Scott Shields Katy Energy

BlackRock is evaluating cryptocurrencies, CEO Fink says FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson Reposted by Scott Shields Katy, Scott Shields Houston, www.morganshields.com July 16, 2018 By Trevor Hunnicutt NEW YORK (Reuters) – BlackRock Inc <BLK.N> Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand. “We are a big student of blockchain,” Fink said in an interview with Reuters. Adding that he doesn’t see “huge demand for cryptocurrencies,” the company has a working group studying it. Any move to invest in cryptocurrencies or to use blockchain by BlackRock would mark a pivot for the company and a major institutional endorsement for the insurgent tech...

This Firm Just Turned a Company's Stock Into Cryptocurrency Reprinted by:  Scott Shields Katy, Texas and Morgan Shields Consulting, LLC Morgan Creek Blockchain Capital is fully tokenizing Anexio, an IT company in Raleigh.   Jack Taylor—Getty Images By  LUCINDA SHEN   May 18, 2018 As regulators crack down on initial coin offerings, venture firm Morgan Creek Blockchain Capital is going forward with its own offering. But it’s  of a different kind.  The asset manager announced that it had turned the paper shares of Raleigh, N.C.-based cloud storage firm  Anexio  security tokens. Anexio is hoping to raise $40 million by offering those Ethereum-based tokens, representing equity, to accredited investors. T okenization, its supporters say, removes the middleman advisor  or banker from a transaction, allowing a company to sell shares more cheaply, with less regulatory paperwork, and more quickly. In the longer-ter...

Chinese entities eyeing $43 billion Alaska LNG send large delegation to study project   Author:   Alex DeMarban    Updated: 2 days ago    Published 2 days ago Share on Facebook Share on Twitter Share via Email Share on Tumblr Share on Reddit Share on LinkedIn Share on Google Plus Print article A large delegation representing the three China-owned entities that might invest in Alaska's $43 billion gas line project visited Prudhoe Bay and other key project sites this week in what state officials called a sign of China's strong interest. The 38-person group represented the Bank of China, oil company Sinopec and sovereign wealth fund China Investment Corp., said Keith Meyer, president of Alaska Gasline Development Corp. "This was their first opportunity to send a large technical team to (study the project)," said Meyer. "We were pleasantly surprised at how large the group grew." Li...

Chinese lender gets in line behind Alaska LNG project The Bank of China and Goldman Sachs to help raise equity to fund a project slated for first deliveries in 2025. By  Daniel J. Graeber   |  March 28, 2018 at 5:58 AM 0  Comments A Chinese bank joined Goldman Sachs in agreeing to help raise equity for a natural gas project in Alaska. Rendering courtesy of Alaska Gasline Development Corp. March 28 (UPI) --  A major Chinese bank is among the financial entities tasked with raising equity to develop a liquefied natural gas project in Alaska, the developer said. Alaska Gasline Development Corp. wants to build pipelines and associated infrastructure to process state gas into liquefied natural gas, a super-cooled form of gas that has more maneuverability than other piped resources. The project includes an 807-mile pipeline across Alaska. The Alaskan company announced late...

Energy Here are 5 big questions about Alaska’s gas line deal with China   Author:   Alex DeMarban ,  Nathaniel Herz    Updated: November 9, 2017    Published November 9, 2017 The Sinopec logo is seen at one of its gas stations in Hong Kong. (REUTERS/Bobby Yip/2010 file photo) Share via Emai Prin Repost by www.morganshields.com  Gov. Bill Walker on Wednesday heralded an agreement between Alaska and three Chinese entities to advance the state's $43 billion gas-export project as the most  "significant step"  in the state's quest to sell its North Slope gas. But the apparently nonbinding deal, signed in Beijing as the U.S. and Chinese leaders watched, raises plenty of questions. And the agreement itself won't be publicly released until next week, leaving lawmakers, analysts and others unsure of its significance. Is this the real deal? ...