Energy News Beat Podcast Sandstone Group

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss various energy news topics in the June 17, 2024 edition of the Daily Energy News Beat. Key headlines include a slowdown in EV sales impacting net-zero goals, a lawsuit by the American Petroleum Institute against the EPA’s EV mandates, Sweden's rejection of new power cables to Germany, and Australia's development of the first renewable-powered floating LNG terminal. They also cover the weekend's oil and gas market trends, including TotalEnergies' asset sales in Brunei, California's new oil drilling permits, and financial market updates. Tanner will attend Earth Tech, while Turley will host solo shows mid-week.Highlights of the Podcast00:00 - Intro01:36 - EV Slowdown Steers the World Further Off Course From Net Zero05:00 - API, Coalition Partners File Lawsuit to Protect American Consumers from EPA’s Electric Vehicle Mandate07:48 - Sweden Rejects New Power Cable to Germany Over Market Inefficiencies09:46 - World’s first renewable-powered floating LNG import terminal closing in on new partners amid ‘strong’ interest12:31 - Markets Update16:23 - TotalEnergies Sells Upstream Business in Brunei18:50 - State issues Kern’s first oil drilling permits in a year20:34 - OutroPlease see the links below or articles that we discuss in the podcast.EV Slowdown Steers the World Further Off Course From Net Zero (https://energynewsbeat.co/ev-slowdown-steers-the-world-further-off-course-from-net-zero/)June 16, 2024 (https://energynewsbeat.co/2024/06/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for concern, leading BloombergNEF to slash sales estimates and warn that the auto industry is falling further off the track toward [… (https://energynewsbeat.co/ev-slowdown-steers-the-world-further-off-course-from-net-zero/)API, Coalition Partners File Lawsuit to Protect American Consumers from EPA’s Electric Vehicle Mandate (https://energynewsbeat.co/api-coalition-partners-file-lawsuit-to-protect-american-consumers-from-epas-electric-vehicle-mandate/)June 16, 2024 (https://energynewsbeat.co/2024/06/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)WASHINGTON, June 13, 2024 /PRNewswire/ — The American Petroleum Institute (API) today filed a lawsuit in the D.C. Circuit Court of Appeals challenging the U.S. Environmental Protection Agency’s (EPA) light-duty and medium-duty vehicle emissions standards for model years 2027-2032. […] (https://energynewsbeat.co/api-coalition-partners-file-lawsuit-to-protect-american-consumers-from-epas-electric-vehicle-mandate/)Sweden Rejects New Power Cable to Germany Over Market Inefficiencies (https://energynewsbeat.co/sweden-rejects-new-power-cable-to-germany-over-market-inefficiencies/)June 14, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)In a significant move, the Swedish government has rejected the proposed 700 MW Hansa PowerBridge subsea power connection between Sweden and Germany. Energy Minister Ebba Busch cited inefficiencies in the German electricity market as the […] (https://energynewsbeat.co/sweden-rejects-new-power-cable-to-germany-over-market-inefficiencies/)

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley discuss significant energy developments, including New Zealand's reversal of its oil drilling ban due to energy shortages and rising electricity costs, the economic challenges of the Green New Deal, California's ongoing struggles with energy policies, and a new large-scale refinery project in Texas. They highlight the complexities and consequences of global energy transitions and emphasize the importance of balancing environmental goals with economic realities.Highlights of the Podcast00:00 - Intro01:49 - New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer06:34 - The Price of Going Green Is High10:36 - California’s Impossible War on Oil and Gas12:50 - California set to crank gas power and emissions to keep cool13:48 - The Myth of the Inevitable Rise of a Petroyuan16:32 Houston energy company to build largest new refinery in half a century17:56 - OutroPlease see the links below or articles that we discuss in the podcast.New Zealand to lift oil drilling ban amid blackout fears in blow to Starmer (https://energynewsbeat.co/new-zealand-to-lift-oil-drilling-ban-amid-blackout-fears-in-blow-to-starmer/)June 9, 2024 (https://energynewsbeat.co/2024/06/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)New Zealand was on Saturday night expected to revoke a ban on drilling for oil and gas amid fears of blackouts, as Labour plans to impose a similar crackdown on the North Sea. The country’s coalition government […] (https://energynewsbeat.co/new-zealand-to-lift-oil-drilling-ban-amid-blackout-fears-in-blow-to-starmer/)The Price of Going Green Is High (https://energynewsbeat.co/the-price-of-going-green-is-high/)June 8, 2024 (https://energynewsbeat.co/2024/06/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)1: People around the world are beginning to object to the increasingly expensive costs of the “energy transition” being pushed by their governments and some businesses. 2: A paper by the Climate Policy Initiative (CPI) […] (https://energynewsbeat.co/the-price-of-going-green-is-high/)California’s Impossible War on Oil and Gas (https://energynewsbeat.co/californias-impossible-war-on-oil-and-gas/)June 10, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)Determined to save the world from climate change, California has nearly shut down its oil and gas industry, though the Golden State currently gets 50 percent of its total energy from oil and another 34 percent from […] (https://energynewsbeat.co/californias-impossible-war-on-oil-and-gas/)California set to crank gas power and emissions to keep cool (https://energynewsbeat.co/california-set-to-crank-gas-power-and-emissions-to-keep-cool/)June 10, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)LITTLETON, Colorado, June 6 (Reuters) – Scorching temperature forecasts for the western U.S. over the coming days look set to kick-start the high seasonThe Myth of the Inevitable Rise of a Petroyuan (https://energynewsbeat.co/the-myth-of-the-inevitable-rise-of-a-petroyuan/)

