Episodes

  • Europe to US, What RED III and RVO Mean for Operators
    Jan 21 2026

    In this episode of The Next Imperative, A&M Managing Directors John Walsh and Mark Clevenger, along with Senior Director Tushar Bansal, join host Geoff Angulo to examine how recent US and European policy shifts are reshaping the biofuels landscape. They focus on how these changes are influencing margins, working capital needs, and investment decisions at a time when spreads continue to tighten. The conversation highlights practical steps operators are taking to navigate policy‑driven volatility and maintain momentum in a decarbonizing market.

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    31 mins
  • The Exploration Crisis: Why Oil & Gas Companies Are Finding Less While Demand Keeps Growing
    Oct 16 2025

    In the newest episode of The Next Imperative, Geoff Angulo is joined by Andy Zagoren and John Norton to unpack the exploration crisis facing today’s oil & gas industry. They discuss why exploration success rates have dropped sharply over the past 15 years, how financial pressures and underinvestment have created a skills gap, and what companies can do to reverse the trend. The conversation also explores how data, AI, and cross-industry lessons can help revitalize exploration strategies for the future.

    Read our recent whitepaper, “Tackling Challenges in Exploration” here: https://www.alvarezandmarsal.com/thought-leadership/tackling-challenges-in-exploration-driving-fundamental-change-in-strategy-and-execution

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    23 mins
  • Cash is King Again: Navigating Clean Energy's Financial Crossroads
    Jun 23 2025

    In the newest episode of The Next Imperative Geoff Angulo is joined by Managing Directors Mark Rajcevich and Brett Bergamo. The conversation revolves around the current clean energy landscape, financial pressures facing the industry, operational challenges, and strategic advice for companies navigating market turbulence in the renewable energy sector.

    Learn more in our lastest report: https://www.alvarezandmarsal.com/thought-leadership/clean-energy-distress-market-landscape-navigating-shifting-dynamics-and-supporting-operators-through-volatility

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    15 mins
  • Navigating Operational Risks in Global LNG Trading
    May 13 2025

    Welcome to the third episode of Alvarez & Marsal's global gas marketing and trading series on The Next Imperative podcast. In this episode, host Geoff Angulo is joined by LNG thought leaders John Corrigan and Alberto Corvo, Managing Directors at Alvarez & Marsal, to discuss the operational risks associated with global LNG trade.

    As North American natural gas producers look to increase revenues through marketing and trading LNG on the international stage, they face new operational challenges. The conversation explores the entire LNG value chain, from liquefaction to shipping logistics, and examines how companies can effectively manage risks in the global market.

    The experts provide insights on navigating maritime issues, quantifying risk, managing currency exposures, and developing effective trading strategies. They emphasize the importance of learning from industry veterans and building the right capabilities to succeed in international markets.

    Tune in to hear valuable perspectives on operational risk management in the growing LNG trading space and the key considerations for companies expanding beyond domestic markets. To learn more about Alvarez & Marsal, click here: https://www.alvarezandmarsal.com/\

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    28 mins
  • Regulatory and Market Risks in Global LNG Trading
    Apr 8 2025

    Welcome to another episode from Alvarez & Marsal! Host Geoff Angulo, Senior Director at Alvarez & Marsal, sits down with LNG industry experts Alberto Corvo and John Corrigan to explore the complexities and risks of trading LNG on an international scale.

    Alberto and John break down the key risks involved and discuss how simulations and models can help quantify and manage them. They emphasize the importance of selecting the right models tailored to specific needs for the most accurate risk assessment. The conversation wraps up with insights on the challenges of Know Your Customer (KYC) and FCPA compliance, contract risks, and strategies for hedging inventory when shifting from immediate pipeline sales to managing weeks of inventory.

    Tune in to hear expert perspectives on the changing dynamics of LNG and what lies ahead for this critical energy sector.

    To learn more about Alvarez & Marsal, click here!

