Isreal and Egypt are working together on a major offshore drilling gas deal.
The Houston Chronicle report that, "A deal to pipe natural gas from Israel’s Tamar gas field to Egypt may spur development of a larger reserve nearby, benefiting partners in both discoveries. Noble Energy of Housto said earlier this month it signed a non-binding agreement of intent to sell offshore gas from Tamar to Union Fenosa Gas SA’s liquefied natural gas plant in Egypt, which will export it. Shares in Noble’s Israeli partners in Tamar — Delek Drilling LP, Avner Oil Exploration LP and Isramco Negev 2 LP — rose to record highs after an oversubscribed $2 billion May 11 bond offer to develop the Leviathan field to the north."
BEIJING: The Dallas Blog's Tom McGregor is proud to announce his first novel published on Amazon Kindle. McGregor is quoted as saying that, "It was a thrill to write my first novel in China since I can observe the country and its culture with closer examination. I hope that readers will get a better understanding of the real China."
According to Kindle, "In the novel, CEO Matthew Kim of Sino-Drillers, China’s largest privately-owned oil & gas company, intended to retire and announced his successor plans. Yet in a surprising development, he selected two executives to compete against each other for the leadership role. That’s when the sparks were flying as office politics drama and mayhem ensued …"
Brazilians are rioting on the streets to express their disgust at their country hosting the World Cup this summer.
According to the BBC News, "Riot police in Brazil have fired tear gas to disperse thousands of protesters in Sao Paulo and Rio de Janeiro who marched against the cost of hosting the football World Cup. Some demonstrators hurled stones while other burned tyres and blocked roads."
President Barry Obama is threatening to shut down oil refineries in Texas.
The Houston Chronicle is reporting that, "Texas environmental advocates are applauding a new proposal to reduce oil refinery pollution by forcing operators to adopt new technology that better monitors and controls emissions. If adopted, the rule would mark the first change to the industry's emission standards in nearly two decades."
The World Health Organization (WHO) is refusing to issue a health emergency alert on the deadly MERS virus, otherwise known as Camel Flu.
Reuters reports that, "Concern about the deadly new Middle East Respiratory Syndrome (MERS) virus has "significantly increased" but the disease does not yet constitute a global public health emergency, the World Health Organisation (WHO) said on Wednesday."
President Barry Obama has his phone and pen handy to demand that hardcore Democrats from New York, San Francisco and L.A. re-settle in North Dakota to transform the Red Republican state into ObamaLand.
Acording to Reuters, "President Barack Obama has a modest, tongue-in-cheek suggestion for people in New York City who support his agenda: move to North Dakota."
Apparently, black trumps feminism at the New York Times. The newspaper fired Jill Abramson as its managing editor and she was replaced by Dean Baquet, an African American journalist.
The BBC News reports that, "In a surprise move, the New York Times newspaper has announced that it has replaced executive editor Jill Abramson - the first woman to lead the paper - with immediate effect. Dean Baquet, 57, the paper's managing editor, has been named as the replacement."
Former Treasury Secretary Timothy Geithner had composed in his memoirs that the White House asked him to lie about Social Security. However, he is now claiming that he lied about lying.
According to Fox News, "Treasury Secretary Timothy Geithner claimed in his newly published book that the White House tried to put words in his mouth -- but now that those words are coming back to haunt him, he appears to be trying to rewrite his story. In an interview with Fox News' Bret Baier, the former Obama Cabinet member denied that the White House attempted to get him to mislead the public."
Where's Hillary Clinton? She's considered the front-runner for the Democrat Party nomination for President in 2016. However, she has cancelled some public appearances, such as in San Diego, Ca., a few weeks ago and is reluctant to hold daily press confereneces with reporters. Her health appears to be failing her.
The Washington Post reports that, "The injury that Clinton suffered has been the subject of speculation by both her friends and her enemies. Her doctors said that she had become severely dehydrated with an intestinal infection and fainted,."
Russia has no plans to super-size its bureaucracy. As a matter of fact, they plan to layoff over 10% of the public servants workforce.
ITAR-TASS reports that, "Russian Prime Minister Dmitry Medvedev has instructed the Finance Ministry to prepare and submit proposals by July 1, 2014 to lay off 10% of public servants, said the government official website which posted Medvedev’s instructions upon results of his annual report on government’s working results in 2013 at the State Duma."