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Still, a united front won't always be enough to eclipse StatoilHydro's biggest rivals. After the megamergers of the late 1990s - such as Exxon with Mobil and BP with Amoco - the Norwegian firm ranks as only the 10th largest in the world in production. StatoilHydro might churn out 1.9 million bbl per day, but that's less than half the daily output...

Author: /time Magazine | Title: Northern Might | 10/11/2007 | See Source »

Originally, the program was designed to churn out the first of more than 1,000 tilt-rotors in less than 10 years for $40 million each. But this was no conventional plane. The Osprey may cruise like an airplane, but it takes off and lands vertically like a helicopter. The technical challenge of rotating an airplane's wings and engines in midair led to delays, which in turn led to an ever higher price tag. As expenses rose, the Pentagon cut the number of planes it wanted to buy, which in turn increased the unit price. Citing rising costs...

Author: /time Magazine | Title: V-22 Osprey: A Flying Shame | 9/26/2007 | See Source »

...life begins to fade, another springs into existence. For so long, the Mekong Delta, despite its riverine abundance, has been scarred by a grueling cycle of war and poverty. Today, the area is welcoming Chinese investors, who have flocked to newly constructed industrial zones where Vietnamese factory workers churn out motorcycles, shoes and televisions. This year, a $1 billion industrial park funded by some 40 Chinese businesses is set to open near the South China Sea, providing jobs for tens of thousands of Vietnamese. Like the rest of the country, the delta has a booming young population that is profiting...

Author: /time Magazine | Title: A Bend in The River | 8/30/2007 | See Source »

...emissions. In January, when oil was passing the $55-per-bbl. mark, the President called for the production of 35 billion gal. of renewable fuels annually by 2017, which would reduce U.S. gas consumption 20%. The Energy Act of 2005 mandated a market for ethanol by asking refiners to churn out 7.5 billion gal. per year of the stuff...

Author: /time Magazine | Title: Corn-Powered in Yuma | 6/7/2007 | See Source »

...proteins onto this infectious ferry. Retroviruses, however, like HIV, can cause infectious diseases and are not always easy to control, so before testing this approach in humans, researchers need to find other modes of transport for the critical compounds. The good news is that they need the genes to churn out their proteins for a only brief period of time, so using less virulent viruses, such as the adenovirus (responsible for the common cold) or simply saturating the cell with growth factors and nutrients directly may work. "Technically, it should be possible to introduce genes or protein to reprogram cells...

Author: /time Magazine | Title: A Leap Forward for Stem Cells | 6/6/2007 | See Source »

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