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.

Russian annual oil output falls for the first time since 2008 -EnergyNewsBeat

Russian annual oil output falls for the first time since 2008 on OPEC+ deal, pandemic

January 3, 2021 Stu Turley

Russian oil and gas condensate output declined to 10.27 million barrels per day (bpd) last year, according to energy ministry data cited by the Interfax news agency MOSCOW: Oil production in Russia declined last year […]

US Congress authorizes new Nord Stream 2 sanctions

January 2, 2021 Stu Turley

The US Congress has authorized the White House to impose sanctions against companies constructing the Nord Stream 2 natural gas pipeline from Russia to Germany, with lawmakers overriding President Donald Trump’s veto of a broader […]

Energy Stocks could see 15 percent uptick in 2021 - Energy News Beat

Energy Stocks Could See 15% Uptick In 2021 On $55 Oil Price Average

January 1, 2021 Stu Turley

The pummeling received by the oil market in 2020 and a subsequent slump in the valuations of energy stocks is well documented. As the Covid-19 global pandemic triggered an economic downturn – following national lockdowns, […]

China to cut subsidies for new energy vehicles by a fifth next year -EnergyNewsBeat

China to cut subsidies for new energy vehicles by a fifth next year – Will it impact GM and Tesla?

January 1, 2021 Stu Turley

China, the world’s biggest auto market, has set a target for NEVs, including plug-in hybrids and hydrogen fuel cell vehicles, to make up 20 per cent of auto sales by 2025, up from 5 per […]

EESL to set-up 500 more EV charging stations in FY21 -EnergyNewsBeat

Green Drive: EESL to set-up 500 more EV charging stations in FY21- supporting Tesla’s move to India

January 1, 2021 Stu Turley

Energy News Beat Publishers Note: This is an excellent validation to Tesla focusing on India. The infrastructure support for EV’s is critical. New Delhi: Power PSUs’ joint venture EESL plans to install at least 500 more electric vehicle (EV) charging stations […]

Oil set for 20% drop in 2020 as lockdowns weigh, market eyes more stimulus

January 1, 2021 Stu Turley

Global crude oil markets have lost about a fifth of their value in 2020 as strict coronavirus lockdowns paralysed much of the global economy, but prices have rebounded strongly from their lows as governments rolled […]

Exxon signals up to $20 bln writedown to overwhelm 4th-qtr gains in oil, chemicals

December 31, 2020 Stu Turley

Exxon Mobil Corp. signaled in a regulatory filing that higher oil and gas prices and improved chemicals margins would aid fourth quarter results, but the gains would be overshadowed by an up to $20 billion […]

Tesla To Debut In India Early Next Year – Report

December 31, 2020 Stu Turley

Tesla will start selling electric vehicles (EV) in India early next year, Nitin Gadkari, the country’s transport minister confirmed during an interview with The Indian Express newspaper. The minister disclosed that Tesla (TSLA) will begin […]

Devon Energy and WPX Energy Shareholders Approve Merger of Equals

December 31, 2020 Stu Turley

TULSA, Okla.–(BUSINESS WIRE)– Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the shareholders of both companies voted in favor of all proposals necessary for the closing of the previously announced […]

ConocoPhillips 9.7B Concho Resources acquisistion - EnergyNewsBeat

Year in Review: ConocoPhillips’s $9.7B Concho Resources acquisition was a Deal of the Week in October

December 30, 2020 Stu Turley

Editor’s note: Through the end of December, we’re taking a look back on the Deals of the Week from 2020. This was the Deal of the Week for the Houston Business Journal’s Oct. 23-29 edition. The […]