Topic: North Sea
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Where gas prices are highest
Gasoline is a very visible price, and closely watched by many drivers. Petroleum prices impact many products, from food to industrial production. While the cost of crude is the major factor in gasoline price volatility, some countries levy taxes on fossil fuels. Here are ten countries where high gas prices are the norm, according to British insurance firm Staveley Head.
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Photos of the Day: Photos of the day 06/07
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In Pictures: China's military muscle
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Photos of the Day: Photos of the Day 06/30
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Photos of the Day: Photos of the Day 04/26
All Content
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Chef killed over meal? Japanese chef's death under investigation in Germany.
Prosecutors say Miki Nozawa died Monday following a brawl with the two men at a nightclub near his restaurant on the North Sea resort island of Sylt.
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Blue crabs in Maine? Something fishy about global warming.
Warming oceans are changing the mix of species in the world's fisheries, according to a new study. Marine-ecosystem models have indicated that this could be an effect from global warming.
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Energy Voices Statoil eyes major new North Sea oil discovery
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.
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Has Britain 'got it right' with Margaret Thatcher's $15 million funeral?
The late prime minister's London funeral Wednesday, while falling just short of a full state ceremony, will command a hefty price tag, leaving some Britons less than pleased.
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Energy Voices How North Sea oil helped Margaret Thatcher
While Margaret Thatcher was reforming Britain's economy, new oil discoveries in the North Sea were turning the nation into an energy powerhouse. The surge in resources and employment softened the oil-price shocks of the late 1970s and helped Prime Minister Thatcher pull the country out of economic stagnation.
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Energy Voices Behind the oil boom lurks oil well depletion
Recent oil discoveries sound large, Cobb writes, but, when put into the context of how much we consume, they won’t extend the oil age by much. Current oil wells are constantly being depleted.
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Sardines in India latest indicator of how your food is on the move
Mumbai’s new sardine bounty is an example of how warmer temperatures may be redrawing the world’s geographic distribution of food with potential implications for what and how we eat.
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Deal at Czech nuclear power plant fuels US-Russia economic rivalry
Companies with ties to the US and Russia are battling for a contract to expand a Czech nuclear power plant, which analysts say may be the gateway to kickstarting other nuclear power projects in Eastern Europe.
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Energy Voices Why globalization is energy intensive and wreaks havoc on oil prices
Globalization uses up finite resources like oil and coal more quickly, Tverberg writes. It also increases carbon dioxide emissions and acts to increase world oil prices, she adds.
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Energy Voices BP eyes Tanzanian natural gas assets
Executives from oil giant BP recently descended on Tanzania with a request to pursue natural gas investments and try their luck in a venue that has become one of the biggest gems in the region, Alic writes.
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Energy Voices BP Energy Outlook: why the oil giant's forecasts are flawed
The BP Energy Outlook 2030 is not a statistical or scientific document, Cobb writes, but rather a political one. It is not a statement about the way the world is so much as about the way BP wishes it to be over the next 20 years, he adds.
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Capabilities of U.S. missile shield questioned
Studies by the Defense Department, as well as the Russian government, question whether a US defense system planned for Eastern Europe would ever be able to intercept missiles from Iran.
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Change Agent Reviving Europe’s biodiversity with exotic animals
Scientists are bringing back long-lost species, such as water buffalo, to encourage the spread of native plants that fare poorly in Europe’s human-dominated landscape.
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Cargo ship sinks in North Sea, search continues for survivors
Search planes, helicopters and ships were heading to the area to resume the search Thursday morning, but the icy conditions made survival virtually impossible.
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Energy Voices Wind power: an interview with president of Shell Wind
Dick Williams, the president of Shell Wind, discusses a range of topics with Consumer Energy Report, including the current state of the wind industry and how Shell is positioning itself to be the energy company of the future.
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Focus How will New York keep out a rising sea? Dikes, huge sea wall, oyster beds?
After superstorm Sandy, New York officials look for long-term solutions against future floods from storm surges. Many options, little consensus.
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Global News Blog Who is new Archbishop of Canterbury Justin Welby?
As a former oil executive turned Anglican bishop, the new archbishop followed an atypical path to leadership of the Church of England.
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Opinion: Scotland independence movement sends dangerous message
Scotland's Alex Salmond and British Prime Minister David Cameron signed the 'Edinburgh deal' – allowing Scotland to hold a referendum vote on independence in 2014. As Europe's bonds are tested, the push for Scottish independence sends a dangerous 'go it alone' message.
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The Reformed Broker EU snags the Nobel Peace Prize. Now what?
There are good years and there are bad years for the Nobel Peace Prize, Brown writes. What will the prize mean for the future of the European Union?
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Stocks slump after weak IMF report
Stock traders were discouraged by an International Monetary Fund report released overnight that said the global economy was weakening. Energy stocks were the only major group in the S&P 500 to finish higher.
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Land of opportunity for Southern Europeans? Germany.
German businesses are turning to Spaniards, Greeks, Italians, and others from high-unemployment eurozone countries. But immigrants may find themselves in remote areas – and struggling with the language.
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Unexploded bombs lurk off US coast
Disposed World War II explosives and munitions in the Gulf of Mexico pose a threat to offshore oil drilling, according to Texas oceanographers.
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Energy Voices Is the world economy suffering from 'high-priced fuel syndrome'?
The major issue for many countries is that oil is becoming too expensive for the economy to afford, Tverberg writes.
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US urges calm in China-Japan dispute (+video)
US Defense Secretary Leon Panetta expressed concerns over growing tensions between China and Japan over a group of uninhabited disputed islands in the East China Sea.
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Prospect of new wave of austerity looms over Britain
New data show Britain's tax receipts down and government borrowing up in July, prompting criticism that Cameron's Conservative government is doing 'too little, too slowly' to engineer an economic recovery.
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