Energy News Beat Podcast Sandstone Group

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner, discusses key issues in the energy sector on the Daily Energy News Beat. He talks about TotalEnergies considering a move of its stock li...

In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley covered several energy topics in his Energy News daily stand-up, including a major 900MW geothermal project in California, questioning stock market integrity and government data. He criticized the Biden administration's $7 billion solar initiative for its unrealistic financial projections. Turley also discussed a decrease in OPEC oil production, a potential $150 billion investment in global upstream M&A, and significant extensions in Norway's North Sea oil and gas fields. He concluded by highlighting the importance of global energy discussions and responsible environmental management.Highlights of the Podcast00:00 - Intro01:53 - U.S. produces the energy everyone is looking for: 900 MW at the largest plant in the world03:56 - Geopolitics and Inflation Threaten to Derail Booming Stock Market06:15 - Biden Aims to Bridge the Decarbonization Divide With $7 Billion Solar Initiative07:51 - OPEC’s Oil Production Falls in April08:59 - Global Upstream M&A Market Poised for $150 Billion Injection in 202409:57 - Norway to extend life of mature Brage oil and gas field in North Sea with new Bestla offshore tie-in10:59 - Outro Please see the links below or articles that we discuss in the podcast.U.S. produces the energy everyone is looking for: 900 MW at the largest plant in the world (https://energynewsbeat.co/u-s-produces-the-energy-everyone-is-looking-for-900-mw-at-the-largest-plant-in-the-world/)April 30, 2024 (https://energynewsbeat.co/2024/04/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)It is a common misconception that renewable energy is hidden in large production plants. Instead, it is found in the sun, in the wind or in an unprecedented source that the whole planet is looking for […] (https://energynewsbeat.co/u-s-produces-the-energy-everyone-is-looking-for-900-mw-at-the-largest-plant-in-the-world/)Geopolitics and Inflation Threaten to Derail Booming Stock Market (https://energynewsbeat.co/geopolitics-and-inflation-threaten-to-derail-booming-stock-market/)April 30, 2024 (https://energynewsbeat.co/2024/04/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)The S&P 500 index achieved its best first quarterly performance since 2019. Economic data, such as low unemployment and GDP growth, indicates positive conditions for corporate profitability. Geopolitical conflicts and rising bond yields contributed to […] (https://energynewsbeat.co/geopolitics-and-inflation-threaten-to-derail-booming-stock-market/)Biden Aims to Bridge the Decarbonization Divide With $7 Billion Solar Initiative (https://energynewsbeat.co/biden-aims-to-bridge-the-decarbonization-divide-with-7-billion-solar-initiative/)April 30, 2024 (https://energynewsbeat.co/2024/04/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)Wealthy nations and individuals have greater capacity to transition to clean energy, leaving poorer communities more vulnerable to climate change. Within wealthy nations, disparities exist in access to incentives for green technology adoption, such as […] (https://energynewsbeat.co/biden-aims-to-bridge-the-decarbonization-divide-with-7-billion-solar-initiative/)Global Upstream M&A Market Poised for $150 Billion Injection in 2024 (https://energynewsbeat.co/global-upstream-ma-market-poised-for-150-billion-injection-in-2024/)April 30, 2024 (https://energynewsbeat.co/2024/04/) 

In this episode of the Energy News Beat Daily Standup, the host, discussing key energy sector developments. He details Tesla's new partnership for autonomous driving in China, addressing potential data privacy concern...

In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley covers the significant rise in U.S. electricity prices under the Biden administration, the EPA's controversial rule for carbon capture technology in power plants, concerns over solar expansion on farmland, and Exxon's efforts in developing economical CO2 removal technologies. Additionally, Turley touched on China's request for an international probe into the Nord Stream pipeline attack, emphasizing geopolitical tensions and policy impacts on the energy sector.Highlights of the Podcast00:00 - Intro01:21 - Biden’s Green-Energy Price Shock03:09 - Biden Administration Finalizes Power Plant Rule11:43 - Exxon is working on tech to remove CO2 from atmosphere but a breakthrough is needed to slash costs13:02 - As solar capacity grows, some of America’s most productive farmland is at risk – Who pays for the EOL land reclamation?15:05 - China calls for ‘international investigation’ into Nord Stream attack17:09 - Outro Please see the links below or articles that we discuss in the podcast.Biden’s Green-Energy Price Shock (https://energynewsbeat.co/bidens-green-energy-price-shock/)April 27, 2024 (https://energynewsbeat.co/2024/04/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)Do White House officials pay electric bills? They strangely keep saying the President’s climate agenda is reducing electric-power rates even as the cost of running your dishwasher is sky-rocketing, as illuminated by the Labor Department’s […] (https://energynewsbeat.co/bidens-green-energy-price-shock/)Biden Administration Finalizes Power Plant Rule (https://energynewsbeat.co/biden-administration-finalizes-power-plant-rule/)April 27, 2024 (https://energynewsbeat.co/2024/04/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)ENB Pub Note: I will discuss this article on the Daily Energy News Beat Stand Up. Look at the two videos at the end of the article to get a sense of the utter futility […] (https://energynewsbeat.co/biden-administration-finalizes-power-plant-rule/)Exxon is working on tech to remove CO2 from atmosphere but a breakthrough is needed to slash costs (https://energynewsbeat.co/exxon-is-working-on-tech-to-remove-co2-from-atmosphere-but-a-breakthrough-is-needed-to-slash-costs/)April 27, 2024 (https://energynewsbeat.co/2024/04/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)Exxon is working on direct air capture technology to remove carbon dioxide emissions from the atmosphere as a tool to address climate change. Exxon CEO Darren Woods said the technology is currently unaffordable, with CO2 […] (https://energynewsbeat.co/exxon-is-working-on-tech-to-remove-co2-from-atmosphere-but-a-breakthrough-is-needed-to-slash-costs/)As solar capacity grows, some of America’s most productive farmland is at risk – Who pays for the EOL land reclamation? (https://energynewsbeat.co/as-solar-capacity-grows-some-of-americas-most-productive-farmland-is-at-risk-who-pays-for-the-eol-land-reclamation/)April 27, 2024 (https://energynewsbeat.co/2024/04/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)JASPER COUNTY, INDIANA, April 27 (Reuters) – Dave Duttlinger’s first thought when he saw a dense band of yellowish-brown dust smearing the sky above his Indiana farm was: I warned them this would happen.

