Podcasts about oil industry

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Best podcasts about oil industry

Latest podcast episodes about oil industry

Beau of The Fifth Column
Let's talk about Trump, oil industry layoffs, and finding out....

Beau of The Fifth Column

Play Episode Listen Later Apr 15, 2025 4:37


Let's talk about Trump, oil industry layoffs, and finding out....

POLITICO Energy
How Trump is testing the oil industry's patience

POLITICO Energy

Play Episode Listen Later Apr 15, 2025 8:11


The oil industry was a big supporter of President Donald Trump in the campaign, but now his economic policies are threatening their profits andcould hit U.S. production. POLITICO's Ben Lefebvre breaks down how Trump is testing the oil industry's patience. Plus, the Government Accountability Office found in a new report that the federal agencies charged with overseeing U.S. offshore wind development have not taken enough steps to ensure there are resources in place for effective oversight and engagement with stakeholder groups.  Ben Lefebvre is an energy reporter for POLITICO.  Nirmal Mulaikal is the co-host and producer of POLITICO Energy.  Annie Rees is the managing producer for audio at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Learn more about your ad choices. Visit megaphone.fm/adchoices

America in Focus
Chevron Verdict Could Mark Turning Point in Oil Industry Litigation

America in Focus

Play Episode Listen Later Apr 13, 2025 7:06


(The Center Square) − A Louisiana jury's decision last week to award $745 million in damages against Chevron has become the latest flashpoint in the national legal battle over climate accountability, drawing fierce reactions from industry allies, legal reform advocates, and watchdog groups warning of broader implications. The verdict, issued by the 25th Judicial District Court in Plaquemines Parish, marks the first jury trial result from a slate of more than 40 lawsuits filed by Louisiana parishes since 2013. The suits claim that oil and gas operations contributed significantly to coastal erosion and environmental degradation. But critics say the lawsuits could imperil the state's economic prospects while doing little to directly restore coastal lands.Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxxFull story: https://www.thecentersquare.com/national/article_07e37e27-e291-446e-a2b6-64607a475fca.html

The Agenda with Steve Paikin (Audio)
Should Canada Rethink Its Relationship to Oil?

The Agenda with Steve Paikin (Audio)

Play Episode Listen Later Apr 11, 2025 37:24


It's not an understatement to say the oil sector plays a significant role in the Canadian economy and has dominated life on this planet for the last century. But with Canada's emissions reduction goals, and Donald Trump's global tariffs, what's in store for this natural resource? And will it be an issue in our federal election campaign? Heather Exner-Pirot, Senior Fellow and Director of Natural Resources, Energy, and Environment for the Macdonald-Laurier Institute; Rory Johnston, oil market researcher and founder of Commodity Context; Rachel Doran, President and Executive Director at Clean Energy Canada; and Don Gillmor, journalist, former roughneck, and author of "On Oil," join Steve Paikin to discuss the future of oil.See omnystudio.com/listener for privacy information.

Tech Won't Save Us
The Dirty Alliance Between Tech and the Oil Industry w/ JS Tan

Tech Won't Save Us

Play Episode Listen Later Apr 3, 2025 53:06


Paris Marx is joined by JS Tan to discuss his experience seeing first hand how Microsoft deployed its cloud and machine learning services to help Chevron extract more oil and gas, and the state of tech worker organizing around climate change. JS Tan is a PhD student at MIT, researching cloud computing in the US and China. He's a a member of Collective Action in Tech and writes the Value Added newsletter.Tech Won't Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Support the show on Patreon.The podcast is made in partnership with The Nation. Production is by Eric Wickham.Also mentioned in this episode:Read JS Tan's “Oil Is the New Data” piece in Logic Magazine.Support the show

Start Making Sense
The Dirty Alliance Between Tech and the Oil Industry w/ JS Tan | Tech Won't Save Us

Start Making Sense

Play Episode Listen Later Apr 3, 2025 53:06


On this episode of Tech Won't Save Us, Paris Marx is joined by JS Tan to discuss his experience seeing first hand how Microsoft deployed its cloud and machine learning services to help Chevron extract more oil and gas, and the state of tech worker organizing around climate change. JS Tan is a PhD student at MIT, researching cloud computing in the US and China. He's a a member of Collective Action in Tech and writes the Value Added newsletter.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

InvestTalk
Wall Street's Diversification Strategies Shine in Uncertain Market

InvestTalk

Play Episode Listen Later Mar 28, 2025 45:48


Diversified investment strategies are outperforming traditional U.S. equity-focused approaches, and this highlights a significant shift in Wall Street's investment landscape. Today's Stocks & Topics: WMB - Williams Cos., Market Wrap, Capital One's CDs, Wall Street's Diversification Strategies Shine in Uncertain Market, NEM - Newmont Corp., Market Madness, MMTRS - Mills Music Trust, ADI - Analog Devices Inc., Oil Industry, GPK - Graphic Packaging Holding Co., FMC - FMC Corp., CTVA - Corteva Inc., Pet Industry.Our Sponsors:* Check out Kinsta: https://kinsta.com* Check out ShipStation: https://shipstation.com/INVEST* Check out Trust & Will: https://trustandwill.com/INVESTAdvertising Inquiries: https://redcircle.com/brands

Green Majority Radio
Emissions Caps, Carbon Prices, Tariffs, Oil Industry Demands (959)

Green Majority Radio

Play Episode Listen Later Mar 21, 2025 55:41


Lauren speaks with Mitchell Beer of The Energy Mix about the most important energy stories of the month.

The Moneywise Guys
2/27/25 Investing Smarter & The Business of Oil with Di Drilling's Daniel McCall

The Moneywise Guys

Play Episode Listen Later Feb 28, 2025 46:56


The Moneywise Radio Show and Podcast Thursday, February 27th  BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Guys" podcast call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management instagram: MoneywiseWealthManagement Guest: Daniel McCall, Founder & President of Di Drilling Survey Services website: www.didrill.com/contact.html email: information@didrill.com phone: 661.833.1499

Proactive - Interviews for investors
Just the Facts: Brookside Energy prepares for Bruins Well in SWISH Play

Proactive - Interviews for investors

Play Episode Listen Later Feb 6, 2025 1:43


Proactive's Tylah Tully breaks down ‘Just the Facts' of the latest news from Brookside Energy Ltd. Brookside is progressing with its strategic expansion in the Anadarko Basin, Oklahoma, with drilling preparations for the Bruins Well in the SWISH Play acreage unmderway. The Bruins Well, which is expected to spud by the end of this month, will be the first of three planned wells in the company's 2025 drilling program and will feature a 10,000-foot lateral well targeting the Woodford Shale formation. Pre-spud activities, including site selection, regulatory approvals and surface agreements, have been completed, and an all-weather drilling pad is under construction. Brookside anticipates increasing its working interest in the Bruins Well to approximately 70%, subject to final regulatory approvals. As of December 31, 2024, SWISH Play wells had produced a total of 2.5 million barrels of oil equivalent (BOE). The Bruins Well is projected to produce more than 1 million BOE in its lifetime, with approximately 640,000 BOE (~53% liquids) expected in the first five years. Estimated gross capital expenditure for the well is around US$11 million. Brookside views the Bruins Well as a key milestone in its drilling program and aims to maximise production outcomes, create value for shareholders and further expand its operations in the Anadarko Basin. #BrooksideEnergy, #OilAndGas, #EnergyInvestment, #AnadarkoBasin, #SWISHPlay, #BruinsWell, #DrillingOperations, #USOil, #ShaleProduction, #EnergySector, #Hydrocarbons, #OilExploration, #ResourceDevelopment, #EnergyGrowth, #WellSpudding, #WoodfordShale, #BOEProduction, #OperationalMilestone, #OilIndustry, #ShareholderValue

Denusion, the Daniel Griffith Podcast
From Big Oil to Epic Fantasy with Author Angie Kelly

Denusion, the Daniel Griffith Podcast

Play Episode Listen Later Feb 3, 2025 79:11 Transcription Available


This conversation is a multi-layered yarn with my friend Angie Kelly, who reveals her transformative journey from a biologist working in Canada's oil fields to an author of Epic and rage-worthy Fantasy. She explores the delicate relationship between nature, grief, and storytelling while introducing her captivating novel, "The Source of Storms."Angie's Website HERE or Substack HERE or Instagram HERE.Pre-Order my latest NOVEL HERE.

The Best of the Money Show
Small Business Focus: Sowing Seeds of Success: Loyiso Manga's Story in SA's Olive Oil Industry

The Best of the Money Show

Play Episode Listen Later Jan 30, 2025 9:58


Stephen Grootes speaks to Loyiso Manga, founder of Ubuntu Extra Virgin Olive Oil, about becoming one of South Africa's first Black olive oil producers, and his achievement of earning a silver award at the 2024 NYIOOC for his delicate blend, marking a significant milestone for his brand and South African olive oil production.See omnystudio.com/listener for privacy information.

Evolve to Succeed
Fuelling Success: Building a Sustainable Legacy in Motorsport Fuels, with Anders Hildebrand

Evolve to Succeed

Play Episode Listen Later Jan 27, 2025 52:52


In this episode, Warren interviews Anders Hildebrand from Anglo American Oil Company, who shares his entrepreneurial journey from Sweden to the UK, the challenges of starting a business in a competitive market, and the evolution of his company into a family-run business.  Anders discusses the importance of customers, the dynamics of working with family, and the future of sustainable fuels in the industry. He emphasises the need for trust, delegation, and the significance of maintaining a passion for the business.   This episode of the Evolve to Succeed Podcast covers… Anders business journey in the UK after moving from Sweden. The financial struggles of starting a business. How the support of family can be crucial in taking risks and making business decisions. Building relationships in the racing industry. The importance of customer satisfaction over profit. Flat organisational structures and how it promotes equality among employees. The rise of electric vehicles. Family dynamics. Creating a legacy for future generations within the family.   Chapters 00:00 Introduction to Anders 06:11 From Oil to Racing Fuels 12:50 Navigating Early Years 21:57 Family Dynamics in Business 32:20 From Entrepreneurial Spirit to Family Business 37:34 Sustainability and the Future of Fuels 43:48 Dreams and Aspirations  

On The Go from CBC Radio Nfld. and Labrador (Highlights)
Tariff threats, retaliation and NL oil industry

On The Go from CBC Radio Nfld. and Labrador (Highlights)

Play Episode Listen Later Jan 23, 2025 12:35


Oil is a crucial bargaining chip in Team Canada's response plan to Trump's tariff threats... so how would a retaliation tariff or-supply cutoff to the U.S. hit this province? We welcome an industry consultant to the On The Go studio to talk about what this news signals - and how NL's oil industry is reacting to the tensions and tariff talk between Canada and the United States. (Krissy Holmes with Rob Strong)

Minimum Competence
Legal News for Mon 12/30 - Fox Corp's Defamation Lawsuit, Trump Loses Again to E. Jean Carroll, Oil Industry Climate Liability and Law Firm Mergers in '25

