#44. Oil to $40? Spare Capacity, Demand & LNG Volatility

#46. Maritime Decarbonization, Flexible Fuels & Port Hubs

Can shipping decarbonize without a clear fuel winner? Live from the Baker Hughes Annual Meeting in Florence, Energy Espresso host Jim Wicklund sits down with Raimondo Giavi, VP, Hydrogen at Baker Hughes; Carlo Luzzatto, CEO of RINA; and Claire Wright, Senior Vice President of Hanwha Ocean Europe, to unpack the future of maritime decarbonization. They discuss regulatory uncertainty between the EU and IMO, the rise of green shipping corridors and port hubs, and why flexibility, through dual-fuel systems, efficiency gains, and adaptable turbine technology, may be the industry’s most realistic path forward. 00:00 Welcome From Florence 00:30 Meet The Guests 01:31 Maritime Rules And ETS 06:59 Net Zero And Flexibility 09:56 Ship Design And Efficiency 12:55 Energy Density Reality Check 15:12 Baker Hughes Gas Turbines 20:29 Certification And Proven Tech 22:41 Ports Bunkering And Corridors 28:00 Top Global Port Hubs 29:53 Pathways To Zero Fuels 30:16 Ammonia and Offsets 31:13 Fuel Competition Crunch 32:43 Piggybacking Infrastructure 33:30 Efficiency as Hero 34:39 Hydrogen Blending Reality 36:27 Green Hydrogen Economics 38:28 Materials and Repurposing 39:20 Value Chain Collaboration 40:51 Innovation Hubs and TRL 44:36 Building Trust and Culture 52:00 Data Sharing Barriers 55:37 AI for Operations

#45. EEP Things I Learned This Week

Things I learned this week.

#44. Oil to $40? Spare Capacity, Demand & LNG Volatility

What Moves Oil: $40 or $60? On the Energy Espresso Podcast, host Jim Wicklund sits down with Jan Stuart, Global Energy Economist at Piper Sandler, to break down what could actually move oil prices. After talk of $40 oil, Stuart pushes back, arguing it would take a recession-level shock and missteps from OPEC+. Instead, he sees ~$60 with upside, pointing to tight spare capacity, steady demand, and low inventories, while also unpacking LNG volatility and a potential near-term glut. 00:00 Welcome and Guest Intro 00:45 Elevator Oil Trader Story 01:37 Can Oil Hit 40 02:04 Iran Risk and Spare Capacity 02:55 Global Demand Growth Outlook 04:05 Surplus Debate and NGLs 04:20 OPEC Plus Adds Barrels Back 05:44 Thin Spare Capacity Reality 07:26 Just In Case Stockpiling 08:30 Putting a Price Forecast 10:25 Why Not 100 Dollar Oil 11:19 Tier Two Tech Upside 11:57 Oil Price Reality Check 12:50 Global Supply Shifts 13:15 Europe Net Zero Backlash 14:37 LNG Export Boom Risks 15:10 Early Signs Of Glut 17:42 China Power Mix Reality 19:11 Cheap Power Wins 20:07 Clearing LNG With Price 22:31 Tech Squeezes Margins 23:45 Wrap Up And Thanks

#43. Loren Singletary on AI Power Demand, Iran Risk & Deepwater

Can the energy system keep up with AI power demand, and rising geopolitical risk? Live from Daniel Energy Partners’ Thrive Event at Houston’s Daikin Field, Energy Espresso host Jim Wicklund sits down with Loren Singletary, Vice President-Global Accounts and Investor Relations at National Oilwell Varco, to break down oil price uncertainty tied to Middle East tensions and the Strait of Hormuz, the coming surge in U.S. gas demand, and the infrastructure challenges standing in the way. They also explore deepwater’s comeback, LNG market shifts, and why pipeline bottlenecks, especially out of the Marcellus, could shape the next phase of U.S. energy growth 00:00 Welcome and Banter 00:56 Geopolitics Driving Oil 01:23 Strait of Hormuz Risks 03:20 Politics and Price Targets 04:15 Oil Price History 05:12 Forecasting and Boone 07:09 Gas Demand Surge 09:30 Pipelines and Permitting 12:27 All of the Above Energy 13:30 SMRs and AI Timing 14:34 NOV Leadership Shift 15:05 Deepwater Returns 16:13 Rigs and Day Rates 17:16 Where to Drill Next 19:21 Geoscience Breakthroughs 20:46 Evolution of Drilling Tech 21:37 Consolidation And Completion Science 22:28 Automated Rigs And Bigger Hookloads 23:51 Automation Versus Robotics 24:38 Safety Driven By Operators 25:29 Rig Supply Dayrates And Discipline 28:02 Bananas And Water Disposal Earthquakes 31:06 Treating Produced Water Economics 32:55 Power Crunch Data Centers And Coal 34:14 Ohio Mega Gas Plant And Scale 36:04 2026 Risks Gas Prices And Saudi Capacity 41:43 Wrap Up And Thanks

#42. A New Chapter: Jim Wicklund Takes the Mic with Energy Espresso

A new chapter begins for The Energy Espresso Podcast ☕ In this special transition episode, Dave Bosco announces his departure and passes the mic to industry veteran Jim Wicklund. Together, they reflect on the evolution of oil and gas, the role of natural gas, and what lies ahead for the industry. Plus, Jim shares his vision for the podcast and previews his first episode. 00:00 Introduction and Guest Welcome 01:02 Jim Wicklund's Career Journey 05:01 Industry Insights and Technological Advancements 11:03 The Future of Energy and Natural Gas 18:01 Reflections on the Energy Espresso Podcast 23:08 Vision for the Future of the Podcast 24:17 Industry Insights and Education Goals 25:25 Media Misunderstandings and Industry Realities 25:47 Venezuela's Oil Industry Challenges 28:22 The Importance of Hydrocarbons 37:04 Personal Reflections and Future Plans 40:39 Closing Thoughts and Farewell