Articles by Stu Turley

About Stu Turley

Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.

Wind, solar, and coal: Joe Biden’s curious renewable energy cocktail – Telling the CIA global warming is a security threat

January 29, 2021 Stu Turley

President Joe Biden enlisted the entire U.S. government in the fight against climate change on Wednesday, even telling the Central Intelligence Agency to consider global warming a national security threat. Yet he left out coal […]

S&P Global Platts Analytics cuts 2021 oil demand forecast, raises price outlook

January 29, 2021 Stu Turley

London — Global oil demand will rebound by more than 6 million b/d in 2021 and return to 2019 levels a year later despite the sharp acceleration in COVID-19 infections and new lockdowns which have hit energy consumption […]

Biden Adviser Warns of ‘Escalating Nuclear Crisis’ With Iran – How will this impact world oil is a good question?

January 29, 2021 Stu Turley

Energy News Beat Publishers Note: This is one of the biggest stories that could impact world oil supply, and subsequently prices. With the Biden administration selecting the original negotiator for the Iran Nuclear deal, Iran […]

Chevron to buy biodiesel producer REG in USD-3.15bn deal

Chevron Announces Fourth Quarter 2020 Results

January 29, 2021 Stu Turley

Jan. 29, 2021– Chevron Corporation (NYSE: CVX) today reported a loss of $665 million ($(0.33) per share – diluted) for fourth quarter 2020, compared with a loss of $6.6 billion ($(3.51) per share – diluted) in fourth quarter 2019. Included in the current […]

U.S. wind energy production tax credit extended through 2021

January 29, 2021 Stu Turley

The timing and magnitude of wind turbine installations in the United States are often driven by tax incentives. The U.S. production tax credit (PTC), a per-kilowatthour (kWh) credit for electricity generated by eligible renewable sources, was first […]

Petrobras hits hydrocarbons in pre-salt wildcat

January 29, 2021 Stu Turley

Petrobras informed on Friday that it has identified the presence of hydrocarbon in the wildcat well of block C-M-411, located in the pre-salt of the Campos Basin, in Rio de Janeiro state. Block C-M-411; Source: […]

With Natural Gas in Peril, Pipeline Owners Look to Hydrogen

January 29, 2021 Stu Turley

Three million miles of natural gas pipelines criss-cross the U.S., and the fight against climate change could render them all obsolete. The last two weeks alone illustrate the stakes. President Joe Biden canceled the permit for the […]

Oil tanker market in rougher seas as supply surges, storage sinks

January 28, 2021 Stu Turley

A plunge in the volume of crude oil stored on ships combined with unexpected cuts from top producer Saudi Arabia have created a glut of vessels available for hire, pressuring the outlook for supertankers this year. Earnings […]

Murphy Oil Corporation - Energy News Beat

Murphy Oil Corporation Announces Fourth Quarter and Full Year 2020 Results, Provides 2021 Capital Expenditure and Production Guidance

January 28, 2021 Stu Turley

Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth quarter ended December 31, 2020, including a net loss attributable to Murphy of $172 million, or $1.11 net loss per […]

Alaska - Native Leaders React - Point Hope

Alaska Native leaders react to Biden’s executive orders

January 28, 2021 Stu Turley

POINT HOPE, AK – President Joe Biden has issued a flurry of executive orders that will have considerable economic impacts on the indigenous people of Alaska. His moratorium on oil and gas activity in the […]