Minimum Competence

Play Episode Listen Later Dec 30, 2024 7:14


This Day in Legal History: First Year with No LynchingsOn December 30, 1952, the Tuskegee Institute released a landmark report marking the first recorded year without a lynching of African Americans in the United States since the institute began keeping records in 1881. The grim practice of lynching—extrajudicial killings often carried out by mobs to enforce racial subjugation—had claimed thousands of lives, becoming a chilling emblem of racial terror, particularly in the Southern United States. Tuskegee's data captured the scope of this violence, documenting nearly 4,000 lynchings of Black individuals over the prior seven decades.The significance of 1952 as a year without reported lynchings underscored the impact of growing civil rights activism, the waning influence of vigilante groups, and increasing legal accountability. This milestone also reflected shifts in public attitudes and the effectiveness of organizations like the NAACP, which tirelessly campaigned against lynching and for federal anti-lynching legislation. Despite this progress, racial violence and discrimination persisted in other forms, underscoring that the end of lynching did not mean the end of systemic racism."Strange Fruit," a haunting protest song famously recorded by Billie Holiday in 1939, had kept the horrors of lynching at the forefront of public consciousness. Its stark imagery of "black bodies swinging in the Southern breeze" served as a chilling reminder of the atrocities endured by Black Americans. While the 1952 milestone was a cause for solemn reflection, it was also a call to sustain the fight for racial justice and equality in a nation still grappling with deep-seated prejudices.Rupert Murdoch and other senior leaders of Fox Corporation will face claims from investors alleging personal responsibility for financial harm stemming from false election conspiracy theories aired by Fox News. Delaware Chancery Court's Vice Chancellor J. Travis Laster denied Fox's motion to dismiss the lawsuit, stating that the plaintiffs had sufficiently argued that Murdoch could likely be held liable for knowingly permitting defamatory content to be broadcast. The lawsuit follows Fox's record-breaking settlement with Dominion Voting Systems and comes as Smartmatic pursues a separate $2 billion defamation suit. The investors claim that the leadership's actions and decisions led to significant economic fallout, asserting that corporate governance failures allowed reputational and financial damage to occur. While the court's decision enables the case to proceed, it does not guarantee success for the plaintiffs, leaving the ultimate outcome of the claims to trial.Fox, Murdoch, Execs Must Face Election Defamation Payout SuitA federal appeals court upheld a $5 million verdict against Donald Trump in a case brought by E. Jean Carroll, a former magazine columnist, who accused him of sexual assault and defamation. The decision, issued by a three-judge panel of the 2nd U.S. Circuit Court of Appeals, stems from a 2023 jury verdict that found Trump liable for sexually abusing Carroll in the 1990s and defaming her in a 2022 Truth Social post. While jurors did not find Trump guilty of rape, they awarded Carroll $2.02 million for sexual assault and $2.98 million for defamation.Carroll has also secured an $83.3 million defamation verdict from a separate jury in January 2024, which Trump is appealing. These legal battles persist despite Trump's return to the presidency following his 2024 election victory. Trump's defense argued that the trial judge improperly allowed testimony from two other women alleging past misconduct and included the infamous "Access Hollywood" tape as evidence. Both trials were overseen by U.S. District Judge Lewis Kaplan. This case continues to highlight the lack of immunity for sitting presidents in civil litigation unrelated to their official duties, following a precedent set during Bill Clinton's presidency.Trump loses appeal of E. Jean Carroll $5 million defamation verdict | ReutersThe oil and gas industry is facing increasing legal and legislative pressure over its role in climate change. States like New York and Vermont have enacted “climate Superfund” laws, with New York's targeting $75 billion from major polluters over 25 years to fund climate mitigation efforts. Meanwhile, multiple states and cities have filed lawsuits alleging misinformation campaigns by fossil fuel companies about climate change and plastic pollution. These efforts, while separate, are creating a coordinated front against the industry and building evidence to attribute emissions to specific companies.Experts suggest that legislative efforts like climate Superfund laws and lawsuits may bolster each other by generating an evidentiary record for liability. However, there are concerns about overstepping legal boundaries, as courts may reject overlapping claims for damages under federal laws like the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). Fossil fuel companies argue that climate-specific laws conflict with existing federal laws such as the Clean Air Act and may face challenges in implementation.The American Petroleum Institute and energy companies have expressed resistance to these legal actions, with a preference for fighting rather than settling claims. While states hope to hold polluters accountable, the success of these strategies remains uncertain as courts, lawmakers, and the industry test the boundaries of new legal frameworks.Climate Liability Laws, Litigation Add to Oil Industry HeadacheThe legal industry is set for another wave of consolidation in 2025, with several major law firm mergers scheduled for January 1. Among these, Troutman Pepper Hamilton Sanders will merge with Locke Lord to create Troutman Pepper Locke, a firm with 1,600 attorneys and projected annual revenues exceeding $1.5 billion. Similarly, Womble Bond Dickinson is merging with Lewis Roca Rothgerber Christie, combining to form a 1,300-lawyer firm with $742 million in revenues. Taft Stettinius & Hollister is joining with Sherman & Howard, projecting revenues of $810 million for the merged entity.Philadelphia-based Ballard Spahr will combine with Lane Powell, forming a 750-lawyer firm operating in 18 U.S. offices. These moves follow 41 law firm mergers in the first nine months of 2024, with industry analysts predicting continued activity next year. Firms are responding to client demand for broader services and geographic reach, as businesses increasingly consolidate their legal needs with fewer providers. Smaller and midsize firms are pursuing mergers to access new markets and clients, while the most profitable firms focus on lateral hires and internal growth. Rising costs, including attorney salaries and investment in generative AI technologies, are also pressuring firms to consolidate. Transatlantic mergers are gaining momentum as well, with U.K.-based firms like Allen & Overy and Herbert Smith Freehills expanding into the U.S. market through deals with Shearman & Sterling and Kramer Levin Naftalis & Frankel, respectively. These global mergers highlight the evolving competitive landscape in the legal sector.Law firms' quest for market share drives New Year's merger wave | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Discover Lafayette
Paul Hilliard – Reflections Back on Life in Wisconsin, WWII, Oil Industry and Philanthropy

Discover Lafayette

Play Episode Listen Later Dec 27, 2024 52:31


Paul Hilliard, President of Badger Oil Corporation, has led a wonderful life of generosity and love of community that provides a humbling lesson in being a good steward of God's resources. At 99 years of age, he is sharp and insightful, a true testament to his wisdom and vitality. Paul was 17 when he enlisted in the U. S. Marine Corps during his Senior year in high school in February 1943, quitting school when he received permission from his mother to join the war effort. He trained to be a gunner, handling machine guns in the back of Douglas SBD Dauntless (Scout Bomber by Douglas Aircraft) planes in air missions conducted in the Pacific Theatre of Operations. SBD was jokingly referred to as “Slow But Deadly.” He flew 45 combat missions and was twice awarded the Distinguished Flying Cross in addition to receiving the Air Medal with six bronze stars.  Following his service, Hilliard earned his law degree from the University of Texas before beginning a career in the oil and gas industry. He credits the GI Bill for the opportunities it afforded him and so many other servicemen who would not have otherwise been able to obtain an education. Hilliard exemplifies the selfless spirit and pride of our WWII generation of heroes, as well as the successful ingenuity of a veteran oil and gas entrepreneur.  Known for his self-effacing wit and ability to achieve in spite of a hardscrabble upbringing in Wisconsin, Hilliard has been a successful independent operator and owner of Badger Oil Corporation since 1955 and has seen fit to use his success in business to help others in need. Awarded the Civic Cup in 2003 and the esteemed national Horatio Alger Award in 2009, Paul has also been active in statewide associations working to improve the oil and gas industry, business, and civic endeavors. Paul has also been active in statewide associations working to improve the oil and gas industry, business, and civic endeavors.  In 2015, he received the Circle of Honor Award from the Congressional Medal of Honor Foundation. UL Press released Dauntless: Paul Hilliard in WWII and a Transformed America in 2023. Written by Rob Citino with Ken Stickney and Lori Ochsner, the book documents some of the most fascinating decades in American history: the impact of World War II, the importance of post-war social and economic changes, and the development of the oil industry from the 1950s to today. “Dauntless is a compelling narrative tracing Paul Hilliard's life experiences during the Great Depression, from farm life in Wisconsin's Dust Bowl to his distinguished service as a Marine in World War II, his education through law school, and a long and successful business in the oil fields. Paul's lifelong philanthropy and his passion for education and the lessons of WWII make him an inspiration. His life is the Horatio Alger story. He is, and always be, one of my heroes.”—Boysie Bollinger Paul has been a generous benefactor in causes to help at-risk children learn to read so that they can overcome poverty as he did.  He and his late wife, Lulu, provided $5 million dollars in seed money to start the Paul and Lulu Hilliard Art Museum at UL – Lafayette. Paul has served as a National WWII Museum trustee, and he and his wife, Madlyn, have been two of the Museum's most active advocates and supporters. They have provided transformative support for several Museum initiatives, including acquisition and restoration of artifacts, collection of oral histories, and education programs. In September 2018, Hilliard accepted the position of Board Chair of the museum, focusing on the completion of the its $400 million campus expansion. For more information, visit https://www.nationalww2museum.org, a treasure trove of thousands of oral histories and hundreds of thousands of photos depicting the WWII experience. Paul ended the interview by sharing his gratitude for being born in the United States of America.  He spoke of a favorite quote by Cicero: “Gratitude...

Learn Persian | PersianPod101.com
Video Culture Class: Iranian Holidays #13 - Nationalization of Oil Industry Day

Learn Persian | PersianPod101.com

Play Episode Listen Later Dec 19, 2024 5:23


KFBK Morning News
Oil Industry and CARB

KFBK Morning News

Play Episode Listen Later Dec 11, 2024 3:12


Governor Newsom says the oil industry is gouging us and that's why our gas prices are so high. At the same time, the Californra Air Resources Board has approved more regulations that will raise our gas prices an estimated 60mcents a gallon...

Enlightenment - A Herold & Lantern Investments Podcast
Will AI Revolutionize the Oil Industry and Reshape Energy Markets?

Enlightenment - A Herold & Lantern Investments Podcast

Play Episode Listen Later Dec 2, 2024 37:10 Transcription Available


December 2, 2024Season 6 | Episode 42Explore the strategies that could make 2025 your best financial year yet. How do you prepare your portfolio for a new year following a phenomenal performance by U.S. equity markets in 2024? We promise you'll walk away with a solid understanding of how to navigate these dynamic times, featuring insights into portfolio rebalancing and the lesser-known tax implications that can make or break your year-end financial planning. We'll guide you through the latest twists and turns of the global market. Discover how geopolitical tensions, such as President-elect Trump's tariff threats and French political instability, are influencing U.S. stock futures and international markets. Get the lowdown on major corporate shake-ups and successes, from Intel's executive changes to Disney's cinematic triumphs, and the intriguing political landscape stirred by President Biden's controversial decisions. Plus, don't miss our preview of key economic reports that could impact your investment decisions.As we look toward 2025, we'll unravel the complexities of the bond and fixed income markets. Learn why the $6.74 trillion Treasury issuance could reshape fiscal policies and interest rates, and uncover the opportunities hiding in Treasury yields and corporate debt. Emphasizing the importance of understanding your investment goals and risk tolerance, we offer practical resources for informed decision-making. Whether you're a seasoned investor or just getting started, this episode equips you with the knowledge to navigate the ever-evolving financial landscape.** For informational and educational purposes only, not intended as investment advice. Views and opinions are subject to change without notice. For full disclosures, ADVs, and CRS Forms, please visit https://heroldlantern.com/disclosure **To learn about becoming a Herold & Lantern Investments valued client, please visit https://heroldlantern.com/wealth-advisory-contact-formFollow and Like Us on Youtube, Facebook, Twitter, and LinkedIn | @HeroldLantern

A Breath Of Fresh Movie
It Was Her Idea: How to Blow Up a Pipeline

A Breath Of Fresh Movie

Play Episode Listen Later Nov 25, 2024 59:30


A compelling cinematic adaptation of an academic study of social justice movements.SUPPORT THE SHOW: PATREONFOLLOW THE SHOW: INSTAGRAM // TWITTER // TIKTOK // YOUTUBEEMAIL THE SHOW: abreathoffreshmovie@gmail.com  SHOP THE SHOW: TEE PUBLIC 

Farmer's Inside Track
Loyiso makes a big splash in Mzansi's olive oil industry

Farmer's Inside Track

Play Episode Listen Later Nov 18, 2024 13:35


In this episode, we dig deep into the inspiring story behind Ubuntu Extra virgin olive oil, and its founder, Loyiso Manga. Driven by a passion to make high quality olive oil accessible to all South Africans, Loyiso set out on a journey to create a brand that is fresh, positive and grounded in the African values of community and sharing. For over two years, he faced the challenges of finding the right olive oil farm partner and securing funding, yet his vision for a healthier South Africa kept him pushing forward. Today, he is supplying some impressive markets and have won a couple of awards along the way.

The Bay
SF Mayoral Race Update, Hotel Worker Strike, and Oil Industry Campaign Spending in…Belmont?

