Podcasts about algiers agreement

This week on Keeping an Eye on the Geopolitical Ball, Jamie Shea, Senior Fellow at Friends of Europe, claims that nowhere the cycle of hope and despair has been more visible than in Africa in recent times. Positive developments in the security situation in Africa - such as peace between Ethiopia and Eritrea, the end of conflict between Sudan and the breakaway South Sudan in 2011, and the 2015 Algiers Agreement - took a reverse turn as of late. Backsliding on the African continent is occurring in Mali, Burkina Faso, Niger, South Sudan and the DRC, with escalating conflicts and resistance to the return to democratic rule. To tackle these issues, Jamie contends that Africa needs the help of partners, such as the EU, that needs to establish long-term engagement with the continent.

President Donald Trump once saw gasoline prices below $1/gallon one of his greatest assets in his re-election campaign, but low oil prices have pushed US shale and American energy dominance to the brink of collapse and his views have changed. On this week's podcast, Bob McNally, president of...

OPEC, primarily Saudi Arabia, has found blame for the recent price collapse, with calls from the US Congress for tariffs, import bans and sanctions. To start this week’s Capitol Crude, Senator Kevin Cramer, a North Dakota Republican, talks about his views on how the Saudis are trying to...

US lawmakers from oil-producing states are trying to increase pressure on the White House to do something to help drillers getting hammered by plummeting prices -- from aggressive diplomacy to banning crude imports. We spoke with US Senator Lisa Murkowski, chairman of the Senate Energy and Natural...

The consequences of this will likely last years. In the midst of a price war, global oil demand is in a free fall. The spread of the coronavirus has left 3 billion people worldwide unable to get on a plane, drive to work or go anywhere, really, at all. In response, global oil demand is plummeting....

As oil prices dipped to levels not seen in nearly two decades, US shale operators slashed budgets and rig counts and braced for a hellish few months, if not years. Is even a modest price rebound possible in the near term? Will Saudi Arabia and Russia return to talks over a new supply cut? Has the...

US Energy Secretary Dan Brouillette joined Capitol Crude hours after his department announced it was seeking an initial 30 million barrels of US crude oil to store in the country's emergency stockpile. This is part of President Donald Trump's pledge to fill the Strategic Petroleum Reserve "right...

The fallout from the coronavirus and the collapse of the OPEC+ supply cut agreement have dealt US shale producers a massive blow. How the sector ultimately fares might depend on where US oil exports are headed. US crude exports climbed above 4 million b/d in the last week of February, but will that...

Seemingly long-term US sanctions on oil flows out of Iran and Venezuela, a blockade in Libya with no end in sight, and even more production cuts from the OPEC+ coalition expected this week are adding up to a loss of roughly 6% of global supply -- but prices are cratering. Demand, specifically...

As investors and consumers demand more focus on sustainability, the oil industry is feeling the pressure. What will an energy transition mean for liquid fuel use, and will oil refiners be able to respond to radical shifts in demand in the coming decades? We spoke with Madhav Acharya, the...

Even with the Democratic candidate still uncertain, this November’s US presidential election presents two distinctly divergent paths forward for global oil policy, David Goldwyn says on today’s Platts Capitol Crude podcast. Goldwyn, president of Goldwyn Global Strategies and chair of...

Alberta Premier Jason Kenney hopes to end his government's oil production curtailments this year as rail and pipeline capacity expand to handle the full supply. The province posted record-high oil production in December despite the curtailments, as exemptions for crude-by-rail shipments allowed...

After more than a year of crippling US sanctions, Venezuela’s once-thriving oil sector is a shell of its former self: its output just a fraction of its peak, its state-run oil company toxic to international investors, its pipelines crumbling, its refineries closed. A new report from the...

When it comes to total shareholder return, oil and gas companies have performed the worst of any industry over the past five years, according to a new report from the Boston Consulting Group. Oil price and geopolitical uncertainty, mistrust of management and the ongoing transition away from fossil...

Record supply disruptions in an already well supplied market may have contributed to the departure of a true risk premium in the oil market, Paul Sheldon, chief geopolitical advisor with S&P Global Platts Analytics tells Platts Capitol Crude. On this week’s podcast, Sheldon says the risk...

Crude prices have surged, Iran has vowed revenge and analysts expect another attack on energy infrastructure in the Middle East, potentially impacting global oil supply significantly in the near term. On this Platts Capitol Crude we talk to Behnam Ben Taleblu, a senior fellow with the Foundation...

