https://feeds.thelocal.com/ Read the latest news and views from Denmark in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed After fuelling hopes of independence from Denmark at the turn of the millennium, the Faroe Islands' dreams of an oil bonanza have turned out to be more of a mirage than a miracle. https://www.thelocal.dk/20180621/oil-in-the-faroe-islands-mirage-or-miracle Thu, 21 Jun 2018 14:56:04 +0200 oil-in-the-faroe-islands-mirage-or-miracle French oil giant Total said Monday that it would buy Maersk Oil, a unit of Danish shipping giant A.P. Moller-Maersk, for $7.45 billion (6.35 billion euros). https://www.thelocal.dk/20170822/frances-total-to-buy-maersk-oil-for-billions Tue, 22 Aug 2017 10:51:02 +0200 frances-total-to-buy-maersk-oil-for-billions The Faroe Islands, a Danish autonomous territory, will resume its search for oil soon, launching the fourth licensing round for exploration since 2000 and the first since 2008. https://www.thelocal.dk/20170420/faroe-islands-resume-search-for-oil-riches Thu, 20 Apr 2017 18:38:34 +0200 faroe-islands-resume-search-for-oil-riches Clean-up efforts off the eastern coast of Jutland are underway but are expected to last several days, officials said on Wednesday. https://www.thelocal.dk/20150422/3000-liters-of-oil-spill-into-danish-fjord Wed, 22 Apr 2015 17:54:05 +0200 3000-liters-of-oil-spill-into-danish-fjord Denmark has plans to be fossil-fuel free by 2050 but until then it is going to suck every possible drop of oil out of the North Sea, the climate minister said. https://www.thelocal.dk/20150213/denmark-suck-oil-out-of-the-north-sea Fri, 13 Feb 2015 12:56:00 +0100 denmark-suck-oil-out-of-the-north-sea Dropping oil prices cause Denmark to slip into a recession but economists stress that it is "good news for the Danish economy" and not a sign that the nation is "about to be caught in a vicious deflationary spiral". https://www.thelocal.dk/20150210/denmark-slips-into-deflation-as-oil-prices-drop Tue, 10 Feb 2015 14:30:00 +0100 denmark-slips-into-deflation-as-oil-prices-drop The Danish government on Thursday slashed its growth outlook for this year and the next, citing weak eurozone demand for exports and stagnant household spending. https://www.thelocal.dk/20141211/denmark-cuts-growth-forecast-as-export-demand-falls Thu, 11 Dec 2014 14:16:00 +0100 denmark-cuts-growth-forecast-as-export-demand-falls The Danish government's 2015 budget calculations are built upon the ability to sell North Sea oil at $110 a barrel, but oil prices have fallen below $70 a barrel and economists warn of a massive budget deficit. https://www.thelocal.dk/20141128/falling-oil-prices-can-sink-denmarks-budget Fri, 28 Nov 2014 10:25:01 +0100 falling-oil-prices-can-sink-denmarks-budget