In this episode of the Energy News Beat Daily Standup, the host, Michael Tanner and Stuart Turley discuss various energy topics, including the challenges and cost overruns associated with offshore wind projects in New York, implications of regulatory changes in the wind and hydrogen sectors, and geopolitical shifts affecting global energy markets. They highlight issues with California's solar power management, concerns about U.S. energy policies under the Biden administration, and the financial state of Tesla. Additionally, they cover international agreements and developments, such as Oman's LNG agreement with Turkey and the resilience of Russian oil and gas revenues despite sanctions, reflecting on the broader impact of these developments on global energy strategies and environmental considerations.Highlights of the Podcast00:00 - Intro00:59 - 3 offshore wind projects nixed in New York03:48 - Biden administration considers scrapping its cutting-edge proposal to slash power plant pollution06:22 - Oman LNG signs 10-year gas supply agreement with Turkey’s Botas Petroleum08:44 - Biden’s damaging war against American energy production10:58 - Rooftop solar panels are flooding California’s grid. That’s a problem.13:56 - Tesla Investors Brace for Worst Financial Report in 7 Years16:34 - Reuters Estimates: Russian Oil and Gas Revenue to Double in April18:05 - Outro Please see the links below or articles that we discuss in the podcast.3 offshore wind projects nixed in New York (https://energynewsbeat.co/3-offshore-wind-projects-nixed-in-new-york/)April 19, 2024 (https://energynewsbeat.co/2024/04/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)New York canceled power contracts for three offshore wind projects Friday, citing a turbine maker’s plans to scrap its biggest machines. The news is a heavy blow to the U.S. offshore wind industry and a […] (https://energynewsbeat.co/3-offshore-wind-projects-nixed-in-new-york/)Biden administration considers scrapping its cutting-edge proposal to slash power plant pollution (https://energynewsbeat.co/biden-administration-considers-scrapping-its-cutting-edge-proposal-to-slash-power-plant-pollution/)April 20, 2024 (https://energynewsbeat.co/2024/04/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)CNN – The Biden administration is contemplating scrapping the most cutting-edge aspect of its highly anticipated and impactful power plant pollution rules, two sources familiar with the plan told CNN. The administration may also allow […] (https://energynewsbeat.co/biden-administration-considers-scrapping-its-cutting-edge-proposal-to-slash-power-plant-pollution/)Oman LNG signs 10-year gas supply agreement with Turkey’s Botas Petroleum (https://energynewsbeat.co/oman-lng-signs-10-year-gas-supply-agreement-with-turkeys-botas-petroleum/)April 20, 2024 (https://energynewsbeat.co/2024/04/) Stu Turley (https://energynewsbeat.co/author/stuartsandstonecg-com/)Muscat – Oman LNG Company announced on Friday the signing of a new sales and purchase agreement (SPA) with Turkey’s Botas Petroleum Pipeline Corporation. Under the agreement, Oman LNG will supply 1mn metric tonnes per annum […] (https://energynewsbeat.co/oman-lng-signs-10-year-gas-supply-agreement-with-turkeys-botas-petroleum/)Biden’s damaging war against American energy production (https://energynewsbeat.co/bidens-damaging-war-against-american-energy-production/)April 22, 2024 (https://energynewsbeat.co/2024/04/) 

Another merger, another Deal Spotlight! On today’s episode, we talk all things OFS and the merger of SLB + ChampionX that happened earlier this year. To break all this down, we needed to find an expert, and Jeff Krimmel is that expert!He joins the show to discuss all things OFS, market dynamics, pricing, and future segment forecasts before diving into this merger from all angles. SLB is making a clear statement: the future of US Shale is in production longevity, not drilling. Jeff points out some really interesting tidbits surrounding the nature of the press releases and in the end, gives it his blessing.Thanks again to Jeff Krimmel for joining the show.Until the next deal!Links:Jeff Krimmel Newsletter: https://jeffkrimmel.carrd.co/ (https://jeffkrimmel.carrd.co/)Jeff’s LinkedIn: https://www.linkedin.com/in/jeffkrimmel/ (https://www.linkedin.com/in/jeffkrimmel/)Jeff’s Website: https://krimmelsg.com/ (https://krimmelsg.com/) Highlights of the Podcast 00:00 – Introduction and overview of the Schlumberger Champion X oilfield service merger discussion01:37 – Discussion about Jeff Krimmel’s recent keynote address03:22- Overview of Jeff Kimmel's background in oilfield services and strategy05:06 – Discussion about market pricing strategies in oilfield services08:28 – Analysis of the Schlumberger Champion X merger17:32 – Current sentiment in the oilfield services market25:03 – Detailed breakdown of the Schlumberger Champion X merger highlights27:43 – Discussion on the future of operational expenditure in oilfield services29:47 – Examination of Champion X’s business focus and how it complements Schlumberger36:00 – Discussion of synergies and financial aspects of the merger44:50 – Final thoughts on the Schlumberger Champion X merger and its impact on the oilfield services industry50:10 – Conclusion and wrap-up of the episode