The Bay

Play Episode Listen Later Oct 30, 2024 26:23


In this edition of The Bay's monthly news roundup, we check in on how we're feeling before the election and get a status update on the San Francisco mayoral race. Then, we dive into the ongoing hotel worker strike in San Francisco and discuss why the oil industry is getting involved in a local election in a city with no refineries.  Links: KQED Voter Guide Prop Fest 2024 Oil Industry Spends Thousands on Local Bay Area Election in City With No Refineries New Polls in San Francisco Mayor's Race Show Peskin and Lurie Surging SF Hotel Worker Strike Enters 6th Week, No Deal in Sight Apply to be our intern Learn more about your ad choices. Visit megaphone.fm/adchoices

Apple News Today
Inside the oil industry's plot to get Trump reelected

Apple News Today

Play Episode Listen Later Oct 24, 2024 12:51


On today’s show: The Wall Street Journal on how the gender gap became a defining feature of the Harris-Trump race. And Politico reports on why that gap is growing. Washington Post reporter Evan Halper explains how oil lobbyists are preparing for — and pouring money into — a possible Trump victory so they can dismantle landmark Biden-era climate rules. Plus: The Guardian reports on how it could take Gaza’s economy an estimated 350 years to return to its prewar level. USA Today examines an education mystery: why fewer high schoolers went to college this fall. And Bloomberg Businessweek looks at how Home Depot’s 12-foot skeletons spawned an industry of giant Halloween decor. Today’s episode was hosted by Shumita Basu.

The Radcast with Ryan Alford
Big Brass Balls and a Bag of Cash with Brad Blazar

The Radcast with Ryan Alford

Play Episode Listen Later Oct 15, 2024 50:21


Right About Now with Ryan AlfordJoin media personality and marketing expert Ryan Alford as he dives into dynamic conversations with top entrepreneurs, marketers, and influencers. "Right About Now" brings you actionable insights on business, marketing, and personal branding, helping you stay ahead in today's fast-paced digital world. Whether it's exploring how character and charisma can make millions or unveiling the strategies behind viral success, Ryan delivers a fresh perspective with every episode. Perfect for anyone looking to elevate their business game and unlock their full potential.Right About Now NewsletterFree Podcast Monetization CourseJoin The NetworkFollow Us On InstagramSubscribe To Our Youtube ChannelVibe Science MediaSUMMARYIn this episode of "Right About Now," host Ryan Alford and guest Brad Blazer, an experienced capital raiser and entrepreneur, delve into the complexities of raising capital, particularly in the oil industry. Brad shares his journey, emphasizing the importance of understanding investment dynamics and conducting due diligence. He recounts memorable experiences, including convincing a hesitant doctor to invest and transforming an unprofessional job candidate into a successful team member. The discussion highlights the significance of aligning the right type of investor with the business stage and underscores the critical role of mindset and confidence in securing investments.TAKEAWAYSIntroduction to the significance of capital raising for entrepreneurs.Personal journey of an experienced capital raiser in the oil industry.Current state and dynamics of the oil market.Understanding different types of investors and their expectations.Importance of due diligence in the capital raising process.Balancing control and investment when bringing in outside investors.Differences between investing in real estate and other business ventures.Challenges faced by startups in securing capital.Risk-adjusted return expectations based on investor demographics.Insights on mindset and personal presentation in capital raising success. If you enjoyed this episode and want to learn more, join Ryan's newsletter https://ryanalford.com/newsletter/ to get Ferrari level advice daily for FREE. Learn how to build a 7 figure business from your personal brand by signing up for a FREE introduction to personal branding https://ryanalford.com/personalbranding. Learn more by visiting our website at www.ryanisright.comSubscribe to our YouTube channel www.youtube.com/@RightAboutNowwithRyanAlford.

RNZ: Afternoons with Jesse Mulligan
NZ's olive oil industry takes a bow

RNZ: Afternoons with Jesse Mulligan

Play Episode Listen Later Oct 15, 2024 10:14


On Saturday New Zealand's olive oil community came together to celebrate the best it has to offer.

