Brew Markets Drilling Down on Global Energy & AI’s Nuclear Ambition vs Risk
Jan 16, 2026
Alix Steele, an energy communication expert and former Bloomberg reporter, dives into the intricate world of global energy. She unpacks OPEC, U.S. shale evolution, and the significance of Venezuelan crude. The conversation shifts to majors’ renewable strategies and concerns over offshore wind project risks. Alix explores the nuclear energy revival linked to AI demands while addressing regulatory challenges. Discover how risk allocation among investors, banks, and private equity is crucial for advancing large-scale energy projects.
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Bootstrapping Energy Expertise On The Road
- Ann Berry recounts how she learned the oilfield-services sector by reading, calling analysts, and traveling to major hubs.
- She wished for an engaging expert like Alix Steele to make the sector exciting earlier in her career.
OPEC+ Influence Versus U.S. Shale Rise
- Alix Steele explains OPEC+ coordinates production but its decisions are not binding.
- She highlights U.S. shale technology made the U.S. the world's top oil producer, changing global dynamics.
Exploration Returned To Low Cost Frontiers
- Exploration moved away from expensive deep projects after cost overruns and investor backlash.
- Low break-even offshore discoveries (e.g., Guyana, Brazil) are now attracting majors again.