Canada's Oil Sands Time To Shine!!
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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 Podcast00:00 - Intro01:30 - EU Sanctions 17 Ships that Carried Oil for Russia02:35 - Fervo Energy Announces 320 MW Power Purchase Agreements with Southern California Edison05:01 - German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs07:19 - Forget Shale: Canada’s Oil Sands Are Having Their Moment09:27 - Hedge Fund Making 20% a Year For Last Decade Targets Uranium M&A12:20 - Markets Update14:40 - Texas Natural Gas Prices Turn Negative Even Amid Heat Wave17:16 - OutroPlease see the links below or articles that we discuss in the podcast.EU Sanctions 17 Ships that Carried Oil for Russia (https://energynewsbeat.co/eu-sanctions-17-ships-that-carried-oil-for-russia/)June 25, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)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 […] (https://energynewsbeat.co/eu-sanctions-17-ships-that-carried-oil-for-russia/)Fervo Energy Announces 320 MW Power Purchase Agreements with Southern California Edison (https://energynewsbeat.co/fervo-energy-announces-320-mw-power-purchase-agreements-with-southern-california-edison/)June 25, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)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 […] (https://energynewsbeat.co/fervo-energy-announces-320-mw-power-purchase-agreements-with-southern-california-edison/)German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs (https://energynewsbeat.co/german-airline-lufthansa-hikes-ticket-prices-by-up-to-77-due-to-environmental-costs/)June 25, 2024 (https://energynewsbeat.co/2024/06/) Mariel Alumit (https://energynewsbeat.co/author/malumitsandstone-group-com/)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 […] (https://energynewsbeat.co/german-airline-lufthansa-hikes-ticket-prices-by-up-to-77-due-to-environmental-costs/)Forget Shale: Canada’s Oil Sands Are Having Their Moment (https://energynewsbeat.co/forget-shale-canadas-oil-sands-are-having-their-moment/)June 25,
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