Statoil could be sitting on between 40 million and 150 million recoverable barrels of oil equivalent in the North Sea, the company announced last week. The 40-150 million recoverable barrels estimate is still under a “high degree of uncertainty”, Statoil said, with additional appraisals ongoing to confirm the findings.
Planetary carbon dioxide concentrations are the highest they've been in the past 800,000 years, an ignominious milestone for Earth Day 2013. Still, the world is making some progress toward addressing global warming.
Japan and Germany each announced goals last week to put more women in top company slots. Yet their approaches differ. And new research indicates gender qualities can't be stereotyped according to sexual differences. This suggests official bias based on sex could be misplaced.
On Wednesday, gay rights supporters celebrated the passage of a bill that will allow same-sex couples to marry for the first time in New Zealand. Though thousands of New Zealanders do not support the measure, polls show two-thirds do. Some say the bill may spur a boom in same-sex travelers from nearby Australia.
The change in New Zealand's law could pressure neighbors such as Australia to consider revising their laws.
High oil prices are good for oil exporters while low oil prices are good for oil importers, Tverberg writes. The result is a price tug of war between oil importers and oil exporters.