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    30 mins
  • The Future of LNG: Global Supply, Demand and U.S. Leadership
    Jan 21 2025

    Welcome to a new episode from Alvarez & Marsal, host Geoff Angulo, Senior Director with Alvarez & Marsal, is joined by LNG industry experts Roy Abou Tayeh, Renee Klimczak, and John Corrigan. Together, they dive into the evolving landscape of Liquefied Natural Gas (LNG) and explore the opportunities, challenges, and future developments shaping the global market.

    The discussion covers the current state of global LNG supply and demand, the U.S.’s growing role as a dominant exporter, and how capital projects are reshaping the LNG space. The guests also share insights into key players across the LNG value chain, from trading houses to major oil companies, and how the industry is planning for future growth amid market shifts.

    Tune in to hear expert perspectives on the changing dynamics of LNG and what lies ahead for this critical energy sector.

    To learn more about Alvarez & Marsal, click here!

    Host:

    Geoff Angulo, Senior Director with Alvarez & Marsal - Energy

    Guests:

    Roy Abou Tayeh, Senior Director with Alvarez & Marsal

    Renee Klimczak, Managing Director with Alvarez & Marsal

    John Corrigan, Managing Director with Alvarez & Marsal

    Time Stamps:

    (00:00 - 00:45) Introductions

    (00:46 - 04:15) Global Supply and Demand with LNG

    (04:16 - 13:34) LNG in the U.S.

    (13:35 - 16:35) Capital Projects in the LNG Space

    (16:36 - 23:05) Planning for the Foreseeable Future

    (23:06 - 24:52) Opportunities and Change Ahead

    (24:53 - 25:25) Closing

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    25 mins
  • The Deal is Closed, Now What: Synergy Capture
    Oct 1 2024

    Welcome back to The Next Imperative! Today, on our segment on Energy, Industry, and M&A, our host Geoff Angulo is joined by Mark Clevenger - Managing Director with Alvarez & Marsal, Jay Campbell - Managing Director with A&M, and Andrew Burns - Senior Director with A&M. Today the conversation revolves around merging, day one after a close, change management, and all the advice you need to get around issues when transitioning companies.

    Host:

    Geoff Angulo, Senior Director with Alvarez & Marsal - Energy

    Guests:

    Jay Campbell, Managing Director with Alvarez & Marsal

    Mark Clevenger, Managing Director with Alvarez & Marsal

    Andrew Burns, Senior Director with Alvarez & Marsal

    Time Stamps:

    (00:00 - 01:16) Introductions

    (01:17 - 05:11) Proper Preparation for Acquisitions

    (05:12 - 12:52) Ensuring Seamless Integration

    (12:53 - 18:33) Common Synergy Categories

    (18:34 - 25:00) Causes for Not Reaching Goals

    (25:01 - 27:21) Important Aspects of a Successful Transaction

    (27:22 - 30:30) Exceeding Synergy Targets

    (30:31 - 31:06) Closing

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    31 mins
  • Pre-Close: Integration Planning and Execution
    Aug 13 2024

    Welcome back to The Next Imperative! Today, on our segment on Energy, Industry, and M&A, our host Geoff Angulo is joined by Wade Stubblefield - Managing Director with Alvarez & Marsal, Jacques Duplantis - Managing Director with A&M, and Andrew Burns - Senior Director with Alvarez & Marsal. Today the A&M group focuses on integration, how to help employees, making the merger go as smoothly as possible, what to watch for, and much more. Gain a ton of tips, and useful knowledge to help your business become successful.

    Host:

    Geoff Angulo, Senior Director with Alvarez & Marsal - Energy

    Guests:

    • Wade Stubblefield, Managing Director with Alvarez & Marsal
    • Andrew Burns, Senior Director with Alvarez & Marsal
    • Jacques Duplantis, Managing Director with Alvarez & Marsal

    Time Stamps:

    • (00:00 - 01:04) Introductions
    • (01:05 - 09:57) Transitioning Employees after a Merger
    • (09:58 - 19:23) Breaking Down a Successful Integration
    • (19:24 - 24:54) Integration Management Office
    • (24:55 - 30:12) Risks of Bad / No Planning
    • (30:13 - 34:46) Pre-Close Planning Successes
    • (34:47 - 35:18) Closing
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    35 mins