Energy News Beat Podcast

Energy News Beat Podcast


Canada's Oil Sands Time To Shine!!

June 26, 2024

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss various energy-related headlines: the EU's sanctions on 17 ships carrying Russian oil, Turbo Energy's 320 MW power purchase agreement with Southern California Edison, Lufthansa's hike in ticket prices due to environmental costs, the resurgence of Canada's oil sands, and a hedge fund's 20% annual returns from targeting uranium M&A. They also cover current oil and gas market trends, including a negative turn in Texas natural gas prices amid a heat wave, and touch on geopolitical factors influencing energy prices and investments.


Highlights of the Podcast


00:00 - Intro

01:30 - EU Sanctions 17 Ships that Carried Oil for Russia

02:35 - Fervo Energy Announces 320 MW Power Purchase Agreements with Southern California Edison

05:01 - German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs

07:19 - Forget Shale: Canada’s Oil Sands Are Having Their Moment

09:27 - Hedge Fund Making 20% a Year For Last Decade Targets Uranium M&A

12:20 - Markets Update

14:40 - Texas Natural Gas Prices Turn Negative Even Amid Heat Wave

17:16 - Outro


Please see the links below or articles that we discuss in the podcast.


EU Sanctions 17 Ships that Carried Oil for Russia

June 25, 2024 Mariel Alumit

The European Union placed sanctions on more than two dozen vessels, including 17 that hauled oil for Moscow. The sanctions follow similar steps taken by the UK, which included so-called dark fleet ships on a list of […]


Fervo Energy Announces 320 MW Power Purchase Agreements with Southern California Edison

June 25, 2024 Mariel Alumit

World’s largest geothermal PPAs highlight increasing utility demand for clean, reliable next-generation geothermal energy HOUSTON, TX (June 25, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal energy, announced today the execution of two power […]


German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs

June 25, 2024 Mariel Alumit

German airline company Lufthansa Group said Tuesday it would add an “environmental cost surcharge” to ticket prices as soon as this week, which could be as high as 72 euros ($77) for some flights. “The surcharge is […]


Forget Shale: Canada’s Oil Sands Are Having Their Moment

June 25, 2024 Mariel Alumit

Canada’s oil sands were once the high-cost, dirty and unloved sibling to America’s fast-growing shale. Not any more. Oil-sands producers have been among the top-performing companies in the energy sector over the past year. Shares […]


Hedge Fund Making 20% a Year For Last Decade Targets Uranium M&A

June 25, 2024 Mariel Alumit

(Bloomberg) — A top performing hedge fund is betting the pullback in uranium producer NexGen Energy Ltd. will be short lived, as the industry’s growing appeal leaves the startup well placed for a potential takeover. […]


Texas Natural Gas Prices Turn Negative Even Amid Heat Wave

June 25, 2024 Mariel Alumit

In an unexpected turn of events, U.S. spot natural gas prices in Texas dropped below zero on Tuesday despite soaring demand driven by a severe heat wave. This phenomenon, typically seen in the low-demand seasons […]


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