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...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...

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

...build an Iraqi army and police force has been a failure. Some units are pretty good, but most are unreliable, laced with members of various Shi'ite militias. This was clear from my conversations with U.S. combat officers on the ground in Baqubah, Baghdad and Yusufia. It became clearer when seven enlisted men serving in Baghdad wrote a very courageous Op-Ed piece in the New York Times on Aug. 19 in which they said, "Reports that a majority of Iraqi army commanders are now reliable partners can be considered only misleading rhetoric...

Author: /time Magazine | Title: The Next War in Iraq | 8/22/2007 | See Source »

...they discovered gene markers at six sites on five chromosomes that appear more frequently in those kids than in family members and other people without OCD. That study did not tease out how those genes do their damage, but another group has identified a seventh gene whose mechanism is clearer...

Author: /time Magazine | Title: When Worry Hijacks The Brain | 8/2/2007 | See Source »

...bursting into flames. Radio news correspondents didn’t know whether the plane had carried passengers or cargo, or the extent of the damage. “They don’t know anything!” yelled Laura. As we neared the crash site, the picture became clearer as the smoke grew darker. The plane had carried 176 passengers and people were trapped in the warehouse. The radio news program was tentatively blaming the crash on the runway’s lack of “grooving.” (Grooves cut into the pavement to allow...

Author: By Matthew S. Blumenthal | Title: Tragedy at Congonhas, As I Saw It | 7/20/2007 | See Source »

...back-and-forth between Paulison and lawmakers was tense, with repeated interruptions as they hammered home his agency's repeated failures. After Paulison said that the chairman's criticism was unfair because hindsight has made the situation clearer, Rep. Waxman responded, "Your own staff told you at the time there was a problem. That's not hindsight. That's a lack of foresight." Yet, despite striking testimony by victims and his seeming acknowledgment that mistakes were made ("we're recognizing that we may have something larger than just some individual cases"), Paulison still maintained that formaldehyde might...

Author: /time Magazine | Title: Grilling FEMA Over Its Toxic Trailers | 7/19/2007 | See Source »

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