ENB Publishers Note: Sanctions will not stop Putin. Sanctions only hurt the consumers, the poor, and the disproportionately impacted communities. The new China energy deal ensures cash flow. As another critical piece, Pakistan is completing a deal with Russia on a natural gas pipeline, but they would need to find a pipeline contract builder impervious to sanctions. China is bidding on the pipeline. I bet they win the contract. Iran is another example of sanctions not working. They had made contracts with China and survived all U.S. sanctions using the China contracts as cash flow.
The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said Friday. Amos Hochstein, the State Department’s senior energy security adviser, spoke to Bloomberg’s Annmarie Hordern. She’s on “Balance of Power.” (Source: Bloomberg)
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.
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U.S. and European companies still have billions of dollars in assets in Russia—and Moscow is starting to retaliate. By Giovanni Legorano, a journalist based in Italy. After months of discussions over whether to confiscate […]
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