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.

Second officer charged with negligent navigation over last week’s high-profile grounding in Norway

May 26, 2025 Stu Turley

ContainersEuropeOperations Redningsselskapet (Norway’s Rescue Society) Redningsselskapet (Norway’s Rescue Society) A Ukrainian second officer aboard the container vessel NCL Salten has been charged with negligent navigation following a grounding incident early Thursday morning near Trondheim, Norway. […]

30-Year & 20-Year Treasury Yields Back over 5%, 10-Year over 4.5%, Yield Curve Steepens at Long End, Mortgage Rates Back over 7%

May 24, 2025 Stu Turley

Will the bond market eventually wake up and scare the bejesus out of Congress? Is it already rubbing its eyes? By Wolf Richter for WOLF STREET. The 30-year Treasury yield ended Friday at 5.04%, after kissing 5.15% on […]

Inventory of New Houses for Sale at 500,000, Most since 2007, Driven by the South & West. Prices Zigzag Lower, Sales Rise

May 23, 2025 Stu Turley

As homebuilders got aggressive with mortgage-rate buydowns, incentives, and lower prices, sales held up, unlike sales of existing homes, which collapsed. By Wolf Richter for WOLF STREET. With inventories of new single-family homes for sale very high – […]

Velesto bags $90m jackup deal in Indonesia

May 23, 2025 Stu Turley

ENB Pub Note: I have added the domestic oil and gas production information for Malaysia and the update from AsiaOffshore on the Velesto Energy new contract is below. Below is a summary of Malaysia’s domestic […]

Japan-US Shipbuilding Revitalization Fund under discussion

May 23, 2025 Stu Turley

ENB Pub Note: This is a massive help for the U.S. shipbuilding programs. Japan’s bond market is having some significant problems, and this new shipbuilding project may be great for it. With South Korea and […]

Spring Selling Season Fizzles, Worst April for Home Sales since 2009, Supply Surges to Highest since 2016, YoY Price Gains Fade

May 22, 2025 Stu Turley

Epic demand destruction has ensued after prices spiked by 50% in three years. And now supply is piling up. By Wolf Richter for WOLF STREET. Sales of existing single-family homes, townhouses, condos, and co-ops that closed in April […]

DeepOcean expands into APAC and Middle East with Shelf Subsea buy

May 22, 2025 Stu Turley

ENB Pub Note: Interesting merger through a stock buyout. Their 3 offshore vessels work in oil, gas, and look to be some renewable energy. So, a shift looks to be happening to support both offshore […]

Tense shipping situation in the Baltic as Russia hits out at neighbours

May 22, 2025 Stu Turley

ENB Pub Note: The Russian Dark Fleet is critical to Russia in keeping its oil exports moving through sanctions. Last month, we covered a Chinese cargo ship in the Baltic Sea doing similar cable and […]

Washington takes another swipe at the IMO in launching flag investigation

May 22, 2025 Stu Turley

The Federal Maritime Commission (FMC) is conducting a nonadjudicatory investigation to examine whether the vessel flagging laws, regulations, or practices of certain foreign governments create unfavourable shipping conditions in the foreign trade of the US. The FMC […]

As Tech Jobs Plunge in San Francisco & Silicon Valley, Housing Reacts: Condo Prices Drop Back to 2015, Single-Family Home Prices Back to 2018

May 21, 2025 Stu Turley

The massive 10-year home-price spike to 2022 was more than the economy could bear and has done a lot of damage, including to employment, as we can see. By Wolf Richter for WOLF STREET. Highly paid jobs in […]