Scott Shields Katy Houston Texas Energy Blog

Blackstone CEO Stephen Schwarzman: How to prioritize problems in a business Facebook Twitter Comments Print Email By Blair Shiff Fox Business Reposted by Scott SHields Katy, Scott Shields Houston, www.morganshields.com How to solve a problem in your company Blackstone CEO Stephen Schwarzman shares the best way to solve a problem. Problems arise constantly in businesses, but an effective leader knows not only how to solve each one but how to prioritize them. Stephen Schwarzman , chairman, CEO and co-founder of the largest alternative investment firm in the world Blackstone , told FOX Business the best way to solve a problem. "I think about what the one or two critical factors are," Schwarzman said. "What's creating this issue and how do I figure that out?" He said by determining the root cause of the issue, sometimes it's easier to solve it. Also, he shared it's crucial to determine which problem is the most...

SUSTAINABLE BUSINESS AUGUST 20, 2019 / 1:14 AM / UPDATED 4 HOURS AGO Climate change could rain on Saudi Aramco's IPO parade Clara Denina, Sinead Cruise, Rania El Gamal, Simon Jessop 11 MIN READ LONDON/DUBAI (Reuters) - Saudi Aramco’s biggest asset could also be a liability. Reprinted by Scott Shields Katy, Scott Shields Houston, www.morganshields.com FILE PHOTO: An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia, May 21, 2018. REUTERS/Ahmed Jadallah/File Photo The state energy giant’s vast oil reserves – it can sustain current production levels for the next 50 years – make it more exposed than any other company to a rising tide of environmental activism and shift away from fossil fuels. In the three years since Saudi Crown Prince Mohammed Bin Salman first proposed a stock market listing, climate change and new green technologies are putting some investors, particularly in Europe and the United States, off the oil and gas se...

BUSINESS NEWSAUGUST 12, 2019 / 1:24 AM / UPDATED 20 MINUTES AGO Saudi Aramco aims to buy Reliance stake, reports 12% earnings slide Rania El Gamal, Saeed Azhar 6 MIN READ. Reposted by Scott Shields Katy, Scott Shields Houston DUBAI (Reuters) - Saudi Aramco is planning a blockbuster investment in Reliance Industries (RELI.NS), the Indian firm announced on Monday, as the energy giant diversifies its business, where weaker oil prices pared its first-half profit by 12%. State-run Aramco disclosed its closely guarded financials for the first time earlier this year, revealing its 2018 earnings in order to obtain a public rating and start issuing international bonds. The world’s top oil producer plans to launch an initial public stock offering or IPO by 2020-2021, having postponed its flotation from 2018. Aramco signed a letter of intent to take a 20% stake in Reliance’s oil-to-chemicals business in one of the largest ever foreign investments in India, Reliance said. Aramco is expanding ...

Surf’s Up: Second wave of LNG is here The long-anticipated “second wave” of liquefied natural gas projects is here as tsunami of final investments decisions get made and construction contracts awarded, executives and analysts said. With construction of export terminals sanctioned during the first wave nearing completion, a second round of large LNG export projects are planned from the Texas Gulf Coast to Africa to the Arctic Circle. A joint venture between Exxon Mobil made a final investment decision in February on the $10 billion Golden Pass LNG export terminal in the southeast corner of Texas. The Woodlands oil and gas company Anadarko reached a final investment in June for the its $20 billion offshore Mozambique LNG project in southeast Africa. Earlier this week, Russian natural gas company Novatek awarded a $7.6 billion construction contract to oilfield service company TechnipFMC to build the Arctic LNG 2 export terminal on the Gydan Peninsula of Siberia. The Arctic Circle pr...

Trump executive order will aim to prevent states from blocking pipelines, energy infrastructure PUBLISHED TUE, APR 9 2019 • 8:02 PM EDT UPDATED WED, APR 10 2019 • 11:35 AM EDT Tom DiChristopher @TDICHRISTOPHER KEY POINTS Some states are using authority under the Clean Water Act to block fossil fuel pipelines and infrastructure.President Donald Trump will sign an executive order that seeks to limit states’ ability to delay construction.The same executive order contains several other provisions to promote energy infrastructure development. 📷 President Donald Trump holds up a signed executive order to advance construction of the Keystone XL pipeline at the White House in Washington January 24, 2017. Kevin Lamarque | Reuters. Reposted by Scott Shields Houston, Scott Shields Katy. President Donald Trump will issue an executive order that aims to prevent states from blocking pipelines and other energy infrastructure by using authority granted to them under the Clean ...

Fidelity, the $2.5 trillion Wall Street giant, is launching a brand new institutional brokerage and custody business for crypto by  Frank Chaparro 4 weeks ago  ·  4 min read  Reposted by Scott Shields Houston, Scott Shields Katy Twitter Facebook LinkedIn Link QUICK TAKE Fidelity has announced they will launch crypto custody and institutional brokerage offerings through a brand new business next year.  Fidelity Digital Assets was announced at an industry conference by Tom Jessop, head of corporate business development at Fidelity.  The Block  sat down with Jessop to get the inside look before the announcement.  Fidelity, the $2.5 trillion asset manager, is diving into the world of crypto with a brand new digital assets business. The financial-services firm, which is known for its retail-brokerage and 401(k) offerings, announced Monday its cryptocurrency custody and brokerage solutions for institutions. ...