Carbon-capture projects are not economically viable at the moment and will need a major increase in government spending for wide-scale deployment, says John Minge, former chairman and president of BP America. On today’s Platts Capitol Crude, Minge talks about the policy changes needed,...

The oil market is closing out 2019 with a smaller geopolitical risk premium despite the September attack on Saudi Arabia's Abqaiq facility exposing a staggering supply vulnerability. Greg Priddy, Stratfor's director of global energy and Middle East, argues the oil market can no longer hold onto a...

US oil producers seem to be at an inflection point, where efficiency gains are waning, output growth is slowing and capital is drying up, Antoine Halff tells Platts Capitol Crude. On this week’s episode, Halff talks rig counts, well completions and flaring, the likely impact of deeper OPEC...

OPEC, Russia and its nine other oil-producing allies have agreed to fresh supply cuts, but how much compliance will they achieve in the next three months? Former Capitol Crude host Herman Wang returns with details of the deal struck in Vienna on Friday. The contentious talks featured a walkout by...

The US shale oil boom has been heralded as an economic windfall for small towns from New Mexico to North Dakota. But it has also strained local public services, putting a toll on education, infrastructure and housing, while leaving many communities more susceptible to the boom and bust nature of...

As US crude oil exports surge above 3 million b/d, is the US-China trade dispute inhibiting growth? Can US crude oil exporters survive without access to the world's biggest demand market? On today's Platts Capitol Crude, we talk to Jacques Rousseau, managing director with ClearView Energy Partners,...

On today’s Platts Capitol Crude, Lynn Helms, director of the North Dakota Department of Mineral Resources, says Bakken oil output will continue to break records into 2020, but enforcement of gas capture rules will hinder growth, potentially for years. Helms, North Dakota’s top oil and...

After the Abqaiq attack, OPEC+, trade fights, and the ongoing record growth of US shale, oil prices are, basically, right where they were a year ago. Are supply and demand aligned? Is the oil market actually balanced, or at least as balanced as it will ever be? At the US Association for Energy...

US oil producers are bracing for a tough end to 2019: flat prices, falling rig counts, slower drilling permits and fewer well completions. Karr Ingham, a petroleum economist from Amarillo, Texas, and the executive vice president of the Texas Alliance of Energy Producers, says those factors will not...

The 2020 fight over energy policy is just getting started, and investors already have a bad case of heartburn over Democratic presidential candidates' proposals to ban all fracking in the US. Katie Bays, who advises institutional investors as co-founder of Sandhill Strategy in Washington, joins us...

The future of Citgo and its three US refineries hangs on this weekend's deadline for the interim Venezuelan government to make a massive bond payment that it can't likely pay. The Guaido administration's ad-hoc PDVSA board could lose control of Citgo because the loan is backed by a 50.1% stake in...

On this week’s Platts Capitol Crude we talk with Keisuke Sadamori, the International Energy Agency’s director for energy markets and security, about the US’ changing role in the global oil market and necessity of the US Strategic Petroleum Reserve. The SPR wasn’t tapped...

Venezuela is in the midst of an economic collapse, its political future remains uncertain and Citgo appears unlikely to be able to pay a more than $900 million bond payment due later this month. Could creditors soon seize Venezuela’s core foreign asset, including three major crude oil...

International buyers of US crude exports are increasingly seeking specific grades that once made up the blended pool of West Texas Intermediate. Buyers can request these "neat" barrels, thanks in part to new pipelines from the Permian to the Texas Gulf Coast that allow shippers to separate...

The September 14 attack on Saudi oil projects took 5.7 million b/d of crude supply off the global market, but, ultimately, had little impact on oil prices. That’s partly due to the growth of US oil production. But what is global demand from US crude and how much can be exported? On this...

A week after attacks on Saudi oil facilities shut down nearly 6% of the global oil supply, Brent futures prices are up less than $5/b. The market reaction has been wrong, though, giving Saudi estimates that output will quickly return far too much credibility and significantly undervaluing an...

Pioneer CEO Scott Sheffield sees Permian production growth slowing next year, but he still thinks the basin will eventually pump a staggering 8 million b/d. In an interview with Capitol Crude at the Center for Strategic and International Studies, Sheffield shared his views on breakeven oil prices,...

