Word: analyst
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...helped bloat Norway's national pension fund to around $350 billion. But those good times couldn't last forever. With fields beginning to dry up, oil production has slid to 2.6 million bbl. a day this year, from 3.5 million six years ago, says John Olaisen, Oslo-based energy analyst at Carnegie, a Nordic investment bank. For Helge Lund, 44, formerly CEO of Statoil and now chief of the combined company, the message couldn't be clearer: "If we're going to grow the company," he says at StatoilHydro's office in Oslo, "we have to grow outside Norway...
...days). In full swing, the $9.2 billion project will pump up to one-fifth of Britain's gas. More than that, though, StatoilHydro's technological muscle on show at Ormen Lange can give it an advantage when bidding for projects in places like the Arctic, says Kjetil Bakken, an analyst at investment bank Fondsfinans in Oslo...
Adam Coffin, a research analyst for Rep. Jay Kaufman (D-Arlington), said the bill met with little opposition, despite the fact that states lack jurisdiction over foreign policy. It was passed by both houses of the state legislature, with considerable support from community activists and key legislators, Coffin said...
...Forecasting prices, however, has become an increasingly inexact science for analysts, as prices in recent months have galloped ahead of their worst predictions. Says Oswald Clint, a London-based analyst for Sanford Bernstein: "A year ago, our predictions for November 2007 were about $50 to $62 dollars a barrel" - at least $35 short of Tuesday's price. The oil-research firm predicts that expanded production will bring oil prices back to $70 a barrel by 2010. But to Birol, that sounds optimistic...
...turnout - the worst in the country's history - was widely interpreted as a sign that voters felt irrelevant to the political process. "It's not unusual for Morocco to whip up nationalist sentiment when it wants to create a distraction from the country's real problems," says analyst Amirah-Fernández. "But it's not a good sign...