Investments

Investments
Friday, May 20th 2016 - 06:48 UTC

Argentina reassures China bilateral cooperation remains a priority for the Macri administration

After a meeting with her Chinese counterpart Wang Yi, Argentine Foreign Minister Susana Malcorra said investment projects with China would go ahead.

Argentina on Thursday sought to reassure China that bilateral cooperation remained a priority for its new government amid growing concerns over political changes in the South American country. After a meeting with her Chinese counterpart Wang Yi, Argentine Foreign Minister Susana Malcorra said investment projects with China would go ahead.

Thursday, May 19th 2016 - 06:33 UTC

Falklands' Rockhopper announces double contingent oil reserves: over 300m barrels

Rockhopper owns more than 50% of two oilfields, Sea Lion and Isobel Elaine, which are now estimated to hold 747 million barrels of oil and gas reserves

Falkland Islands oil and gas producer Rockhopper Exploration Plc has announced that its net contingent oil reserves have doubled to more than 300 million barrels, and independent experts are now eyeing this as nearly billion-barrel basin.

Tuesday, May 17th 2016 - 06:23 UTC

Falklands hopeful of improved relations with Argentina, Gilbert House tells BIMR conference

Cherie Clifford, MLA Dr. Barry Elsby meet CPA Secretary General Akbar Khan at the States of Assembly in the island of Jersey

Falkland Islands remains hopeful of improved relations with the new administration of Argentina and cooperation in the many areas of mutual interest such as fisheries and connectivity, but sovereignty of the Falklands is not for negotiation, reads the Gilbert House report to the 46th British Isles and Mediterranean Region Conference, which opened on Sunday in Jersey.

Monday, May 16th 2016 - 18:49 UTC

Venezuelan soldiers steal goats because no food is left in the barracks

The incident was reported by El Nacional on its Sunday edition, with six soldiers detained by local authorities

The situation in Venezuela has become so bad that even soldiers are struggling to support themselves. Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported on Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.

Monday, May 16th 2016 - 18:45 UTC

Petrobras implosion takes a major player from the floating production systems market

Petrobras’ situation needs to stabilize and begin improving before the company can again be a major driver of production floater contracts.

Brazil´s Petrobras problems has taken a major player from the market for new floating production systems in the oil business, according to a report from the industry. In effect absence of new contracts has forced fabricators and equipment suppliers to make huge cutbacks in personnel and spending and the past 12 to 18 months have been a difficult period the whole deepwater production sector.

Thursday, May 12th 2016 - 08:21 UTC

St. Helena airport certified, which brings opening day closer

St Helena’s first Aerodrome Certificate is valid until 9 November 2016, at which point the Airport will need to be re-certified.

British Overseas Territory St. Helena achieved a major milestone on Tuesday when Air Safety Support International (ASSI) issued an Aerodrome Certificate to brand new St Helena Airport - having been satisfied that the Airport infrastructure, aviation security measures and air traffic control service complies with international aviation safety and security standards. This follows a final inspection of the Airport by an ASSI team last month.

Saturday, May 7th 2016 - 08:13 UTC

London has its first Muslim mayor: ex human rights lawyer and son of a Pakistani bus driver

London pitted Khan, 45, who grew up in public housing in inner city London, against Conservative Zac Goldsmith, 41, the son of a billionaire financier.

Sadiq Khan, the son of a bus driver, became London's first Muslim mayor on Saturday, despite a Conservative challenger who attempted to link him to extremism and securing a much-needed win for his opposition Labour Party. Khan's victory, which also makes him the first Muslim to head a major Western capital, was confirmed shortly after midnight following a day of mixed news for Labour in elections elsewhere in the United Kingdom.

Saturday, May 7th 2016 - 06:20 UTC

Lord Price said UK and Argentina at the start of a new era of bilateral relations

Lord Price had a full two-day agenda in Buenos Aires including government and private contacts. The UK delegation also visited the Buenos Aires Stock Exchange

British Trade and Investment Minister, Lord Price said that Argentina and the UK are at the beginning of a new era in bilateral relations and in an excellent position to turn common interests into concrete business interests. Lord Price together with a mission of UK top business leaders ended on Friday a two-day visit to Argentina, the first in ten years.

Friday, May 6th 2016 - 23:57 UTC

Falklands have built and occupied over 126 houses from 2012 to 2015

 Director of Public Works Colin Summers said he expected there to be a drop-off in new houses this year in the capital Stanley.

More than 126 houses have been built and occupied in Stanley, capital of the Falkland Islands during the last four years with an increase from 10 in 2012 to 51 in 2015 with a third of the total builds being by Government.

Thursday, May 5th 2016 - 16:53 UTC

COSCO's “Andronikos” will make the first ceremonial transit of Expanded Panama Canal

“It is a great honor to have one of our top customers celebrates this historical moment with us,” said Panama Canal Administrator, Jorge L. Quijano.

China COSCO Shipping has won the draw for its container vessel Andronikos to make the ceremonial first transit through the Expanded Panama Canal during the waterway's inauguration on Sunday, June 26. The vessel, which has a maximum capacity of 9,400 TEUs, is 48.25 meters in beam and 299.98 meters in length.

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