Columbus Oil operates 27 oil wells in rural Oklahoma which each produce an average of just 8 to 10 b/d of oil equivalent. On this week’s Capitol Crude, Darlene Wallace, Columbus’ president, CEO and owner, talks about all the cost-cutting she’s had to take to make a profit --...

On this week’s Platts Capitol Crude, we look at the impact of the US shale boom on the US economy as the Trump administration continues to push the narrative that a recession is not imminent. Mine Yucel and Michael Plante with the Federal Reserve Bank of Dallas call in to talk about the...

Last week, the Trump administration held its latest auction for oil and gas leases in the Gulf of Mexico. The sale generated high bids of less than $160 million, drawing interest in less than 1% of the total acreage offered. But could those bids be nullified? On today’s podcast, Brettny...

The Trump administration took a message of abundant US energy exports to the G-20 energy meetings in Karuizawa, Japan, over the weekend. We spoke with Deputy Energy Secretary Dan Brouillette, who represented the US delegation along with Environmental Protection Agency Administrator Andrew...

Oil tanker attacks have the International Energy Agency "seriously concerned" about oil supply security, and yet oil demand growth concerns have tempered the price reaction for now. Platts Capitol Crude spoke with IEA Executive Director Fatih Birol on the sidelines of the G-20 energy ministerial...

In the thick of its trade dispute with China, the Trump administration threatened last week to start yet another tariff fight with a major trading partner: Mexico. This one would have hit Gulf Coast refiners hard, potentially making it uneconomical to import the key Maya heavy crude grade. Capitol...

Some view the Trump administration’s push to expand offshore oil and gas drilling to most federal waters as a failure. But with plans for oil and gas lease sales for the Atlantic and Arctic on an indefinite hold, amid court battles and leadership changes, the industry continues to push for...

A movement to reduce plastic use has led to bans worldwide on shopping bags, straws and other single-use items, but no noticeable impact on demand for crude oil and other feedstocks used to make plastic. Petrochemical and plastic demand is forecast to increase at as much as four times the rate of...

As tighter US sanctions against Iran continue to change global oil flows, Asian refiners are testing a new grade of lighter crude flowing from the Permian Basin. West Texas Light has an API gravity averaging 48, compared with traditional WTI at 38-44 API. Laura Huchzermeyer, managing editor of...

On this week’s podcast we speak with Henry Rome, an Iran analyst with the Eurasia Group, about why the global oil market is not as stable and well-supplied as the Trump administration wants the world to believe. Rome sees a supply crunch only getting worse and a $5/b increase looming ahead...

The US is producing more than twice the oil it was a decade ago, with about a third of the workers needed to do so, according to Jamie Webster, a senior director at the BCG Center for Energy Impact. On this week’s Capitol Crude, Webster, also a fellow at Columbia University’s Center on...

The Trump administration will not extend its Iran sanctions waivers to China, India and other buyers in an attempt to push Iran exports to zero. But Sara Vakhshouri, president of SVB Energy International, argues on today’s Platts Capitol Crude that even with strict US sanctions coming into...

Crown Prince Mohammad Bin Salman arrived in the US a year ago to help write a new chapter in US-Saudi relations, but following the murder of Jamal Khashoggi, have relations been irreparably strained? On this week’s Platts Capitol Crude, Matt Reed, vice president of Foreign Reports, says...

A bill in Washington state could shut down 150,000 b/d of Bakken rail traffic through the Pacific Northwest, boost oil imports from Alaska and Asia through Puget Sound and increase North Dakota shipments to the US Gulf Coast. On this week’s Capitol Crude, we look at the bill, aimed at...

Nine years ago, President Barack Obama signed a regulation into law requiring oil, gas and mining companies to publicly report all payments made to governments, an effort aimed at curbing decades of corruption, but President Donald Trump has repealed that regulation and the US has since departed a...

A month from now, waivers which have allowed Iran’s biggest crude oil and condensate buyers to keep buying Iranian oil are set to expire. Analysts fully expect the administration to extend the waivers, but fissures have emerged within the administration, arguing that the US cannot drive...

On this week’s Capitol Crude, Frank Verrastro and Andrew Stanley with the Center for Strategic & International Studies’ energy and national security program talk about the state of Venezuela’s oil sector, the impact of US sanctions on PDVSA and what recovery might look like....