Leafbox Podcast
Interview: Andrew Thomson

Leafbox Podcast

Play Episode Listen Later Oct 9, 2024 74:16


In this interview with Andrew Thomson, a Scottish seasoned professional in the energy sector, we delve into the multifaceted landscape of oil, renewable energy, and their global implications through a personal lens. Andrew shares his journey from working in the oil industry over 20 years to recently transitioning into nuclear and wind energy sectors. Through his experiences, he provides insights into the socioeconomic impact of oil, the challenges of transitioning to renewable energy, and the complexities of global politics that intertwine with the energy sector.Exploring Andrew's experiences working offshore in locations like Nigeria and Azerbaijan, the discussion uncovers the substantial influence of hydrocarbons and the cultural, socio-economic, and safety developments within the oil sector. The discussion delves into the critical role of energy across modern life, impacting everything from education to communication, while critiquing governmental actions on energy policies and advocating for a balanced energy strategy, similar to Japan's where currently works in setting up Wind Turbine Platforms (using much of the same technology as oil rigs). Furthermore, the dialogue highlights the philosophical and challenging practical shifts toward renewables, exploring political and economic challenges in this transition. Through Andrew's perspective, one can try to better attempt to begin to understand the global energy politics, the necessity of interdisciplinary approaches in energy careers, and the shifting dynamics in the energy sector.Time Stamps * 00:00 The Importance of Energy in Modern Life* 01:00 Introducing Andrew: From Oil to Climate-Friendly Energy* 01:46 Andrew's Background and Career Journey* 02:38 Life and Work in the Oil Industry* 07:34 Challenges and Dangers of Offshore Drilling* 10:54 The Culture and Lifestyle of Oil Workers* 20:58 Global Perspectives: Working in Africa and Beyond* 23:58 Corruption and Local Interactions in the Oil Industry* 38:09 A Costly Mistake and Cultural Reflections* 38:54 Corruption and Anti-Corruption Measures* 40:09 Cultural Differences and Acceptance* 41:13 Colonial Legacy and Historical Perspectives* 43:41 Nationalized vs. Private Oil Companies* 45:46 Transition to Renewable Energy in Japan* 46:12 Challenges in the Oil Industry* 48:22 Geopolitics and Energy Policies* 56:43 Experiences with Government Agencies* 01:03:56 Future Prospects and Peak Oil Debate* 01:08:06 Final Thoughts on Energy and PolicyHighlights and Quotes of Interest On Energy Source MixesJapan has a long term vision.It has a vision of a percentage mix of nuclear fossil fuels, renewables, whereas I feel like I'm fairly against it in my home country, in the UK, because we don't have a long term plan. We've had four prime ministers in the last two years. One of them wanted to build eight nuclear power stations, the next one to start fracking. I believe in an energy mix. I think there's a lot of irresponsibility talked about these days in terms of the energy transition. I do think there should be an energy mix.And then the one now wants to quadruple our offshore wind capacity in eight years, which is impossible. It's quite nonsensical. It's quite short term thinking. I'm not anti wind, I'm not pro oil, I'm not anti or pro any, anything. What I'm pro is a science based, long term, non subsidy, non corruption based market solution.On Incentives in Oil Vs “Renewables”So right now, it seems like oil is completely negative and then offshore wind is completely positive. You look at the motivations behind companies putting in offshore wind turbines or the service companies exactly the same as motivations behind all companies.Neither one is doing them. For anything other than to make money. And I think it's simplistic and a little bit silly to think that the boss of an oil company is some sort of J. R. Ewing, person that likes to run over puppies on the way home and the boss of an electricity company or a turbine installation company or whatever is some sort of, sandal wearing saint that doesn't care about money. Everyone in pretty much, I would say any corporation, that statistic about men are CEOs, they're psychopaths. All they care about is money. And I think there are a lot of like there's a lot of talk about subsidies in [renewables] On Oil's Beastly NatureIt only takes, one ignition source and then you're on top of a fireball…potential that the entire thing can blow up underneath your feet. On Life without Oil It's the world we have is impossible to have without oil. Sure. You can reduce it. It's going to run out eventually one day anyway.So reducing it is not a bad thing, but to pretend that you can just press stop and then you can put in a wind turbine is nonsensical. And the politicians know it's nonsensical as well.  The sheer scale of, Hydrocarbon involvement in our modern industrial life is so incredibly difficult to untangle. There's literally nothing more important than our energy because it ties into the availability of education and medicine and travel and communication. Right, without. some form of mass energy production. We're right back to the medieval ages.On The British State I speak from a very UK point of view because it's my country, it's my home. I feel As ever, the British state works against the British people, not for the British people, which is a contrast to some of the countries that we may look down our noses on a little bit more as not developed, where, and Japan is a great example of this, where Japan seems to do things for the benefit of Japanese people, which seems to be a controversial idea back home. Learning from Travel This is part of, traveling. You see so many countries where people are so proud of their country. Nigerians were some of the most proud people I think I've ever met, and it's the same in Japan. And I worry the direction our country's going, both the UK and the US, when we were raising a generation of children who are being taught to be embarrassed by where they come from. Though I really feel like in the West we've made a mistake over the years in trying to impose our way of looking at the world on other cultures.Post Interview Notes / Links from AndrewHere are some relevant links that might be of interest:"Empire of Dust", a fascinating documentary widely referenced online, but with no major release I don't think, that shows interaction between a Chinese contractor and locals in the DRC. It's a perfect example of culture clash, the strength in the documentary being there is no western-style narrative, it's simply two very different cultures interacting honestly with each other. The film-maker is Belgian which is particularly interesting given their colonial history in the DRC.Watch @ https://www.dailymotion.com/video/x5gdfm4I can particularly recommend Joseph Conrad's Heart of Darkness if you're interested in the dark side of colonialism, or any history of DRC or Zaire as it was. One of my favourite films is Apocalypse Now, which along with the book perfectly makes the point I was trying to, which is how these cultures are manifestly different from ours, and any attempt to convert or run these societies in a western way will ultimately end up in failure, unless it's done by complete dominance, which of course, is wrong. It's a subject I find really interesting, and my experiences in Africa really changed how I view the world.On Energy Prices “Strike Prices” and Renewables Some links explaining the Strike Price for electricity set through the CfD (Contract for Difference) mechanism that guarantees a specific rate for electricity to renewables companies.https://www.iea.org/policies/5731-contract-for-difference-cfdhttps://www.eurelectric.org/in-detail/cfds_explainer/ It's quite hard to find a non-biased article explaining this, but the basic mechanism is:What isn't always mentioned is the "top-up" when the price falls is paid to the generators by the consumer, in the UK at least, in the form of a levy on the electricity price. Which is fine in theory to have a set electricity price, but currently the UK has the 3rd highest electricity costs in the world:https://worldpopulationreview.com/country-rankings/cost-of-electricity-by-countryOn British Embassy Support (Weapons:Yes / Hydrocarbons: No)UK government ending support for oil and gas sector abroad:https://www.gov.uk/government/news/pm-announces-the-uk-will-end-support-for-fossil-fuel-sector-overseasBut no issue promoting UK weapons manufacturers:https://www.aljazeera.com/news/2018/3/15/uk-spent-1-3m-on-security-for-worlds-biggest-weapons-fairSubsidies provided to the oil and gas industry in the US: (this can be complicated to assess because the IMF considers environmental and health costs after production as an effective subsidy, whereas the OECD and the IEA do not)https://www.eesi.org/papers/view/fact-sheet-fossil-fuel-subsidies-a-closer-look-at-tax-breaks-and-societal-costsCorrection on Refinery Capacity in NigeriaI was slightly mistaken, there is some refinery capacity in Nigeria, in fact it's the highest in all of Africa, however it is still around half of what Houston alone produces per day.https://link.springer.com/article/10.1007/s13203-018-0211-zOn Oil Piracy / Theft (Discussed During Interview as Another Source for Danger / Volatility / Environmental Damage) Oil pipeline theft still seems to be a problem in Nigeria sadly:https://www.pipeline-journal.net/news/explosion-nigeria-oil-pipeline-kills-12-shell-blames-crude-oil-theft-tragedyOn Working in the Pubic SectorI was thinking about one of your last questions afterwards, whether I'd ever work for the government. You know, I would actually love it, to be able to make some type of positive impact, I'd really enjoy that much more than my current job, it's just that what I would advocate is so far in the opposite direction of the UK foreign office and civil service's ethos (non-judgmental promotion of UK interest and people without imposing change on other countries) that I wouldn't get the opportunity. The British sitcom "Yes Minister" captures perfectly how the UK establishment works, it's from the 80s but still very relevant. It works to ensure the continued existence of the establishment, not the general population.AI Machine Transcription - Enjoy the Glitches!Andrew: The sheer scale of, Hydrocarbon involvement in our modern industrial life is so incredibly difficult to untangle.There's literally nothing more important than our energy because it ties into the availability of education and medicine and travel and communication. Right, without. some form of mass energy production. We're right back to the medieval ages.Leafbox: Andrew, thanks so much for making time for me. I know you're a busy guy. Yeah, I really appreciate it. Actually, when I first met you, I was actually fascinated with your work because you're one of the few people I know who has jumped from the oil sector to a climate friendly energy sector, I call it, so I was very curious about your perspectives on both. Having, your wife told me that you lived in Baku and that alone, it is probably a book's worth of questions. Andrew, why don't we just start tell us who you are, where you are, what's the weather like in Fukuoka? And where are you from?Andrew: Well, the most important thing the seasons in Japan seem to follow rules like the rest of Japan. So it's got the memo recently that it's not summer anymore, which is great because summers here are pretty brutal. And it's cloudy and rainy, which from someone from Scotland is nice and familiar.Yeah, I guess be brief biography. I'm Scottish from the North of Scotland. This is usually the point where someone says, well, you don't sound Scottish, but that's because I was born down in England. But moved up Scott, two parents from very remote rural part of Scotland. And we moved up when I was about six.So I went to the local university Aberdeen which at the time was the oil capital of Europe. So with a passion for engineering and a desire to Just have adventure really as a young guy wanting to see the world. Also oil is always historically been very well paid. Probably along the lines of, I don't know, market wise, your career options, lawyer, doctor, that sort of thing, which was never really my interest in an oil worker.So anyway financial motivations, adventure motivations, just an interest in big, heavy engineering pushed me in that direction. I joined, graduated, I took a master's in offshore engineering graduated and joined Halliburton about six weeks before 9 11. So this was in the year of of Dick Cheney, of course then I eventually ended up working offshore.For a company that worked on drilling rigs, doing directional surveys, so you would run drilling tools down the well and that was quite life changing, really very exciting. A lot of. Pressure. This is all gonna make me sound very old, but pre smartphone days. So you were a lot more on your own in those days.I did that for four years. Then I ended up running operations in Lagos, Nigeria. Did that for three years, joined a Norwegian company, worked for them in Aberdeen, and then again, oil service. And ended up running their operations in Baku and Azerbaijan. Then COVID came along and like for a lot of people turned the world upside down.So with the low oil price ended up being made redundant and Really struggled for about a year or so to find work and then it wasn't ideological either one way or another in terms of the energy transition, it's quite heavily marketed these days but I'm not overly convinced that it's as easy as politicians seem to say it is but I took a job for a company drilling offshore foundations.And I was working on a nuclear power station, the cooling shafts for a nuclear power station. And then I simply got a job offer one day an online recruiter to come to Japan to work on offshore wind which has some, Close. It's basically the same things I was doing, except it was in nuclear.So yeah, none of it's been a straight line or a plan, but just the opportunity came up. We really wanted to have another period abroad. So we took the move and then I find myself on a beach speaking to yourself after about a year or so. Leafbox: So Andrew, going back to university time, exactly what did you study? Was this petroleum engineering? Or Andrew: It was no, it was mechanical engineering. But being in it was Robert Gordon university in Aberdeen, but being in Aberdeen, it was very heavily oil influenced at the time. I was actually. obsessed with cars and motorbikes, anything with an engine. So I really wanted to do automotive, but I didn't have the grades to go to a lot of the bigger universities down South.And I was 16 when I went to university and didn't really want to go too far. So I did mechanical. And then that led on to a degree in offshore engineering at the same university, which was completely oil focused. Leafbox: And then Andrew, can you tell me a little bit about the makeup of, the demographics of when you entered the oil industry and especially in Scotland and what were these offshore platforms like, you have engineers with high degrees and then what about the workers themselves?Andrew: Yeah. Yeah. So, your average rig is made up of a lot of different job functions. At the top or guess with the most responsibility. So you've got your company that own the rig. They're the drilling contractor and they have their personnel the guy that manages the rig, and then they have all different personnel, including all the deck crew and all the roughnecks raised about, but then you have the oil company that contracts them.And they have someone offshore running it, but they have a lot of engineers. And then you have all these like service companies, which is what I've worked for that come in and do things. So you typically have on the oil company sides. You'd have someone with, degrees, you'd have like their graduate programs, you'd have young people coming offshore, their first time offshore, but they'd be quite high up relatively.And then you would have your deck crew, mechanics, electricians, which typically weren't university educated. And the guys right at the very top who'd be like, Oh, I am like the rig manager generally, especially in the old days, wouldn't be university educated, but they would just have worked offshore for a very long time.So that they'd be very knowledgeable and skilled in what we're doing. A lot of them took degrees as, technology increased. And it became, more important to have a degree, but especially in the old days, although I think at that level in that job, people wouldn't have had degrees, but you do have, it is a big mix between like I said, your deck crew and the people that are more like the, engineers, geologists, et cetera.And I can't speak for every region, but you do find that you've got, so say the comparative salary or career prospects of a welder, or a mechanic or somewhere you've suddenly got someone who could earn, I don't know, in the U S but in the UK, maybe Twenty five twenty twenty five thousand pounds a year.Maybe, like three years ago in their offshore making like 60, and it's I think it's the same thing in the U. S. you have people from very poor areas that can go offshore and just, quadruple more there their salaries and it's a, But there's a reason why they're, there's a reason why they're getting paid that is because it's a lot more difficult and dangerous when you're away from home and stuff. It's a strange old mix in a lot of ways. Leafbox: And then can you describe for people just what the actual dangers are? Give people an image of what these platforms are like to be on them and how to build them and the complexity of these devices.Andrew: There's so you have there's a lot of different forms, but basically you have a drilling rig. which can be like a semi submersible which floats or a jack up which legs are like sitting on the ground or you could even have a ship that comes like, it all depends on the the depth of the water depth usually.So you'll have this vessel that drills a well and then eventually, so they'll drill a number of wells and then you'll have a platform which is fixed to the seabed usually and then that can that has like a. A wellhead that connects all the wells and then takes the hydrocarbons on board and then it might pump it to another bigger platform or it pumps it to some like somewhere where it's processed and then it's pumped on shore.There's different. There's common dangers. Everything from there've been a number of helicopter incidents over the years. Generally, a lot of these rigs are so far away that you'll take a, you'll take a chopper backwards and forwards. And it's been well documented of things like gearbox failures and stuff.You're probably one of the biggest, I don't have the HSC statistics in front of me, but one of the biggest injuries are probably slips, trips and falls. Because, your average drilling rig has maybe four or five levels to it, and you're up and down stairs all day with big boots on and a hard hat and glasses and stuff, and people tripping on themselves.Obviously drilling, you've got well you've got a lot of overhead lifts, a lot of people get injured with the fingers getting caught between loads roughnecks, raced abouts on the drill floor when they're handling drilling pipe. I've met a lot of people over the years that have got one or more fingers missing, because it's very easy to get your finger nipped between two things are being lifted, especially when people put their hands on to try and direct them.And then obviously the pressure of the hydrocarbons look at deep water horizon, for example the oil and the gas, It's funny listening to your podcast with Jed about oil being sentient that the pressure that the oil is under.So when you tap into, obviously it wants to go, it wants to go up and out. And then that could literally rip a rig apart if it's not if it's not controlled. And then obviously you've got the ignition risk, which, you've got Piper Alpha in the UK and you've got, like I say, Deepwater Horizon, there's been a number of rig explosions and then going back to what I said about platforms.So Piper Alpha was a platform and that was processing gas. So you have 100 and 170, 200 odd people working and living. on a structure offshore where there are like an enormous amount of gas that's being pumped. extracted and pumped like underneath their feet and it only takes, one ignition source and then you're on top of a fireball.And I remember being offshore when they're flaring, which is a process whereby they burn off excess gas and just being stunned by the ferocity of the noise, nevermind the heat of the, that it's just like a primal hour, you, you can stand a couple of hundred. Yards away from it and you can feel it on your face, it's just, it's very different.I've been offshore on a wind turbine installation vessel, which has the same offshore industrial risks in terms of lifted injuries, slips, trips, and falls and suspended loads. But you don't have that. You don't have that like potential that the entire thing can blow up underneath your feet.Leafbox: So with this danger and this kind of. wild beast underneath you. How did the men and women respond? You had in your email, a little bit of this kind of cowboy culture. I'm curious what the culture of these workers are like, and maybe in Scotland and what you've seen around the world. If these people aren't usually they're more working class or what's the relationship with them and the engineers and yeah, tell me about that.Andrew: It's it's a very, it's a very masculine environment. That's not to say that there aren't women offshore