Falkland Islands representatives met with port of Vigo authorities to assess the infrastructure, services, development plans and competitiveness of the Galician fisheries terminal, one of the busiest and most efficient in the European Union, reports the Galicia media.
Argentina's state-run oil company YPF said it reached a preliminary deal with Royal Dutch Shell Plc to develop oil and gas assets in the Vaca Muerta shale field, involving a US$300 million investment from Shell.
The futuristic €450 million yacht at the centre of a €15.3m legal wrangle has been freed from admiralty arrest and sailed from Gibraltar early Wednesday morning. Sailing Yacht A weighed anchor at around 8.30am and sailed from the Bay of Gibraltar in rough seas bound for the Mediterranean, reports the Gibraltar Chronicle.
U.S. producer prices recorded their largest gain in more than four years in January amid increases in the cost of energy products, but a strong dollar continued to keep underlying inflation at the factory gate tame.
British ministers are braced for a parliamentary battle and are prepared for the Article 50 legislation to be rewritten by the House of Lords, David Davis has indicated. The Brexit Secretary said he expected some parliamentary “ping pong”, with the Bill being sent back and forth between the Commons and the Lords, suggesting he expected peers to defeat the Government and make changes to the tightly-worded legislation.
A state of the art longliner, the Falklands “CFL Hunter” was baptized and launched at the Nodosa de Marín shipyard in Pontevedra, in a ceremony that included representatives from Consolidated Fisheries, Falklands lawmakers plus members of the Galicia government and the yard.
Credit rating agency Standard & Poor’s on Friday raised its corporate credit rating on Petrobras, one notch, from B+ to BB-. The rating change does not lift Petrobras out of the non-investment grade category, but it lowers the risk from “highly speculative” to “speculative.”
Talks between Uruguay's government and Finnish pulp and paper maker UPM on a new pulp plant project in the Latin American country are proceeding, Uruguay's president Tabare Vazquez said on Monday.
Two managers from Newton Investment Management gave a presentation to the Falkland Islands elected government Standing Finance Committee (SFC) and members of the public on Wednesday on the Government’s investment portfolio.
Rockhopper Exploration plc has provided its latest operational and corporate update which includes the North Falkland Basin Sea Lion project and has announced that the technical engineering is approaching conclusion and a settlement on the Eirik Raude rig dispute has been reached.