Statoil ASA, Norway’s biggest oil and gas producer, will be more discriminating in picking exploration targets to reduce risk and control spending.
The Faroe Islands’ fight with the European Union over herring could spell higher borrowing costs as the 49,000-person North Atlantic archipelago struggles to cut deficits.
The government of the Faroe Islands derided as little more than “breadcrumbs” the European Union’s quotas as a fight over herring and mackerel fishing escalates.
The Faroe Islands, a tiny, windswept land halfway between Scotland and Iceland, is so barren its 50,000 inhabitants import almost everything except fish and sheep. Now it wants to leap to the frontier of genetic medicine.
Germany, Belgium and Switzerland secured their places at soccer’s 2014 World Cup, as defending champion Spain, England and Russia closed in on berths.
I sat clutching my wife’s hand, nodding, listening, and trying to breathe.
Northern Ireland beat Russia 1-0 in a qualifying match for next year’s soccer World Cup to end a 13- game winless run.
Exxon Mobil Corp. , the largest U.S. oil company, agreed to enter the Faroe Islands as it bought stakes in three exploration licenses from Statoil ASA.
Two Armenian soccer referees were banned for life for trying to manipulate the outcome of a Europa League match last month.
Italy and the Netherlands both won to become the first teams from Europe to qualify for the 2014 soccer World Cup.