in the industry. There, there absolutely are. And there, there are more and more these days especially in certain countries, like in Scandinavia, for instance But it's a very, especially when you get down to the deck crew, it's a very, the recruits are very masculine, very like macho environment.It's quite a tough environment. It's a very hard working environment. The it's not that people I wouldn't say a matter of fact to say the opposite in terms of people having a cavalier attitude to safety. There have been a number of incidents over the years in the industry and each incident spurred along quite a lot of improvements in health and safety.So I'd say probably in terms of. Industry, it's probably one of the safest industries, well, it's probably one of the industries with the best safety attitude. I'm sure maybe nuclear is probably up there as well, but people are aware offshore of the risks. There's a huge QHSE industry.There's a, most companies have some form of a HSE system, which allows anyone from someone who works for the camp boss, like someone who changes the sheets, the cleaners, the cooks to like the driller can stop operations if they think that something is dangerous and there can't be any comeback, and stopping operations offshore is a big deal.Because the average. Rigorate is, it fluctuates, but the average is, I don't know, a few hundred thousand, I don't know what it is at the moment, but let's say up to maybe a half a million more for the biggest rates, biggest rigs per day. That's what, 20, 000 an hour. So if you see something that's dangerous and you stop it for a couple of hours that's a lot of money.So it takes a lot of nerve to do that, but the industry has been pretty good. They have these systems called stop cards. Like I say, Different companies have different names for it, but it gives the ability to It gives you authority for someone not to be forced into doing something that they think is dangerous.So overall, I actually think the health and safety culture is quite good. But if you look at Deepwater Horizon, that was a classic example of even at the corporate level, people being frightened to say no and frightened to halt operations. So that does still persist due to the sheer amount of money involved.Leafbox: And then tell me about in your email, you had a quote line about, these workers spending their money, maybe not as wisely. I'm curious to describe and understand the cowboy. I have this image, my father worked for Exxon for a long time. And his biggest problem was piracy. They had so much issues with piracy, but this was in the Caribbean. So it's just constantly people stealing oil from them. So maybe yeah, tell me how it is now after I guess 2000s, how it's changed. You're describing this very safe sounding MBA driven culture, but I have trouble.Yeah. Tell me what it's like around the world. Andrew: So that's the sort of the day to day attitude offshore, which is pushed very heavily by the oil companies. It's a lot of recording. They record lost time statistics which also not to get sidetracked, but that has a slightly negative effect as well in terms of if a rig has, say.That they'll, quite often rigs will have a big display when you arrive and it says this amount of days from the last accident and if they go like a year without any LTIs, everyone on the rig could get like an iPad or some sort of bonus or something and it's a big deal not to have incidents that cause a loss of time and that, by that if someone has to go to hospital, someone has to leave the rig, but that also does encourage it can encourage hiding of things, someone maybe, they've smashed their finger, but can they just maybe report it, but maybe just go on like light duties or something rather than go to the hospital before, before their shift change sort of thing which does happen and it's not healthy.But anyway, to get back to your point I think it comes from, as I say it's, a way for someone who would have no other avenue to earn the amount of money that they would get offshore by taking on the additional risk and being away from home. So say an electrician, your average construction electrician wages are probably pretty good these days, but if you take someone working in, some rural place in, in the States who is like a car mechanic or something, and then they go offshore And they're multiplying their salary, but they're multiplying their salary, perhaps coming from an environment where no one's ever had that type of money.They're coming home with maybe try to think of some people I've known, hundreds of thousands of dollars a year when their salary may have been I don't know, sub six figures, but they don't come from an environment where that sort of money is common. So you then have a situation whereby they are the one person in their family or town or their local bar.who has loads of money, who's been away from home for four weeks, but he doesn't have the most stable relationship precisely because they're not at home, but yet they've got loads of money and loads of time. You can see how that can encourage perhaps resentment. Or just a feeling of alienation from that community.That sort of person, say they have a lot more money than their friends, maybe they want to buy them drinks, but then do they want to have to do that all the time? I've known people that have been divorced multiple times, that have bought boats and all sorts of things that they never use and they end up with, paying for There are families that they never see, the families that get remarried, the kids that they never see.I've worked with directional drillers that I've got a wife in one country, an ex wife in another country, kids that don't like them, and they just pay for all these families. They get onshore and then they spend the next couple of weeks with some, teenage prostitute blowing all the money on that drink for the rest of the month and then they're back offshore.the shakes and then they decompress over the month and then the cycle repeats itself. So in the one sense, it's a fantastic opportunity for social mobility, but it also can leave a lot of chaos behind it. And I'm certainly not at all. And having come from a work class background myself, I'm not certainly saying that.It shouldn't be there. I think it's a positive thing and it's up to these people what they want to do with their money. I'm just saying it's an interest in social observance that it's, you don't get that many working class people that can leave school and have a manual trade and can go and be a lawyer or a doctor or a CEO but you are all of a sudden getting these people in situations who are making the same amount of money, but without the family structure.Or the societal structure that can prepare them for that.Leafbox: Jumping to the next topic, I'm curious, you first mentioned Dick Cheney, what was your relationship, you're in Scotland, and how does that fiddle in with the Middle East? oil wars and just the general kind of, I feel like when my father worked in oil, there wasn't that much of a hostility in the general environment.It was just people drove cars and you worked in the oil industry and it wasn't that. So in post 2000, I would say things change both from the climate perspective and then from the kind of American imperialist association with oil. Andrew: It's changed massively in terms of hostility. Just, it's just like night and day. So when I graduated, I remember being at school in the early nineties and there was, I don't think it was climate, no, no global warming. It was called then. So there was discussion of it.But the greenhouse the ozone layer was the big deal. And there was environmentalism, Greenpeace was quite big at that time. But. The, there was no stigma like whatsoever into going into the oil industry. And you could see that in terms of the courses at the time they were called there was like drilling engineering courses, offshore engineering courses petroleum engineering.You go back to the same universities now and it's like energy transition. I think you'll struggle to find that many courses that have got the words petroleum or drilling in it. And also it was very easy to get a job in those days in the industry. The, yeah the Gulf War, so the second Gulf War at the time working for Halliburton, I was very conscious of, it was very interesting to me how the company was structured.So you had Halliburton Energy Services and you had KBR, Kellogg, Brennan, Root, and they were the company that won the uncontested contract to rebuild in Iraq. But the way the company was structured. Was that they were that they were split up basically. So if one of them had gone down the toilet for any of these issues, they were separated.I was very happy to join Haliburton. It was a big career wise. I thought it was very good. I look back now, it's funny how I look back, like inside, I look back on that whole Iraq war with absolute horror now, but I had grown up with Free internet with, what at the time were considered authoritative news sources with the BBC and British newspapers.It might sound naive, but you believe that people are doing the right thing. And I just thought at the time that, that, we were going into Iraq because it was a very bad person there. And I look back now, with I look at Dick Cheney and Donald Rumsfeld and all the things that have happened with absolute horror.But at the time it just seemed quite straightforward. My, my view on the oil industry hasn't changed in terms of, I, I believe in an energy mix. I think there's a lot of irresponsibility talked about these days in terms of the energy transition. I do think there should be an energy mix.I don't think it should be any one source of energy. But I feel like we're in the same position that we're in before except instead of it being everyone's desperate to make money out of oil. I think everyone's desperate to make money out of renewables these days. Leafbox: Well, before we jump to that point, I want to I think that's a big topic we'll go to, but tell me about your jump to Nigeria.You're still naive then, or eager help, Nigerian oil industry or what you get assigned to Nigeria. What's that like? Andrew: Well, so I so that four years of us, so the three years I worked for that company originally was on it was on an ad hoc basis. So basically I would be at home. I'd get a phone call.And I could, I had to live within 45 minutes of the airport but I usually got at least a day. Sometimes it wasn't, it will, it was literally a day. Sometimes it was like a week, but I would get a call and then I could go anywhere in a region was Europe, Africa, Caspian. So I could go anywhere.Most of it was in West Africa. So I would go and work offshore in the Congo. Not the DRC, but the Republic of Congo Gabon, Nigeria, but all over Europe and occasionally like the Far East. So I had a lot of experience of Africa at that point. My very first, one thing I did want to, I was thinking the other day, one thing I did want to mention was when I first went, in terms of naivety, when I first time I ever went to Africa was in the Congo.And I'd grown up in the eighties where we had Live Aid was basically anyone's kind of opinion of Africa. And I remember at school we used to be forced to sing Do They Know It's Christmas, like every Christmas. So that was everyone's opinion of Africa was like just basically starving children. And I arrived in the Congo.They've got quite a decent airport now in Point Noir, but when I arrived it was literally a concrete shed with arrivals on one side and departures on the other and just like sand on the ground. And I can't remember coming out of that totally by myself just with my Nokia phone with the local contacts phone number and all these little kids appeared like Tugging it, tugging at my trousers asking for money and I was absolutely horrified I'd never seen like poverty like that and I felt horrible that I couldn't help them.But it's funny how You not that I don't care about children, but you harden yourself to what the reality of life is like in places like that. And I did that for three years. I was in Angola rotating for a year. In Cabinda, which is a chevron camp. And then I I got the job in Nigeria.And actually my father passed away just before I got that job. So I was a bit rudderless at that point. I really enjoyed it got to me in the end, I was there for three years and I started to get very frustrated when I was at home, that's when I thought I need to make a change.But there's a sort of happy level of chaos, I found. It's. in Nigeria, where things are, they don't work in the sense that they would do in, in, in what you'd call, developed countries. You can't rely on things to work. You can't really rely on people in a certain sense, but there's a sort of happy, it's difficult to explain.Like it's just, It's a very chaotic place, a very noisy, chaotic place. But once you accept that it's quite a good laugh actually. I have some quite happy memories from working there. Leafbox: So Andrew, when you enter in these places you first described your kind of exposure to Congo, but how do you conceptualize the interaction between the Western oil companies and I guess the local developing country?Do you think about that? Or are all the workers local? Or is everyone imported from all over the world? And Andrew: There's a big move towards localization in pretty much any location I've been which is, which has changed over the years. So when I first started working say in Africa, as an example.Pretty much all of the deck crew, all of the roughnecks were all Africans or locals from whichever ever country you're in. But once you got to the upper levels, like the Western oil companies, you would have, so you'd have like drill engineers, which weren't. You might describe them as like project managers of the drilling operations.So there you would have kind of a mix of locals and expats, but you pretty much always find once you went above that to like drilling managers. You'd find all what they call company men, which are the company's representative offshore, pretty much always expats. That has changed over the years, which I think is a very positive thing.A lot of countries, Azerbaijan's like this, a lot of countries in Africa, Nigeria is like this. They put within the contracts, like a local content. So for a company to win the license and which is then cascaded down to the subcontractors, you have to have a percentage of local employees and you have to have a system for replacing your senior people, training up locals and replacing them over time, which I think is very positive because after all, it's there.Oil is their resources. There are in certain locations with certain companies, a pretty bad history. Shell Nigeria, for example. You can your listeners can look all this up, but there have been, various controversies over the years on the whole, I think on the whole, I think.that it's a positive for these countries because I look at it in terms of a capitalist sort of capitalist approach that, you know and it's almost like the thing that I was saying where you have like someone who comes from a family or a class where they are not exposed to money and all of a sudden they have a huge amount of money where you could say the same thing with some tiny country where by a that they've had a level of civilization and a level of like income over the years and all of a sudden someone discovers oil and there's no way you can reasonably expect a society to just, you can't take somewhere that goes from like tribal pre industrial revolution conditions and make it New York City overnight.It's just, it's not going to happen. And just expanding that slightly, I was in Papua New Guinea in the eastern part And up in the highlands on a well site a while ago. And that was fascinating because Papua New Guinea is still, it's a country, but it's still very tribal. So once you leave Port Moresby you're really, it's not like you're going to call the police if someone tries to assault you or call an ambulance or something.It's very much like I say, pre industrial revolution, tribal. societies, but they're sitting on billions of dollars of gas. So you get these little pockets of on the shore drilling rigs. And they're just pumping millions and billions of dollars worth of gas out from under your feet, but they pay the locals.And the site that I was on right at the top of the hill overlooking it was a big mansion owned by the who, as soon as he started drilling, he would get 10 million. And then, as I was informed, would probably disappear down to Australia and, enrich the local casinos and stuff. But, who is to say that is, would it be great if he built a hospital and built a school and improved the lives of everyone around him?Oh, of course it would. But who's to say morally that we Chevron should be, I understand the point that maybe Chevron should be building these things, but who is to say that the condition should be attached to what that chief spends his money on. I guess what I'm trying to say is that I I think I place a lot of responsibility on hydrocarbons are located.I do think there have been a lot of very negative practices by By all companies over the years, and they absolutely have a duty to maintain the environment. But I think it's a bit hypocritical. I see a lot of rich Western countries, especially now saying to a lot of poorer, undeveloped countries that they shouldn't be drilling or they shouldn't be, should be using the money differently.And I think, well, it's their resource. I look at it more from a capitalist point of view, rather than, like I said in my email, I'm quite anti interventionist in that sense. So historically I'm going to, this continues now, but there have been issues with literally, so they put these big pipelines through people's villages and the way that a lot of these things are organized is like I said, about Papua New Guinea they'll contact, the tribal chief and we'll pay a rent or some sort of fee to, to put these big pipelines through, through these small places.But there are some times when, I haven't, I, the right tribal chief or they've not paid enough or there's some sort of dispute and you will get villagers literally drilling into these oil pipelines with drills and buckets to steal the oil. And of course someone's doing it and they're smoking or there's some sort of ignition source and the whole thing erupts and, the village is burnt and it's a horrible, tragedy but it's just it's a funny, again, it goes back to the theory of what I was saying, the juxtaposition of that very valuable resource with a very, with a civilization, with a community, probably better way of putting it, who has never had access to that amount of money.So you're literally pumping these, this thing through their village that is worth more money than they'll ever see in their lifetime. And obviously the temptation to try to take some of that. is there, almost like understandably, but then again it quite often results in a lot of death and destruction.So that's yeah, it's just it's part of the whole industry in a lot of ways. And other industries, when you look at things like lithium mining and diamonds and stuff, you have a very high value resource That has been, by pure chance, located in a very poor part of the world and it results in these tragedies sometimes.Leafbox: I was going to ask you about the processing of oil. So when export the raw crude. Mostly the oils and process somewhere else. You were, you're taking the oil from Nigeria. Like Venezuela, they have to ship it all to Houston or whatnot to get turned into different solvents and gasoline. And, Andrew: This is probably when I'll need some fact checking, but my recollection of the time in Nigeria was that they weren't processing the oil on shore.I stand corrected if that's wrong, but my understanding was that they weren't, or at least there wasn't very many refineries, so it was basically all, like you said, extracted and then sent abroad. To be refined. That's certainly the situation in in Papua New Guinea. A lot of it is turned an LPG there and then shipped abroad.I guess I would guess, I would assume that would be the situation in a lot of West African countries for a lot of reasons, you have an established. Supply chain, you have established skill set in other places, then it comes down to cost and then you have the security of, you can imagine the enormous amount of investment you would need in a refinery.And would you rather do that in a place that's had a history of civil war, or would you take the cost to ship it abroad and do it somewhere else, Leafbox: no, it's understandable. I think that's important for listeners to understand that. The refinery in Louisiana or whatnot, or, it's so massive, it's billions of dollars and it's such a dangerous place to work also. Right. Those are just like literally atomic bomb sized potential energy. Andrew: The one thing that, there's always been, say in Scotland, there's been a little bit of resentment towards, Aberdeen and they're all like rich up there from other places in Scotland, but I think that there is, people are aware of Deepwater Horizon and Piper Alpha, et cetera, but I do think that there has been an underappreciation of the, just the Crazy risks that are involved when you're working offshore and handling hydrocarbons.Like I said, you take a helicopter to work with all the risks that I had in, in tails, and then you spend a month or so working on top of something that is effectively, a bomb if if things aren't handled properly. And you're, how far away are you from like emergency services?There are supply vessels and stuff, but. It's very much an environment