Janhil Perez

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Oil And Gas Industry Fueling Jobs For Labor Day Weekend

The energy industry is giving the economy the spark that it needs this Labor Day weekend — an upsurge fueled by the increase in shale oil and shale gas production. The boost is creating jobs and economic openings, while keeping a lid on gas prices in turbulent times.<p>The kinds of drilling …

Four problems that irritate Amazon, but threaten Alibaba’s existence

Included in Alibaba’s highly anticipated IPO filing was a reminder that despite the benefits and wealth it has reaped from China’s massive population, being a Chinese corporate giant—particularly one based on the internet—isn’t a walk in the park.<p>In its filing, Alibaba reminded investors of some of …

HiLoad FLNG Offloading Operation

<b>HiLoad LNG, a unit of Sevan Marine, posted a video showing an offloading operation from a floating LNG vessel to an LNG tanker.</b><p>The proprietary HiLoad …

If the BRICs are crumbling, nobody told their stock markets

Brazil was just downgraded. Russia’s profitable oil-and-gas pipelines are under threat after its Crimea caper. India’s growth rate is half what it was a few years ago. China is trying to forestall a possible “Bear Stearns moment.”<p>Investing in the club of large, up-and-coming nations known as the …

G-7 nations to meet in Brussels instead of Sochi, without Russia

THE HAGUE – President Obama and six other world leaders said Monday that they would not meet at the so-called Group of Eight summit in June in Sochi, Russia, and instead would convene at that time in Brussels, without Russia, to discuss the "broad agenda we have together."<p>Obama called the meeting …

MPs from all parties getting cold feet on adopting new powers

The 338 MPs of the 42nd Parliament will have the opportunity this week to formally adopt new powers – the question is, will they view the changes as in their political interest?<p>Already, the NDP is signalling that it likely won't support all or any of the new provisions in the Parliament of Canada …

Will Exxon's 'Bromance' With The Kremlin Help Keep Putin In Check?

ExxonMobil CEO Rex Tillerson has a good relationship with Vladimir Putin. If you do a Google image search for the two men, you’ll see a dozen shots of them together, looking in each others’ eyes, smiling, laughing, shaking hands.<p>They have a lot in common. Both men run autocratic, secretive, …

Russian parliament moves to ratify Crimea takeover as Europe, U.S. weigh more sanctions

March 21, 2014<p>Friday<p>March 19, 2014<p>March 18, 2014<p>March 16, 2014<p>A day after Russia effectively absorbed Crimea, Russian-backed forces on Wednesday broke into the Ukrainian naval headquarters in the key Crimean city of Sevastopol and raised the Russian flag.<p>After an ultimatum to abandon the base and …

Obamacare Sign-Ups Hit 5 Million

With less than two weeks to go before the end of open enrollment, the Obama Administration says 5 million people have signed up for new health care …

Shell to cut Americas upstream spending by a fifth

LONDON (Reuters) - Royal Dutch Shell (RDSa.L) said on Thursday it was cutting spending on American upstream by a fifth this year after losses in resources plays such as shale in yet another step by an oil major to reduce exposure to the booming industry.<p>A logo for Shell is seen on a garage …

Harvey Weinstein, 'Big Oil', And Rational Tax Policy

Last week saw a couple of news events that caught my attention and made me think about how silly our societal priorities have become.<p>The first event was the Obama Administration’s release of its annual federal budget plan which, for the sixth consecutive year, proposed the repeal of every tax …

Oil ends below $98 at lowest level in over a month

SAN FRANCISCO (MarketWatch) -- Oil futures fell 2% on Wednesday as a much bigger-than-expected jump in weekly inventories and a planned sale of crude …

Obamacare Deadline Looms as Sign-Ups Hit 4.2 Million

President Barack Obama appealed to uninsured Americans to sign up for medical coverage before a March 31 deadline while his administration said 4.2 …

The Weekly Oil & Gas Follies

<b>The Weekly Oil and Gas Follies – Volume 35, March 3, 2014</b><p><b>In which we drill down into the @GDBlackmon Twitter feed to briefly chronicle the week’s silliness, shenanigans, fake news and real news related to the oil and natural gas industry.</b><p><b>This week’s Follies begin with a selection from our Tales of</b> …

Agua Caliente Solar Project

Gasoline prices will spike, but it won’t be solely because of Ukraine

Obama Budget Proposal: Tie Tax Hike For Rich To Cuts For Middle Class

President Barack Obama’s proposed 2015 budget would raise taxes on many wealthy individuals while providing an estimated 13.5 million Americans a tax …

Oil, natural gas slip as traders assess supplies

SAN FRANCISCO (MarketWatch) -- Oil futures finished with a slight loss on Thursday as traders continued to assess data released a day earlier, …

Fourth-quarter economic growth cut to 2.4%

WASHINGTON -- Fourth-quarter economic growth was revised down sharply Friday to 2.4% as new data showed consumers opened their wallets less in the face of severe weather and businesses sold fewer goods abroad than initially estimated.<p>The new figures indicate the recovery had less momentum heading …

California Is Finally Set to Get Rain, But It Won't Quench the Drought

How extreme is the drought in California? Right now the federal government says that every square mile of California is in some state of drought—and …