You will not want to miss this live Energy Realities event, where David Blackmon, Irina Slav, Tammy Nemeth, and Stu Pid Turley discuss global energy issues. Our stories around Antonio Guterres and the UN will be a blast.We love questions, and heckling is encouraged. #geopoliticaltensions (https://www.youtube.com/hashtag/geopoliticaltensions) #geopolitics (https://www.youtube.com/hashtag/geopolitics)Highlights of the Podcast 01:19 - The outcomes in the EU elections held over the weekend 07:51 - Antonio Guterres and his latest outburst targeting the oil business  09:47 - The healthiest health minister  13:19 - A direct quote from Guterres speech 19:19 - How the G7 and OECD must reduce oil and gas supply and demand  20:51 - Opinion: Banks should stick to banking and leave changinng the world to others 25:36 - Polish candidate: Green Deal's communication was Commission's 'big mistake'  26:26 - Opinion: Warrior accountants are at the gate, brandishing sustainability rules

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss key headlines including Adnoc's significant LNG export project in the UAE, the environmental benefits of U.S. LNG shipped to Asia compared to coal, the construction of the largest new U.S. refinery in 50 years by Houston Energy Company, Citibank's forecast of a potential oil price drop to sub-$60, and Matador Resources' $1.9 billion acquisition to enhance its Delaware Basin acreage. They also cover the Federal Reserve's decision to maintain interest rates, a surprising EIA crude oil inventory build, and Berkshire Hathaway's increasing stake in Occidental Petroleum.Highlights of the Podcast00:00 - Intro01:29 - ADNOC Moves Ahead With Huge LNG Export Project in UAE03:16 - U.S. LNG Shipped to Asia Is Still Cleaner Than Coal05:15 - Houston energy company to build largest new refinery in half a century06:39 - Citi Says Oil Could Crash to Sub-$60 Level10:42 - Markets Update13:45 - Matador Resources Company Announces Strategic Bolt-On Delaware Basin Acquisition19:31 - OutroPlease see the links below or articles that we discuss in the podcast.ADNOC Moves Ahead With Huge LNG Export Project in UAE (https://energynewsbeat.co/adnoc-moves-ahead-with-huge-lng-export-project-in-uae/)June 12, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)Abu Dhabi’s national oil company ADNOC has taken the final investment decision to move forward with the Ruwais LNG project, which will more than double the existing LNG production capacity in the United Arab Emirates. […] (https://energynewsbeat.co/adnoc-moves-ahead-with-huge-lng-export-project-in-uae/)U.S. LNG Shipped to Asia Is Still Cleaner Than Coal (https://energynewsbeat.co/u-s-lng-shipped-to-asia-is-still-cleaner-than-coal/)June 12, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)US LNG shipped to Asia has a lower value-chain emissions footprint than coal-fired power generation, even over long distances. Uncertainties regarding methane emissions and variations in emissions intensity between different sources and types of LNG […] (https://energynewsbeat.co/u-s-lng-shipped-to-asia-is-still-cleaner-than-coal/)Houston energy company to build largest new refinery in half a century (https://energynewsbeat.co/houston-energy-company-to-build-largest-new-refinery-in-half-a-century/)June 11, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)A Houston company will construct the largest new refinery in the last 50 years in Brownsville, Texas. Element Fuel Holdings LLC is spending between $3 and $4 billion on the project, which will produce more than 160,000 […] (https://energynewsbeat.co/houston-energy-company-to-build-largest-new-refinery-in-half-a-century/)Citi Says Oil Could Crash to Sub-$60 Level (https://energynewsbeat.co/citi-says-oil-could-crash-to-sub-60-level/)June 12, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)Citi analysts have painted a bleak picture for the oil market, forecasting a significant price drop by 2025. According to their latest note, they anticipate a decline to $60 per barrel for Brent crude,

