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...outside Norway, the competition is fierce. As the world's demand for energy swells, petroleum-pumping countries like Russia and Venezuela "are asserting a higher degree of national control over [oil and gas] developments and leaving less room for non-national companies to participate," says Peter Mellbye, StatoilHydro's head of international exploration and production. While key Middle Eastern nations have long held their domestic oil companies and development projects in a tight grip, a more protectionist stance among energy powers elsewhere has, Mellbye says, "fundamentally changed the picture...

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

...black market; a large, balanced set of elk antlers, $10,000. In Japan, black bear gallbladders, treasured as an aphrodisiac, are literally worth their weight in gold. The illegal reptile, amphibian and snake markets in Southern California and Florida have been growing as well because of heightened collector demand in Asia...

Author: /time Magazine | Title: Hunting Big Game in Urban Areas | 10/11/2007 | See Source »

Despite the demand for anticorrosion expertise, Schutt says the barriers to entering the field are rising because of clients' requirements for insurance, operator qualifications, strict quality control and a documented safety program. It's not surprising, then, that companies wanting to enter the fray see acquisition as a viable option. In early 2005, Det Norske Veritas (DNV), an independent Norwegian foundation that's a global provider of risk management, acquired CC Technologies (CCT), a corrosion-engineering company with a strong research division, based in Dublin, Ohio. With 2006 revenues of $20.6 million--a $10 million increase over its 2003 sales...

Author: /time Magazine | Title: Pipe Dream | 10/11/2007 | See Source »

...traditional program is in the development stage at Ohio's University of Akron, which is planning to offer the country's first corrosion-engineering bachelor's degree program. Luis Proenza, president of the university, says the program's first students could be admitted as early as fall 2009. The demand is coming from both sides--the pipeline owners and operators, and the corrosion-prevention-service companies. "This market is going to grow exponentially," Proenza says. Rust, you have been warned...

Author: /time Magazine | Title: Pipe Dream | 10/11/2007 | See Source »

...HoCo receives per semester from the UC comes from the optional student activities fee included in each student's termbill. In previous semesters, this amount was allocated to the HoCos as an upfront lump sum to be used at their discretion for House events. However, following the administration's demand that the UC terminate its in-room party grants program last week and the Council's defiance of this decision, the issue of whether HoCos and student groups would continue to receive upfront funding came into question during Tuesday's meetings between UC Executive Board members and administrators...

Author: By Aditi Banga and Victoria B. Kabak, CRIMSON STAFF WRITERSS | Title: Changing Course, College Agrees to Upfront HoCo Funding | 10/11/2007 | See Source »

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