where you have to just be very careful and very aware of dangers, which I think the industry now has got very good at. But yeah, the wages are high, but they're high for a reason. It's not it's not an easy, it's not an easy job in terms of that.And like I alluded to before, in terms of family stability, working away and coming back is not really conducive quite often to, to a healthy home life.Leafbox: Going back to Angola for a second I read an account of the Chinese are very heavily in Luanda and Angola, and they had the terrible civil war.But one of the things that really stood out to me is that all the Chinese use Chinese labor. So their oil boats are all Chinese workers and they often use ex felons, which I thought was interesting. But there's, I guess they, all these ex felons in Angola, I don't know if you saw this, I wanted to confirm it, but there's a lot of half Chinese, half Angolan children now because all the Chinese roughnecks.They're all men. So there's a booming Angolan prostitution and it just was so wild. Angola think Luanda is the most expensive city in the world. But then the most violent too, so yeah, just what's your general impressionAndrew: I I've been in Luanda in total, probably just a couple of days.Most of my time was spent in a, so Chevron Texco have this place called Cabinda. Which is actually, technically speaking, if you look at the map, it's not actually connected to Angola, you've got Angola, then you've got a little gap, and then you've got Cabinda, which is the little gap is part of the DRC, I think but Cabinda is where all the onshore processing of the oil is.It's part of Angola and it's like a prisoner of war camp and you go up there and you can't leave pretty much until you've finished your work. But my impression of Lulanda wasn't great at all. I remember driving into it and there's these massive shanty towns on the edge of the city with just like literal rubbish tipped down the side of these hills.And then you get into the city and it's just a. massive continual traffic jam with Porsche Cayennes and Range Rovers and G Wagons. And it just felt in the way that I was describing Lagos and even Port Harcourt, which has a pretty bad reputation as a sort of, chaotic, but fun sort of chaos.I felt and this is just my personal impression, I felt Lwanda was chaos, but dangerous chaos. Not you wouldn't stay in a staff house there and you wouldn't go out for a drink anyway. You wouldn't even really go out for lunch much. You just stayed in. It looked to me like as if you'd taken a European city, which I guess it, that's how it was built.And then you just start maintaining it from like 1960s onwards, but then you'd add it in a civil war and I appreciate the civil war was like a proxy civil war and then just didn't repair any infrastructure and just peppered the whole place with like bullet holes.It wasn't, it was not particularly, it's not a place that I would recommend to be quite honest with you. In terms of the Middle East, the comparison with the Middle East I've not really worked that much in the Middle East, to be quite honest with you. I guess my closest is the Caspian, which is more Central Asia, but that was way more structured.Yes, there's massive amounts of corruption, massive amounts of poverty. But yeah, absolutely more structured and less chaotic in that sense. Leafbox: Andrew, what's the relationship in Nigeria, there's famous activists who, like the Shell, they polluted so heavily, but then I guess the military tribunals would erase or disappear people.Maybe this is before you worked there, but what, as, what was the relationship of the company men with the government? Was there open kind of corruption or? What was your general vibe of is the manager's job and kind of getting these contracts. Talk to me about that. Like Deanna, how did the, you know, Exxon versus Armco or whatever it is, whoever's ever getting these contracts, there's obviously backdoor dealings.Andrew: Yeah, in terms of, actual drilling licenses I was never near or even remotely near the people that will be making those sort of decisions. And I'm certainly not going to allege corruption at that level. And I don't have any evidence, but what I would say, and again, all of this is just my personal opinion.It's, I'm not disparaging any one particular place in general, but the level of corruption. that I would see was so endemic that I just came to feel it was cultural which again, it's not really don't want to make that sound like it's a slight, to me it was an understanding of I really feel, and just briefly going back to the whole Bob Geldof Live Aid thing, I really feel like in the West we've made a mistake over the years in trying to impose our way of looking at the world on other cultures.And what I would see in most West African countries was it was just an accepted way Of living, accepted way of dealing. So you would go to the airport. We used to have these boxes that would have electronic equipment in them. And we had to hand carry them cause they were quite fragile.And then you would go to the check in desk and they would be like okay, well we have to get some stairs to lift this into the plane. So that's an extra 50. I'm not sure you actually own this equipment. It's got another company written on it. You give me a hundred dollars.Sometimes it's not quite said, you'll just get so much hassle and you'd see other, you'd see some people there that would freak out in case thinking that they were gonna, arrested or something. They just open their wallet and hand over loads of money. The, but it's not it's not like some under the table nefarious plot it's just like the checking guy is getting paid next to nothing He sees someone who's obviously got all my money and he has How can I get that money off him and it's at every single level my I mean I suppose I would say I was wise to it, but even I would make naive mistakes.I remember on a leaving day when I left Nigeria I had this driver who I'd still consider a friend. I messaged him on Facebook sometimes, and he was a really nice young guy who would go out of his, literally out of his way to help me. And I made the silly mistake of handing in my bank card on my like, leaving due.I'd had a little bit to drink and I just thought, surely it'll be fine. And of course I get back to the UK, I check my statement and there's a couple of hundred dollars missing or a hundred pounds missing. At the time I was like, that must be a bank error, surely not. But I look back in it now and I just think, again, this isn't, this honestly isn't even a criticism, it's just the culture is to try and hustle.And if you, if it doesn't work, well, I tried. It's just, it's endemic in that sense. I don't doubt that there most likely have been over the years some very shady practices on the behalf of Western oil companies and Western governments. You only have to look at the history of, BP and the UK government and Americans in Iran and coups to get oil and all these sorts of things.But I'm just talking about like the corruption that I've seen, it seemed, Cultural in that sense. It's just everywhere. The one thing that I would say is that companies I've worked for within the contracts is very heavy anti corruption. So the FCPA, if I'm remembering that right, in the US. The anti corruption laws are very strong to the point where if a company official from a country, say like Scotland, is a manager and he signs off on a bribery expense, he can actually, if I'm right in recalling this, he can end up going to jail himself for that.So a hundred percent, I'm sure it's happening by at the same time legally, there are some very strict laws against it. Leafbox: When they just outsource to local sub providers, that's what I would imagine they do to get around that. Andrew: I think it's a case of well, just don't tell me sort of thing.Leafbox: Yeah. Andrew: I'm pretty sure that, that's why. Well, Leafbox: I think people don't understand if you haven't been to these countries, it's just it's just not Norway. It's not. Yeah. It's a very different. Yeah. Andrew: And. I, sorry to interrupt you, but I've done quite a bit of work in Norway and I have found that some countries and some cultures seem to have a difficulty accepting that the world isn't the way that they are.And I think that that, not to, not to boast or to my trumpet here, but I think that one thing that I've learned over the years is that some places they just are the way they are. And it's, of course you don't want to encourage. Corruption, you don't want to encourage mistreatment, but I don't believe it's your right.Like I'm like, I live in Japan now and some things, a lot of things about Japan I absolutely love, but there are also some things about Japan that just don't seem right to me. But it's not my place to come in and say, right, you're doing this wrong. You should be doing this the other way. It just isn't, it's not my country.And I felt the same way in Africa. There's loads of things about Nigeria that I was like, this is absolute madness. But it's their madness, it's not my madness, and I'm a guest in their country. Leafbox: What do you think the difference, in your email to me, you wrote about the colonial being British, how's that relationship been for you?You've, non interventionist now, but you wrote about, your forefathers or previous generations having quote, good intentions. Maybe tell me about that. Andrew: I think that I know that there's a lot in the UK as with America now that's quite, there's a lot of attempt to be revisionist within history and question history, which I'm a big fan of people questioning history.I just think once again, that we are tending to look at things from a very Western point of view without taking into account like global history. I know believe, through my experience of traveling, I now think, well, exactly like what I just said, I don't think it's our place to change countries to mold them in our ways, but I do have a more charitable view of a lot of our maybe not every one of them, certainly not every country's colonial adventures, but I do think that some of them were more motivated by, as I said, a Christian desire to end certain barbaric practices.If you look at, the I forget what the practice is called, but the practice of people burning their their wives on the husband's funeral pyre in India and the whole slavery, which, yes, Britain was a part of but it's quite clear that, the British Navy was very important, effective in, in, in ending the global slave trade.So I'm very proud of where I come from and I'm proud of my ancestors. I don't deny that They were put that they, there weren't some, as I said, some negative aspects and atrocities, but I just think that again, when it comes to, and I think about this more because I have kids now.So I think about how I want them to feel about the country going forward. This is part of, traveling. You see so many countries where people are so proud of their country. Nigerians were some of the most proud people I think I've ever met, and it's the same in Japan. And I worry the direction our country's going, both the UK and the US, when we were raising a generation of children who are being taught to be embarrassed by where they come from.Leafbox: Going back to oil for a second, Andrew, the colonial legacy is impossible to digest in a short interview, but do you have, what's the general like Pemex or the Venezuelan oil companies or the Russian oil companies? What's your general impression of nationalized oil companies versus the private?Andrew: Yeah. I so I guess my biggest experience is in Azerbaijan, there's a company called Soka which is the national oil company. And of course all these national oil companies, a lot of them have shares in international like private oil companies.So it's not always a clear divide of either one or the other, but I guess I, as someone who really. believes in capitalism. I think that in terms of efficiency and certainly in terms of safety, in terms of environmental compliance, I think that the private oil companies are much more answerable to activism, to just a sense of corporate responsibility than private oil companies.And if you're in somewhere like Russia, like you say, Venezuela and the national oil companies is polluting the water. Well, What are you going to do about compared to a private oil company who has, a much more, it has shareholders and I guess more of a global footprint. But I also come back to the point, as I was saying about localization that these resources are the country's resources and I think it's quite right that companies pay.I wouldn't say prohibitive amounts of tax, but I think it's quite right that companies pay a lot of money in tax when they extract the hydrocarbons, and they have local content. I guess the ideal for me is private, but with a level of public ownership. But not actually running the operations because I think as soon as you take away, as soon as you take away that meritocracy, you end up with health and safety risks, you end up with just waste, and when it comes to something like with the large amounts of money involved That just ends up taking money away from the actual people.I don't think it's, I don't think it's generally a great idea, but I think a sort of public, a bit like you see a lot here in Japan actually, a public private mix, if done properly, is probably the way to go for a lot of utilities. Leafbox: Great. So Andrew, maybe it's time to jump to the oil and energy diverse mix.Tell me about what brings you to Japan. First, you work on nuclear and now wind. Andrew: Yeah. For me, I can't claim any sort of high minded high minded drive to change from one industry to the other. It was purely, I had a mortgage and a new baby and I desperately needed a job. So that was how I made that jump.The one thing I have experienced over the years, it's certainly the place I've worked. It's very, Unless you're in a region that has like a national oil company, it's even then I guess depends who you are. It's very meritocratic, but it's quite cutthroat. So oil companies, service companies, as soon as oil price drops, it's very cyclical.People just get made redundant. People, I saw people at Halliburton had been there for literally 40, 50 years being made redundant just because the share price dropped a few points. I've been made redundant twice myself. And yeah, it's just horrible. And there's nothing you can do about it because it's an economic decision.It's nothing to do with your performance. And that happens to, it's probably very few people on the street that hasn't happened to It's the downside of the high salary really. So coming into wind it was really an opportunity to, as I say, we wanted to live abroad again for a little while.And opportunities to live in Japan don't come by very often. And it's interesting. It's interesting. It's very different. It's interesting from an engineering point of view. It's a lot of heavy lifts. And Japan, I think Japan has a good attitude towards offshore wind, because everything else, Japan has a long term vision.It has a vision of a percentage mix of nuclear fossil fuels, renewables, whereas I feel like I'm fairly against it in my home country, in the UK, because we don't have a long term plan. We've had four prime ministers in the last two years. One of them wanted to build eight nuclear power stations, the next one to start fracking.And then the one now wants to quadruple our offshore wind capacity in eight years, which is impossible. It's quite nonsensical. It's quite short term thinking. I'm not anti wind, I'm not pro oil, I'm not anti or pro any, anything. What I'm pro is a science based, long term, non subsidy, non corruption based market solution.Obviously you've got environmental aspect of climate change, et cetera, which needs to be taken into account. But I found, I find a lot of the attitude towards renewables and towards the energy mix quite histrionic and not really based on facts. Leafbox: Do you ever think about, geopolitics as an engineer in terms of, where these pressures are coming from.Europe particularly seems so against oil and hydrocarbons, but if you do any scientific research, you just, there's the capacity of hydrocarbons to produce energy is just unparalleled in terms of the input to output. And wind is just not a realistic option. Andrew: I think that, I think there's a general I would say it's a mistake, but I think it's done on purpose, but there's a general attitude that seems to be portrayed in the media that you can have one company or one industry is virtuous and everything they do is virtuous and there are no negative connotations or motivations behind what they're doing.And then the other is just all negative. So right now, it seems like oil is completely negative and then offshore wind is completely positive. You look at the motivations behind companies putting in offshore wind turbines or the service companies exactly the same as motivations behind all companies.Neither one is doing them. For anything other than to make money. And I think it's simplistic and a little bit silly to think that the boss of an oil company is some sort of J. R. Ewing, person that likes to run over puppies on the way home and the boss of an electricity company or a turbine installation company or whatever.is some sort of, sandal wearing saint that doesn't care about money. Everyone in pretty much, I would say any corporation, that statistic about men are CEOs, they're psychopaths. All they care about is money. And I think there are a lot of like there's a lot of talk about subsidies.You just touched on it, I think. And people talk about subsidies and oil when they're talking about subsidies and oil, what they're talking about is the The fact that when you drill an oil well, which can be anything between, I don't know, 30 and like upwards of 100 million, you basically get to claim that back off the tax.Now the tax in the UK is, it was about 75 percent on the oil that they extract and profit from the oil they extract. But if you have that say 100 million cost, how many companies can drill three or four wells at 100 That you're going to get anything out of that. Very few companies can afford to take that risk.I don't think it's a bit rich to call that a subsidy when you've got the whole CFD process for offshore wind, which effectively guarantees the strike price of electricity. So you imagine if you had that for oil, you would have, You would have countries buying oil off the oil companies when the price dropped, and they don't have that, they don't have that, that, that mechanism, but you simply wouldn't get offshore winds without a decent strike price, which you've seen recently in the auctions when no one bid on the licenses in the UK, and I think it was the US as well.Leafbox: So in essence you prefer just like a free market, totally. Not a totally free market, but in the sense that a clear transparent market. So if that really incentivized the right incentives, like you're saying in Japan, they have that mix of nuclear and hydrocarbon and wind and solar. And in Japan, I always feel like they're just burning trash.That's their real power generation. Andrew: It's funny that it's such a funny place in so many ways, but you've got this island, which has, a lot of geothermal resources. But in terms of mineral resources, it's not in a great position yet. It manages to be so incredibly self sufficient in terms of industry, in terms of fuel price.Like they, they said to me when I arrived here, Oh God, it's so expensive electricity. It's like about 60 to, to a month for the electricity in your house. And it's a four bed house with five air cons on 24 seven. I'm like, geez, you just see the price UK. You'd be like, 10 times almost. So they managed to make it work, but like everything else here, like I said, it's a long term, long thought process.And Obviously, I guess we haven't really talked about it, and I'm not, I don't feel qualified even to talk about it at all, to be honest with you, but in terms of climate change, I am very much meritocratic and capitalist in that sense that I think the market will identify the most efficient.way of providing energy, but I completely accept that there needs to be a level of environmental regulation because going back to what I said, CEOs, I think of any company would do anything if it made them money. And I've seen, I saw this in Azerbaijan. You go out, you're back, he's an absolutely beautiful city, but if you look back through its history of being part of the Soviet Union, the level of just pollution was unreal and it still suffers from a lot of that, especially out with the main city. So I 100 percent agree with environmental regulations. I think that, I think there's a lot of politics behind climate change. I'm quite skeptical of international NGO organizations, especially with the last few years that we've had.But I think that the yeah, I think that Japan's got it right. I think we need a mix and we need to not. Pretend like we are doing in the UK at the moment that for instance, the electricity price in the UK is doubled since 2019. And it hasn't here in Japan, and there, there tends to be a thought of, well, we just need to do all this because climate change is going to happen.It doesn't matter that, that people are suffering now, I don't think, I think people tend to. tend to maybe forget the, it's like the, the just stop oil extinction rebellion types. It's the world we have is impossible to have without oil. Sure. You can reduce it. It's going to run out eventually one day anyway.So reducing it is not a bad thing, but to pretend that you can just press stop and then you can put in a wind

