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

No Video

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