Search

GAILLE PLLC

Time & Patience: Napoleon’s (Hard) Lesson for Negotiators [Gaille Energy Blog Issue 67]

“The strongest of all warriors are these two — Time and Patience.” – Leo Tolstoy, War and Peace Even if both parties must conclude a deal, we must consider the question of Time—by when does each need to reach agreement.... Continue Reading →

LNG vs. Pipeline Economics [Gaille Energy Blog Issue 66]

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 →

Does Your Negotiating Style Resemble a Fox or Hedgehog? [Gaille Energy Blog Issue 65]

“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 →

How Will Blockchain Technology Be Adopted by the Energy Industry? [Gaille Energy Blog Issue 64]

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 →

Venezuela’s Oil Production Crash: Another Sad Chapter of Socialism [Gaille Energy Blog Issue 63]

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 →

Shale vs. Deepwater Exploration Part II: The Risks [Gaille Energy Blog Issue 62]

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 →

Shale vs. Deepwater Exploration Rates of Return [Gaille Energy Blog Issue 61]

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 →

Gaddafi’s Violent Legacy Continues to Haunt Libya’s Energy Industry [Gaille Energy Blog Issue 60]

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 →

France Passes Law Banning Fossil Fuels [Gaille Energy Blog Issue 59]

Toreador Resources Corporation was one of the first companies to exploit international shale in the late 2000s.  Hydraulic fracturing was working in the United States, and similar shale formations exist around the world.  One of the largest sits in the... Continue Reading →

Blog at WordPress.com.

Up ↑