Discovered resources globally of conventional oil and natural gas surpassed 4.5 billion barrels of oil equivalent in the first half of 2018, making for an exciting recovery with Guyana leading the way, according to analysis by Rystad Energy. Average monthly discovered volumes are 826 million barrels of oil equivalent. This is a 30% increase from 2017.
President Tsai Ing-wen will visit two of Taiwan's diplomatic allies, Paraguay and Belize, Aug. 12-20, Vice Minister of Foreign Affairs Jose Maria Liu said on Monday. On the trip, Tsai will make transit stops in the United States - in Los Angeles on first leg and in Houston on the return journey, Liu said.
Argentina's hydrocarbons company YPF is facing a fresh lawsuit in the United States, this time for US$14bn, which is twice the market value of the state oil firm, over alleged corporate restructuring that the company was said to have carried out several years ago.
Argentina and Spain have signed a fisheries and aquaculture bilateral cooperation Memorandum of Understanding. The MoU was stamped in Buenos Aires during the recent G20 Agriculture, Livestock and Fisheries ministerial meeting by Argentina's Luis Miguel Etchevehere and Spain's Luis Planas.
The planet's largest colony of King penguins has declined by nearly 90% in three decades, alarmed researchers said on Monday. The last time scientists set foot on France's remote Ile aux Cochons — roughly half way between the tip of Africa and Antarctica — the island was blanketed by two million of the flightless birds, which stand about a meter tall.
United States president Donald Trump declared on Monday that he would meet Iran's leaders “anytime they want,” an invitation for face-to-face dialogue with a country he had appeared to threaten with war only days before and an affirmation of Trump's faith in his brand of personal diplomacy.
The UK government must rethink devolution as a result of Brexit, a group of MPs have recommended. The process of leaving the EU has sparked a series of clashes between UK government ministers and their counterparts in Scotland and Wales.
Venezuela is taking steps to direct dwindling motor fuel to politically loyal vehicle owners. President Nicolas Maduro ordered a national census on 3-5 August to determine how many vehicle owners possess a homeland identity card, a document created in first quarter 2017 to strengthen the government's social and political surveillance capabilities.
The British Embassy in Guatemala hosted a forum bringing together local partners in the fight against the Illegal Wildlife Trade (IWT). Over the past decade, IWT has become a serious criminal industry fuelled by corruption, which has damaged economic growth and sustainable development, undermined good governance and the rule of law across the world, including here in Guatemala.
President Trump's chief economic adviser Larry Kudlow says that trade negotiations with the European Union are set to begin immediately following a meeting between Mr. Trump and European Commission President Jean-Claude Juncker. The two agreed to work toward zero tariffs and hold off on additional tariffs at the meeting at the White House on Thursday.