The latest design of the Royal Navy's Type 26 Global Combat Ship (T26 GCS), the next generation of warships, was unveiled on Monday. The UK Ministry of Defence has released images showing the basic specification of the T26 GCS, which is a significant milestone in the development of this program.
The Falkland Islands government has appointed Macclesfield based consultancy Tyler Grange to undertake a landscape and visual impact assessment for a new harbour development near the capital Stanley.
Argentina has taken the first steps toward formally accusing the European Union of violating World Trade Organization rules in a dispute over restrictions on bio-fuels exports to the EU from the Mercosur member country.
Ecuador has reiterated its intention of joining Mercosur but this needs to be compatible with the rules from the Community of Andean Nations, CAN, (to which it now belongs) said Ecuadorean ambassador Horacio Sevilla Borja.
The AIM traded company Desire Petroleum said on Thursday it will seek industry partners to participate in the further exploration of the North Falkland basin based on the quality of its maturing prospect inventory.
Venezuelan oil sales to China have jumped by 60% since the start of the year, the country's oil minister said in an interview published on Sunday in the state-run Correo del Orinoco.
A Brazilian federal court has ordered the immediate suspension of work on the controversial Belo Monte hydroelectric plant, ruling that indigenous communities were not consulted. It was set to be the world's third-largest dam.
Brazil's state-managed energy giant Petrobras confirmed the presence of significant quantities of light oil in deep waters off the country's south-eastern coast. Petrobras said in a statement released late Monday that the high-grade oil was in the Carcara well, located 230 kilometres off the coast of the Sao Paulo state, in the BM-S-8 block.
Argentina’s nationalized YPF oil and gas corporation will issue bonds for 3.5 billion Pesos (760 million dollars) as part of its push to reduce fuel imports by investing in domestic output, the energy company said in a letter to regulators on Monday.
The incorporation of a major oil company is a sign of confidence in the future of the Falklands hydrocarbons industry and by any standards “absolutely fantastic”, said the Islands governor Nigel Haywood during an official reception at Government House for Rockhopper Exploration and their UK partners Premier Oil.