Word: reiten
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...week wasn't all sweet. Between the creation of StatoilHydro, as the company is known for now (the firm is still mulling over a permanent name change), and the royal ceremony, Reiten was generating headlines of his own. On the day of the merger, StatoilHydro announced it had launched a probe into the legality of approximately $7 million in consultancy fees and expenses Hydro paid as part of its oil operations in Libya. Although it has not disclosed the name of the consultancy Hydro paid or what laws it might have broken, StatoilHydro said the payments came to light during...
Quite an understatement. But for all the embarrassment of Reiten's early exit, StatoilHydro faces challenges that will linger long after this hubbub is over. StatoilHydro is operating in a market that has changed drastically since oil was first struck off the coast of Norway in the late 1960s. After waves of mergers in the U.S. and Europe, and with the growing dominance of nationally owned energy companies worldwide, the oil and gas industry is increasingly ruled by a handful of giants. Though StatoilHydro leads the world in offshore extraction, it's dwarfed by diversified behemoths like BP, Exxon-Mobil...
...week Eivind Reiten is unlikely to forget. On Oct. 1, the oil and gas arm of Hydro, an Oslo-based energy and metals company he was running, completed a $36 billion merger with Statoil, its beefier Norwegian rival, creating the world's largest offshore energy operator. Five days later, Reiten hosted his country's King and Queen in Nyhamna, a third of the way up Norway's west coast, at the official launch of a record-breaking gas production and processing project forged by Hydro to harness gas from 120 km away under the Norwegian...
...lineup features senior co-captains Jessica Reiten, Kerry Conway, and Jodee Thompson, a two-time all-Ivy pick. Even with the trio, though, Dartmouth has struggled to a woeful .214 team batting average in its Ivy tune-ups and will have to battle an improved Penn team to stay out of the league cellar...
Senior ace Danica Giugliano, a second-team all-Ivy selection, is coming off an impressive year in which she threw 15 complete games and tallied 100 strikeouts while maintaining a 1.24 ERA. Sophomore centerfielder Jessica Reiten has busted out of the gates, batting at a .438 clip in the Big Green’s first five games...