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HomeAuthorsStu Turley

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.
Dr. George Freidman - Geo Political Futures
ENB Podcast

Energy News Beat Podcast with Dr. George Friedman – Best Selling Author and an International Political Powerhouse

June 10, 2021 Stu Turley

This was the second interview that I was fortunate enough to have with Dr. Friedman. His knowledge, experience, and insights are truly unparalleled for a comprehensive view of the political world. Having an opinion is […]

Crude Oil News

New CER report explores Canada’s oil and gas pipeline system

June 10, 2021 Stu Turley

Today, the Canada Energy Regulator (CER) released a report explaining the economics and market dynamics for the more than 73,000 kilometres of pipelines it regulates. The report, Canada’s Pipeline System 2021: Economics of CER-Regulated Infrastructure, provides […]

Woodside Petroleum is in the final stages of working out costs on its Scarborough gas and Pluto LNG expansion project, as it faces rising labor and steel costs, the company’s boss said on Tuesday. The Scarborough development offshore Western Australia will feed an expansion of Woodside’s Pluto LNG (liquefied natural gas) plant, with the combined project previously estimated at $11.4 billion. Acting CEO Meg O’Neill, who took the reins in April, said the company is facing skyrocketing steel prices for a project where raw steel costs amount to 10% or 15% of total costs, and acknowledged that there is tight competition for workers amid a mining boom in Western Australia. At the same time, she said Woodside had been able to work out some cost savings in the project design with its contractors after putting it on hold last year, when oil and gas prices crashed amid the COVID-19 pandemic. “It’s probably too early to say, but there’s some cost pressures on the ledger, there’s some cost savings on the ledger and as soon as we have those updated bids from our contractors, we’ll be communicating with our shareholders,” O’Neill said at Credit Suisse’s 8th Australian energy conference. The Scarborough and Pluto LNG expansion project is the company’s only big growth option in the near term. Woodside is targeting a final investment decision with its partner BHP Group within the next six months. The Western Australian government said on Tuesday it had approved Woodside’s plan to cut emissions from the Pluto LNG project by 30% by 2030 and reach net zero by 2050, which the state’s environment minister said represented a sharp reduction in emissions from levels approved in 2007. The gas industry two years ago fought to block a proposal by the state’s environment regulator that would have required all new projects with carbon emissions of more than 100,000 tonnes to fully offset their emissions. Source - www.oedigital.com
Fossil

Woodside Faces Cost Increase at $11B Scarborough Gas Project

June 10, 2021 Stu Turley

Woodside Petroleum is in the final stages of working out costs on its Scarborough gas and Pluto LNG expansion project, as it faces rising labor and steel costs, the company’s boss said on Tuesday. The […]

3 gorges solar ipo - energynewsbeat
Finance

Renewables Giant Jumps in Debut After Biggest 2021 China IPO

June 10, 2021 Stu Turley

China Three Gorges Renewables Group Co. surged 44%, the daily limit, in its trading debut as investors sought to gain from the country’s push toward cleaner energy. The unit of China Three Gorges Corp. saw its shares climb […]

Crude Oil News

TC Energy confirms the nixing of the Keystone XL Pipeline Project

June 9, 2021 Stu Turley

TC Energy on Wednesday confirmed that it is nixing the Keystone XL Pipeline following President Biden’s move to revoke a permit for the project during his first day in office. “Construction activities to advance the […]

Crude Oil News

ENB Podcast from Bear Country – Can the oil and gas run continue? – we talk to Enverus

June 9, 2021 Stu Turley

On the ENB Podcast from Bear Country, we have the opportunity to visit with Jessie Mercer,  Senior director of Crude Market Analytics at Enverus. We had fun and talked about the Bulls in the China […]

Iraq workers walk on pipelines of an oil refinery - EnergyNewsBeat
ENB Pub Note

The Retreat of Exxon and the Oil Majors Won’t Stop Fossil Fuel – Without Accountability ESG means nothing

June 9, 2021 Stu Turley

Energy News Beat Publishers Note (ENB): This information from Bloomberg is very telling. Just because the supermajors are being pushed aside, their replacements will not be any more accountable. The state-owned oil companies have even […]

Finance

KKR Seeks More Shale Deals After $5.7 Billion Contango Merger

June 8, 2021 Stu Turley

KKR  & Co. is building a shale-oil acquisition vehicle with the $5.7 billion combination of two little-known explorers. The buyout firm’s Independence Energy will merge with Contango Oil & Gas Co. in an all-stock deal that will be used […]

ESG

ESG investing is fast gaining traction in India

June 8, 2021 Stu Turley

The trend of sustainable investing by incorporating environmental, social and governance (ESG) factors is gaining traction in India. There are as many as 10 exclusive ESG-focu-sed funds (six were launched in FY21). Globally, the assets under […]

Saudi Aramco-2 Energy News Beat
Finance

Aramco Kicks Off Debut Sale of Dollar-Denominated Islamic Bonds

June 8, 2021 Stu Turley

Saudi Aramco, the world’s biggest energy company, started marketing its first dollar-denominated Islamic bond sale. The state-controlled company is offering sukuk due in three, five and 10 years, according to a person familiar with the […]

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