Energy Espresso

PetroNoia host Dan Romito sits down with Osama Rizvi, global product and market strategist at Primary Vision, to unpack what Pakistan’s rapid solar adoption can teach us about the future of energy.

From cheaper solar technology and changing energy economics to grid challenges, EVs, and battery storage, they explore what these shifts mean for businesses, consumers, and energy leaders navigating an increasingly complex market.

The energy transition isn’t one-size-fits-all. So what can other markets learn from Pakistan?

Tune in to the full conversation.

00:00 Podcast Intro
00:39 Meet Osama Rizvi
01:14 Osama Background
03:05 Why Global South Matters
06:07 Pakistan Solar Boom
08:26 Multilevel Framework
12:23 Lessons From Solar Shift
13:35 Complex Systems Explained
15:47 Energy Transitions Portfolio
18:03 Equity And Emissions
22:08 Scalability Reality Check
24:40 Energy Additions Not Swaps
26:35 Coal Reality Check
28:41 Global South Priorities
29:45 Pakistan Solar and EV Economics
31:58 Green Lockdowns and Smog Fixes
33:43 UK vs Pakistan Regulation
37:04 Net Zero Timelines Debate
40:53 Water and Minerals First
43:56 Battery Storage Outlook
46:04 Three Takeaways and Wrap

The biggest risks in energy may still lie ahead.

In this episode of Energy Espresso, Jim Wicklund sits down with Marshall Adkins, Managing Director and Head of Energy Investment Banking at Raymond James, to discuss how the Iran conflict, Strait of Hormuz concerns, and shifting global demand have driven oil prices back toward $75.

Is the market underestimating what comes next? They explore why crude prices remained relatively resilient despite supply disruptions, China’s role in balancing the market, and what’s next for oil, inflation, and U.S. production. The conversation also highlights the long-term growth outlook for natural gas, fueled by LNG exports, data centers, and expanding energy infrastructure.

00:00 Welcome And Setup
00:52 Ceasefire Ends Oil Jumps
03:17 Supply Losses And Skepticism
05:44 Unprecedented Disruptions
06:52 China Demand Management
09:46 Refinery Outages Crack Spreads
11:10 Why Oil Stayed Low
12:42 Inventory Math Breakdown
16:52 Tank Bottoms Explained
20:12 Politics And SPR Refill
21:04 Glut From Trapped Barrels
23:41 Hormuz Control And Iran
25:51 Iran Regime And Public Optics
27:01 IRGC Survival Logic
27:54 Hormuz Rerouting Timeline
29:09 Product Shortages Inflation
30:35 Trump Middle East Leverage
32:06 Drill Baby Drill Limits
34:55 Oil Market Glut Dynamics
37:21 Gas Demand Surge Ahead
44:13 Pipelines Unlock Supply
47:42 Energy Powers Growth
51:57 Final Takeaways Volatility

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

Things I learned this week.

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