnergyCents this week to share expectations for the upcoming conference and consider how the recently signed Inflation Reduction Act may shape the United States’ presence during this year’s talks. Learn more about S&P Global’s Energy...
Aug 18, 2022•39 min
Utilities and their commissions are watching customers embrace distributed generation and battery investments that could impact existing rate design and returns on equity. Lillian Federico, a Commodity Insights research director for S&P Global's Capital IQ, joins EnergyCents this week to discuss the evolution of utility rate design, and how growing climate and resilience priorities from US consumers may impact designs of the future. Learn more about Capital IQ Pro: https://www.spglobal.com/m...
Aug 11, 2022•35 min
Governments of resource-rich countries in Africa find themselves at a crossroads as oil and gas operators weigh stranded-asset risk before committing to long-lead-time fossil-fuel projects. Roderick Bruce, an expert in petroleum-sector risk with S&P Global Commodity Insights, joins EnergyCents this week to discuss how host governments in Africa are working with operators to balance their near-term economic goals of resource monetization with longer-term environmental goals of carbon reductio...
Aug 04, 2022•32 min
Policy makers are returning their attention to nuclear power as a potentially low-emission, reliable generator of electricity. Most recently, the European Parliament voted in early July to apply its green label to nuclear power under the EU's sustainable finance taxonomy. S&P Global Commodity Insights experts in European power Coralie Laurencin and Sylvain Cognet-Dauphin join EnergyCents this week to discuss the role of nuclear power in meeting Europe’s immediate electricity needs, and wheth...
Jul 28, 2022•27 min
Washington state in April became the first state to adopt all-electric standards for new commercial and multi-family constructions. The move follows similar, more localized, activity led largely by California municipalities to limit the expansion of fossil-fuel end use. Gas utilities Expert Tom DiChristopher, a Commodity Insights senior reporter for S&P Global's Capital IQ, joins EnergyCents this week to discuss moves to ban the connection of new building constructions to municipal gas grids...
Jul 14, 2022•34 min