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Marine Conservation Happy Hour
Rice's whale news - saving the Great Florida Whale!

Marine Conservation Happy Hour

Play Episode Listen Later Oct 2, 2024 9:37


Dr Scarlett Smash & Dr Craken MacCraic discuss the latest news on efforts to help conserve the Rice's whale - or how we like to call it: "the Great Florida whale"! Contact info@absolutelysmashingllc.com for more information about sponsoring MCHH episodes or having advertisements on the show Music credits By Jolly Shore Leave  "Al For Me Grog (Trad.)" HandsomeForrune-FE (Adapted Lyrics by Taran Christen : Musical Arrangement by K. Ryan Hart) Represented by Rebellious Entertainment Dr Scarlett Smash Instagram Dr Scarlett Smash TikTok  Dr Craken MacCraic Twitter Dr Craken MacCraic Instagram MCHH Instagram MCHH Facebook MCHH Twitter Dr Scarlett Smash Twitter  Dr Scarlett Smash YouTube

The Texan Podcast
Weekly Roundup - September 27, 2024

The Texan Podcast

Play Episode Listen Later Sep 27, 2024 68:57


Show off your Lone Star spirit with a free "Remember the Alamo" hat with an annual subscription to The Texan: https://thetexan.news/subscribe/ The Texan's Weekly Roundup brings you the latest news in Texas politics, breaking down the top stories of the week with our team of reporters who give you the facts so you can form your own opinion. Enjoy what you hear? Be sure to subscribe and leave a review! Got questions for the reporting team? Email editor@thetexan.news — they just might be answered on a future podcast.This week on The Texan's “Weekly Roundup,” the team discusses:Rep. David Cook Chosen as House Reform Group's Challenger to Speaker Dade PhelanKen Paxton Files Appeal Against Court Upholding State Fair of Texas Firearms BanVideo: Railroad Commissioner Christi Craddick on Texas' Oil Industry, Her Future in OfficeU.S. House Passes 'Kelly-Cruz Amendment' to CHIPS Act, Sent to Biden's DeskNational Democrats Increase Efforts in Texas for Allred, Supreme Court CandidatesCruz Knocks Allred for Supporting EPA Rule to Mandate Half of New Vehicles be Electric by 2032Texas DPS Sends Cease and Desist to Automatic License Plate Reader CompanyAbilene Christian University Approved for Research Nuclear Reactor ConstructionCarroll ISD Reduces Tax Rate for Sixth Consecutive YearTexas Education Agency Commissioner Endorses Banning Cell Phones in Schools

The Texan Podcast
Interview: Railroad Commissioner Christi Craddick on Texas' Oil Industry, Her Future in Office

The Texan Podcast

Play Episode Listen Later Sep 23, 2024 41:16


Railroad Commissioner Christi Craddick sat down with The Texan's Senior Reporter Brad Johnson to discuss how her office fights to regulate the oil and gas industry while keeping endangered species safe. “When you look at us we regulate oil and gas... we also do pipelines and pipeline safety in the state. We have about 480,000 miles of interstate and intrastate pine in the state, which is to the moon and back,” Craddick said when taking a look at a portion of the work she oversees. The railroad commissioner also has a responsibility to the environment. “The kicker is this one. We now have to get US fish and wildlife to sign off on all these sights too. And it isn't just endangered species, or potentials, or animals, but it could be grass, or plants, or other things,” she explained. Be sure to subscribe to The Texan for complete access to all of our content on state political news: https://thetexan.news/subscribe/

The Energizing America Podcast
A Conversation with Christian Lombardini

The Energizing America Podcast

Play Episode Listen Later Sep 13, 2024 53:27


This is a deep-dive conversation with your host, Shane Stolp, and Christian Lombardini. Christian is the host of The Oil Field Leader podcast and has extensive experience in the oil industry. Listen to hear some incredibly insightful stories and to learn more about the industry. Check out Christian's podcast here: https://www.theoilfieldleader.com/

The Best Storyteller In Texas Podcast
From Heartbreak to Humor: Navigating Life's Unpredictable Journey

The Best Storyteller In Texas Podcast

Play Episode Listen Later Sep 9, 2024 26:56


In this episode, Kent reflects on onthe lives of recently passed friends Jerry Hodge, Autry Stephens, and David Hart. He discusses their contributions and the lessons learned from their lives. The episode transitions into a detailed analysis of the upcoming elections, focusing on key Senate races in states like West Virginia, Ohio, Pennsylvania, and Texas. Kent also touches on societal issues, including crime and free speech, and wraps up with personal anecdotes and reflections, emphasizing the unpredictability of life and the importance of cautious actions.

Drop In CEO
RJ Burr: Leadership Strategies for the Oil Industry

Drop In CEO

Play Episode Listen Later Sep 9, 2024 44:09


In this episode RJ Burr, a third-generation American oil producer and Senior VP of Corporate Operations at Panex, shares his journey from being introduced to the oil field at a young age to leading a successful oil company. They discuss the dynamics of the oil industry, the impact of market fluctuations, and the importance of oil in global economics. RJ emphasizes the importance of having an abundance mindset, the strategic decisions behind oil production, and the value of building strong partnerships. He also touches on the generational aspect of his business and his vision for Panex's future growth.   Episode Highlights: 09:10 The Impact of the 2020 Oil Market Crash 13:09 The Future of Oil and Alternative Energies 23:38 The Stability of Oil Investments 28:16 The Vision for Company Growth 35:01 Connecting with Investors 40:54 The Three Factors of Business Success   RJ Burr, 49, is a third generation producer of American oil. Born into the industry, Mr. Burr was on his first location before he could walk and has been fascinated by the production of oil his entire life. Within 3 months of graduating high school, Mr. Burr funded his first partnership and never looked back. RJ is the CEO/President at Panex. With a main focus on the Gulf Coast, Mr. Burr's companies have raised and deployed over $300 million in upstream development and have partnered with some of the largest oil and gas companies, namely Shell, BP, and Marathon, to develop several million barrels in reserves.   How to connect with RJ: Website: panex.us/learn Linkedin: https://www.linkedin.com/in/rj-burr-06a609162   For more insights: Follow me on my YouTube Channel: https://bit.ly/47GgMdn  Sign up for my Weekly Newsletter:  https://bit.ly/3T09kVc Sign up for my LinkedIn Newsletter: https://bit.ly/49SmRV3See omnystudio.com/listener for privacy information.

InvestTalk
Green Fintech Revolution: The $540 Billion Market Reshaping Finance

InvestTalk

Play Episode Listen Later Sep 4, 2024 46:38


Green fintech is revolutionizing the financial industry, with the market expected to reach $540 billion by 2029, growing at a CAGR of 22.4%. This growth is driven by the increasing demand for sustainable finance solutions, the integration of blockchain technology, and supportive government regulations. Major financial institutions such as BlackRock, Goldman Sachs, and HSBC are actively investing in this rapidly expanding sector, highlighting its potential to reshape the future of finance. Today's Stocks & Topics: CVCO - Cavco Industries Inc., Market Wrap, HIMS - Hims & Hers Health Inc., Green Fintech Revolution: The $540 Billion Market Reshaping Finance, 529 Plan, CVX - Chevron Corp., Investment-Advisor Security, The Oil Industry, CELH - Celsius Holdings Inc.Our Sponsors:* Check out Fabric: fabric.com/INVESTTALK* Check out Moorings: moorings.com* Check out eBay Auto: www.ebay.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Double Take By Mellon
Drilling into Oil

Double Take By Mellon

Play Episode Listen Later Aug 28, 2024 37:33


As global oil consumption reaches new record highs, Double Take welcomes Arjun Murti, an expert on energy markets, to barrel into the paradoxical state of the oil industry amid global energy transitions.

The Energizing America Podcast

This week Shane talked to Cody York, one of our amazing Wescomers! They talked about the oil industry as a whole and what pumpers/ operators do in the field.

