Energy companies often do business in places that are not part of the Instagram travel circuit. Visas can be difficult to obtain, and tourism is virtually non-existent. These nations also tend to be home to extraordinary characters with unusual stories. ... Continue Reading →
I recently had the opportunity to tour the Allseas Solitaire pipe layer as it was constructing a natural gas pipeline between the United States and Mexico. The Allseas Solitaire is 1,302 feet long, longer than a Nimitz class aircraft carrier.... Continue Reading →
This is a guest blog authored by Ankur Shah, one of my students at Rice University's Graduate School of Business. Royal Dutch Shell says the world could be grappling with a shortage of liquefied natural gas within a decade... Continue Reading →
“The fox knows many things, but the hedgehog knows one big thing.” – Archilochus of Paros, 7th Century, B.C. Courses at Yale, Oxford, and the United States Naval War College have used the aphorism of the fox versus the hedgehog... Continue Reading →
The headlines may be filled with stories about Bitcoin and other cryptocurrencies—but it’s the underlying innovation called Blockchain (rather than cryptocurrencies themselves) that is poised to impact the energy industry: "Blockchain is a special technology for peer-to-peer transaction platforms that... Continue Reading →
When I last visited the Venezuelan cities of Caracas and Puerto La Cruz in 2007, Hugo Chavez was sowing the seeds of the nation’s economic destruction: “Venezuela demanded changes to the agreements made by international oil companies that would give... Continue Reading →
Last week’s issue on Shale vs. Deepwater Returns [Issue 61] featured the below figure from Hess Corporation: Several readers questioned to what extent the figure’s economics reflected different risks, including the chance of success (during exploration) and political risk. This... Continue Reading →
Last week, the Trump Administration announced that it would open new areas of the United States coast to deepwater exploration: In a striking about-face, the Interior Department announced yesterday that it wants to allow drilling in nearly all U.S. waters,... Continue Reading →
More than six years after Muammar Gaddafi’s death, the violence in Libya continues. Attackers bombed a major Libyan pipeline, reducing the nation’s production by ~100,000 barrels per day: “Libya is rife with rival militias and armed groups, some in competition... Continue Reading →
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