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A New Frontier: Energy and Initial Coin Offerings (ICOs) [Gaille Energy Blog Issue 68]

  • Posted by scottgaille
  • On June 7, 2018
  • 1 Comments
  • energy ico
This is a guest blog authored by William Brumfield, an Associate at GAILLE PLLC. Will was a Cafaro Scholar at The University of Chicago Law School, where he earned his Doctor of Law Degree.  He received his Bachelor of Arts degree in French with Highest Honors from Southeastern Louisiana University.   If you are not familiar […]
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LNG vs. Pipeline Economics [Gaille Energy Blog Issue 66]

  • Posted by scottgaille
  • On May 16, 2018
  • 0 Comments
  • lng pipeline economics
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 due to underinvestment in new projects. The Anglo-Dutch energy giant issued the warning in its second […]
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Does Your Negotiating Style Resemble a Fox or Hedgehog? [Gaille Energy Blog Issue 65]

  • Posted by scottgaille
  • On April 30, 2018
  • 0 Comments
“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 to help leaders and negotiators understand various approaches to strategy: The Hedgehog. The hedgehog is […]
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How Will Blockchain Technology Be Adopted by the Energy Industry? [Gaille Energy Blog Issue 64]

  • Posted by scottgaille
  • On January 29, 2018
  • 0 Comments
  • blockchain energy
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 uses decentralised storage to record all transaction data. . . .  Essentially, a Blockchain is […]
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Venezuela’s Oil Production Crash: Another Sad Chapter of Socialism [Gaille Energy Blog Issue 63]

  • Posted by scottgaille
  • On January 22, 2018
  • 0 Comments
  • venezuela oil crash
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 PDVSA [Venezuela’s national oil company] majority control of the projects.  Total, Chevron, Statoil and BP […]
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Shale vs. Deepwater Exploration Part II: The Risks [Gaille Energy Blog Issue 62]

  • Posted by scottgaille
  • On January 17, 2018
  • 0 Comments
  • shale versus deepwater risk
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 week’s issue elaborates on such risks based on my own experiences.  At Oxy and several […]
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Shale vs. Deepwater Exploration Rates of Return [Gaille Energy Blog Issue 61]

  • Posted by scottgaille
  • On January 8, 2018
  • 0 Comments
  • deepwater versus shale
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, the single largest expansion of offshore oil and gas leasing ever proposed by the federal […]
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Gaddafi’s Violent Legacy Continues to Haunt Libya’s Energy Industry [Gaille Energy Blog Issue 60]

  • Posted by scottgaille
  • On January 1, 2018
  • 0 Comments
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 with the internationally backed government.  Oil was trading at more than $65 (€55) a barrel […]
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France Passes Law Banning Fossil Fuels [Gaille Energy Blog Issue 59]

  • Posted by scottgaille
  • On December 25, 2017
  • 0 Comments
  • france ban climate
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 middle of France, just east of Paris.  The EIA estimates that France has among the […]
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