Achieving Success with Olivia Atkin
Ep 95 From Prisoner Of War To Activist: How To Achieve Mental Freedom with Jorge Toledo

Achieving Success with Olivia Atkin

Play Episode Listen Later Aug 20, 2024 48:43


Achieving Success with Olivia Atkin Episode 95 "From Prisoner Of War To Activist: How To Achieve Mental Freedom with Jorge Toledo"Olivia talks personal and professional achievements with Jorge Toledo. Jorge L. Toledo is a dynamic individual with a diverse background spanning professional speaking, oil and gas leadership, artistry, athleticism, and survival. Following nearly four decades in the oil and gas sector, where he demonstrated integrity and leadership, Jorge endured 1,775 days of illegal detention in Venezuela.Since his release, he has become an advocate for hostages and political prisoners, sharing his story to inspire and raise awareness about Hostage Diplomacy. Currently, Jorge is documenting his experiences in a forthcoming book titled "1,775 Days of Captivity – Survival and Growth".Join Olivia every Tuesday as she brings on top notch guests to talk about how they are Achieving Success! Career Development Book and More at Achieving-success.comStay Connected With Us:Linkedin: https://www.linkedin.com/company/achieving-success-llcInstagram: @_achievingsuccessTwitter: @_achievesuccessFacebook: @Achieving SuccessYou can find Jorge Toledo:Linkedin: Jorge ToledoWebsite: https://iconoclasticartistry.com/Email: at info@iconoclasticartistry.com

InvestTalk
July Jobs Report: Unemployment Rises to 4.3% Amid Slow. Job

InvestTalk

Play Episode Listen Later Aug 3, 2024 46:22


The July jobs report reveals a surprising jump in unemployment to 4.3%, with only 114,000 jobs added, signaling a potential labor market slowdown. This unexpected shift could impact Federal Reserve policy, interest rates, and the overall economic outlook. How might these developments affect your personal finances and investment strategies? Today's Stocks & Topics: WDFC - WD-40 Co, Market Wrap, AIO - Virtus Artificial Intelligence & Technology Opportunities Fund, July Jobs Report: Unemployment Rises to 4.3% Amid Slow Job Growth, ZBRA - Zebra Technologies Corp. Cl A, The Oil Industry, WWW - Wolverine World Wide Inc., FNDF - Schwab Fundamental International Equity ETF, Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline, Annuities, The Yen.Our Sponsors:* Check out eBay Auto: www.ebay.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Redefining Energy
143. Bill Gates and Energy (1/2) – the Thesis

Redefining Energy

Play Episode Listen Later Jul 29, 2024 19:34


Bill Gates is sucking a lot of oxygen in the Energy Transition. Is he a force for good, or a nuisance? What is his thesis and where does it come from? And is the thesis still valid in 2024 or obsolete?In this episode, we will not analyse Breakthrough Energy Ventures, his VC fund celebrating its 10th anniversary. That will be the topic of Episode 144, next week.Laurent, Gerard and Michael are going to analyse Bill Gates fascination for Vaclav Smil and David MacKay.  We will dissect how their theories have been consequential in the shaping of Bill Gates' vision.We will delve into Smil's errors, namely the Primary Energy Fallacy, the refusal to consider wind, solar and batteries as viable alternatives and the impact they have had on Bill Gates thinking, and - probably worse - investments.We will discuss how the Oil Industry has found an ally (probably unwilling, but certainly powerful) in their quest for immobility. Elon Musk might be controversial, but at least he has made the journey in practice, not in theory.A very heated discussion. And we are not going to make friends here. That's OK. Country above Party. Bill Gates on Smilhttps://www.gatesnotes.com/Numbers-Dont-Lie  

Business daily
Venezuela's damaging dependence on its oil industry

Business daily

Play Episode Listen Later Jul 29, 2024 3:35


As Venezuela's opposition contests the re-election of President Nicolas Maduro, we take a closer look at the South American country's economic challenges. Hyperinflation, which reached a peak in 2019, may have subsided but it has underlined issues with wealth inequality and dependence on the oil sector. In addition, Caracas is carrying a massive foreign debt load of around $150 billion.

The Financial Exchange Show
Why is the oil industry booming?

The Financial Exchange Show

Play Episode Listen Later Jul 16, 2024 35:54


Mike Armstrong and Paul Lane discuss drivers opting for a more intrusive option to ease car-insurance costs. 60% US tariffs would cripple China, but at what costs to the US? Why is the oil industry booming? Musk's Robotaxi plan shows he understands car but not people. Will the housing market tell the Fed how much to cut? The futue of children's television isn't television.

The Energizing America Podcast
Culture over Compliance

The Energizing America Podcast

Play Episode Listen Later Jul 5, 2024 35:39


This week Shane talks to Will Carr and Russ Thomas about safety. While safety talks can feel overbearing or out of touch, these three get real about safety in our industry. Give it a listen and let us know your favorite safety moment!

Simply Put
Bryan Chapman on the US Oil Industry's Transformation to Global Leader

Simply Put

Play Episode Listen Later Jun 28, 2024 36:54


Oil prices have remained relatively steady during the last couple of years despite robust global demand and ongoing geopolitical risks from multiple foreign wars. The ability of domestic producers to increase production has played a large part in keeping prices in check, a notable contrast to only 20 years ago when the US was significantly more dependent on buying energy commodities from abroad. In this episode, we talk with Bryan Chapman, Market President for Energy Finance with First Horizon, about the multi-decade transformation of the US oil industry, the most important forces driving the industry today, and how oil companies are planning for the future.

Bill Handel on Demand
BHS - 7A – Remembering D-Day 80-Years Later | Oil Industry vs Climate Change

Bill Handel on Demand

Play Episode Listen Later Jun 6, 2024 24:26 Transcription Available


What is D-Day? Remembering WWII invasion on 80th anniversary. Oil industry asks Supreme Court to block climate change suits

Bill Handel on Demand
BHS – 8A – Picking Your Neighbors Fruit | ‘Medical News' with Dr. Jim Keany

Bill Handel on Demand

Play Episode Listen Later Jun 5, 2024 24:08 Transcription Available


When is it okay to pick your neighbors fruit? Dr. Jim Keany, Co-Director of the Emergency Room at Mission Hospital in Mission Viejo, joins The Bill Handel Show for 'Medical News'! Dr. Keany talks with Bill about body composition scans getting a better measure of your health, why drinking on a plane might be bad for your health, and a new skin cancer vaccine along with side effects and risks.

InvestTalk
InvestTalk 5-14-2024 – What You Might Want to Know About Grants for First-Time Homebuyers

InvestTalk

Play Episode Listen Later May 15, 2024 46:57


Many banks have grants to help borrowers make a down payment-- especially first-time and lower-income buyers. Today's Stocks & Topics: VRT - Vertiv Holdings LLC, Market Wrap, SHOP - Shopify Inc. Cl A, What You Might Want to Know About Grants for First-Time Homebuyers, SONY - Sony Group Corp. ADR, Copper, Covered Call, UFPI - UFP Industries Inc., Tether, The Oil Industry, CDW - CDW Corp., EPAM - EPAM Systems Inc., Buybacks.Our Sponsors:* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/* Check out eBay Auto: www.ebay.com* Learn more at hackerone.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

The Wright Report
04/19/2024: Friday Headline Brief: Breaking News Out of the Middle East

The Wright Report

Play Episode Listen Later Apr 19, 2024 34:14


Donate (no account necessary) | Subscribe (account required) In the April 19th episode, Bryan Dean Wright delivers a packed news day starting with breaking reports of explosions in Syria, Iraq, and Iran, signaling a potential escalation in Israeli military responses. Domestically, the spotlight is on the Donald Trump trial in New York, with jury selection complexities hinting at broader issues of media bias and judicial fairness. Wright also discusses the unsettling findings of a survey by the Heartland Institute, revealing a worrying inclination towards electoral dishonesty among Americans. On the international economic front, the Biden administration's manipulations with Venezuelan oil sanctions are examined, revealing a strategic but problematic approach to handling the impending mass migration crisis and domestic fuel prices. Additionally, Wright tackles Biden's controversial decision to enforce and then retract stringent tariffs on foreign metals and the potential economic repercussions. Local issues are not forgotten, with a focus on the challenges faced by New York, Denver, and Chicago as they grapple with the costs of supporting an increasing number of illegal immigrants. The episode closes with global security insights, particularly the US's tactical pressures on Mexico to curb Chinese economic inroads and the ongoing saga of TikTok's forced divestiture amid national security concerns.

The Chris Miles Money Show
How Ricardo Rosales Retired from His Oil Industry Career

The Chris Miles Money Show

Play Episode Listen Later Apr 19, 2024 27:00


From working in the oil industry to real estate investor, Ricardo Rosales has done it all! Wholesaling, flipping, landlording, and coaching others in the real estate business, he is a wealth of knowledge for anyone trying to break into real estate. Listen and learn from a real estate legend! Want to start your passive real estate journey? See your potential here:https://bit.ly/3xHGUbC

The Wright Report
04/18/2024: Geopolitical Maneuvers: Navigating Sanctions, Aid, and Tariffs in a Turbulent World

The Wright Report

Play Episode Listen Later Apr 18, 2024 31:29


Donate (no account necessary) | Subscribe (account required) In this episode of "The Wright Report," Bryan Dean Wright dives into a series of crucial geopolitical and domestic issues impacting the United States and the global stage. The episode opens with a discussion on the U.S. Senate's decision to keep Homeland Security Secretary Alejandro Mayorkas in office despite controversies over his handling of immigration policies, forecasting an impending crisis with potential mass migrations from Venezuela. Wright then shifts to the Biden administration's nuanced approach to reimposing sanctions on Venezuela's oil industry, highlighting strategic exemptions intended to mitigate economic repercussions domestically and manage the migration crisis effectively. Furthermore, Wright discusses the contentious move by House Speaker Mike Johnson to advance a significant aid package for Ukraine, stirring debate over national priorities and fiscal responsibility. The episode also covers the Biden administration's initiation of a tariff war against China and Russia, with potential impacts on American consumers and the broader economic landscape due to increased costs of essential materials like steel and aluminum. Throughout the episode, Wright blends detailed reporting with sharp analysis, examining the intersection of U.S. domestic policy with global geopolitical dynamics, and questioning the effectiveness and ethical implications of these high-stakes decisions.

The Hartmann Report
Why is America Letting the Oil Industry Destroy the Planet?

The Hartmann Report

Play Episode Listen Later Mar 22, 2024 9:38


The men who made the intentional decision to murder my father are long dead; the men and women who today are plotting to render much of our beautiful planet uninhabitable are very much with us…See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Daily Zeitgeist
Courts = Oil Industry Savior, Disease X = NOT REAL 01.26.24

The Daily Zeitgeist

Play Episode Listen Later Jan 26, 2024 62:49 Transcription Available


In episode 1614, Jack and Miles are joined by host of The Bitchuation Room, Francesca Fiorentini, to discuss... Exxon Shows Us Why The Courts Are The BFFs Of Corporations…, Israel Quietly Admits That Gaza Health Ministry Numbers Are Accurate, Another tale of DESERT THIRST from Nancy Mace, Bullsh*t News of the Week: Tom Hanks Doesn't Own Any Trump-Themed Shirts (And His Head Doesn't Look That Weird, Either), “Disease X” Isn't A Thing and more! Exxon Shows Us Why The Courts Are The BFFs Of Corporations… Israel Quietly Admits That Gaza Health Ministry Numbers Are Accurate Israeli Intelligence Has Deemed Hamas-Run Health Ministry's Death Toll Figures Generally Accurate Gaza Health Ministry says Palestinian death toll from Israel-Hamas war has passed 25,000 Another tale of DESERT THIRST from Nancy Mace After two Trump wins, congressional Republicans again fall in line Tom Hanks Doesn't Own Any Trump-Themed Shirts (And His Head Doesn't Look That Weird, Either) Image of Taylor Swift wearing anti-Trump T-shirt is altered | Fact check “Disease X” Isn't A Thing World health leaders warn of pandemic 20 times worse than COVID Disease X Will Be 20 Times Deadlier Than COVID-19: WHO Warns Countries Of Potential Pandemic 20 times more menacing: 'Disease X' unleashes pandemic fears LISTEN: We've Got To Work It Out by AKASee omnystudio.com/listener for privacy information.