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss several key energy topics. They cover the skepticism around the Petro Yuan replacing the Petro Dollar, the resilience of the U.S. dollar, Europe's wavering climate ambitions amidst political shifts, Russia's clandestine oil shipments to evade U.S. sanctions, and Azerbaijan's increasing natural gas demand despite global phase-out plans. They also touch on rising natural gas prices, oil market dynamics, and potential impacts on U.S. energy production and financial stability.Highlights of the Podcast00:00 - Intro01:28 - The Myth of the Inevitable Rise of a Petroyuan04:16 - Don’t Bet Against the Dollar06:32 - Europe’s climate ambitions thrown into doubt as Green vote collapses08:35 - Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge US Sanctions10:30 - COP29 host Azerbaijan sees natural gas demand rising despite “phase-out” plans13:03 - Markets Update15:20 - OutroPlease see the links below or articles that we discuss in the podcast.The Myth of the Inevitable Rise of a Petroyuan (https://energynewsbeat.co/the-myth-of-the-inevitable-rise-of-a-petroyuan/)June 11, 2024 (https://energynewsbeat.co/2024/06/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)In diplomacy, what’s left unsaid often matters more than what’s said. After Chinese President Xi Jinping met the king of Saudi Arabia in December, both nations issued lengthy readouts extolling the burgeoning Saudi-Sino relationship in […] (https://energynewsbeat.co/the-myth-of-the-inevitable-rise-of-a-petroyuan/)Don’t Bet Against the Dollar (https://energynewsbeat.co/dont-bet-against-the-dollar/)June 11, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)U.S. competitors are pushing the limits of autonomy within a dollar-based system, but there isn’t a real global alternative—and the world is far from an inflection point. It has been 80 years since the Bretton […] (https://energynewsbeat.co/dont-bet-against-the-dollar/)Europe’s climate ambitions thrown into doubt as Green vote collapses (https://energynewsbeat.co/europes-climate-ambitions-thrown-into-doubt-as-green-vote-collapses/)June 11, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)Green parties were on track to lose seats in the European Parliament elections, provisional results showed Monday, sparking concerns that the bloc may be on the brink of scaling back its climate policies. The left-leaning Greens/European Free […] (https://energynewsbeat.co/europes-climate-ambitions-thrown-into-doubt-as-green-vote-collapses/)Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge US Sanctions (https://energynewsbeat.co/russian-oil-tanker-does-secret-cargo-switch-near-singapore-to-dodge-us-sanctions/)June 11, 2024 (https://energynewsbeat.co/2024/06/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)ENB Pub Note: An excellent article from Bloomberg. Although the first line says “The first Russian oil tanker attempting to deliver crude while under US sanctions”… this is not factual, as Russia has been increasing 

In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley, discussed the significant shift to the right in the EU elections, Europe's move from Russian gas to more expensive LNG, ongoing talks to maintain the Russian-Ukraine gas pipeline, and California's aggressive stance on oil and gas amid its energy challenges. He also highlighted North America's continued increase in rig counts, noting fluctuations in specific regions like Oklahoma and the Permian Basin. Turley emphasized the geopolitical and economic implications of these energy developments and encouraged viewers to stay informedHighlights of the Podcast00:00 - Intro01:00 - 5 things to know about the EU election results03:04 - Europe’s Shift from Russian Gas to Pricey LNG05:03 - Europe in Talks to Keep Russia-Ukraine Gas Pipeline Flowing06:56 - California’s Impossible War on Oil and Gas09:13 - California set to crank gas power and emissions to keep cool10:13 - North America Continues Streak of Rig Additions12:20 - OutroPlease see the links below or articles that we discuss in the podcast.5 things to know about the EU election results (https://energynewsbeat.co/5-things-to-know-about-the-eu-election-results/)June 10, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)BRUSSELS — Europe’s conservatives are ecstatic. The European People’s Party (EPP) scored a clear victory in Sunday’s European Parliament election, tightening its grip on the chamber even as far-right groups made major gains across the […] (https://energynewsbeat.co/5-things-to-know-about-the-eu-election-results/)Europe’s Shift from Russian Gas to Pricey LNG (https://energynewsbeat.co/europes-shift-from-russian-gas-to-pricey-lng/)June 10, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)Europe’s switch from Russian pipeline gas to LNG has increased energy costs, despite claims of overcoming dependence without adverse effects. Upcoming winters could see higher gas prices due to increased demand and the end of […] (https://energynewsbeat.co/europes-shift-from-russian-gas-to-pricey-lng/)Europe in Talks to Keep Russia-Ukraine Gas Pipeline Flowing (https://energynewsbeat.co/europe-in-talks-to-keep-russia-ukraine-gas-pipeline-flowing/)June 10, 2024 (https://energynewsbeat.co/2024/06/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)Russian gas still goes through Ukraine pipeline despite war Parts of Europe are worried about the end of supply deal European officials are in talks to keep gas flowing through a key Russia-Ukraine pipeline, as […] (https://energynewsbeat.co/europe-in-talks-to-keep-russia-ukraine-gas-pipeline-flowing/)California’s Impossible War on Oil and Gas (https://energynewsbeat.co/californias-impossible-war-on-oil-and-gas/)June 10, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)Determined to save the world from climate change, California has nearly shut down its oil and gas industry, though the Golden State currently gets 50 percent of its total energy from oil and another 34 percent from […] (https://energynewsbeat.co/californias-impossible-war-on-oil-and-gas/)