Stories for April 2010

Saturday, April 17th 2010 - 03:04 UTC
Exxon-Mobil claims to have drilled the longest extended-reach well offshore

Exxon-Mobil has completed an extended-reach well offshore southern California, which it claims is the world’s longest extended-reach well drilled from an existing offshore fixed platform drilling rig.
Saturday, April 17th 2010 - 01:37 UTC
Ash cloud over Europe cancels 17.000 flights, costs carriers 200 million daily

Millions of passengers have been stranded in Europe as air traffic controllers cancelled 16.000 flights Friday after a huge ash cloud spread from an Icelandic volcano covering much of the northern continent.
Friday, April 16th 2010 - 23:40 UTC
US regulator accuses Goldman Sachs of defrauding investors

Goldman Sachs, the Wall Street powerhouse, has been accused of defrauding investors by United States’ financial regulator. The Securities and Exchange Commission (SEC) alleges that Goldman failed to disclose conflicts of interest.
Friday, April 16th 2010 - 10:04 UTC
Falklands: Rockhopper Exploration spuds Sea Lion

Rockhopper Exploration (AIM: RKH) has spudded its 100% owned Sea Lion 14/10-B exploration well in the Licence PL032 in the North Falkland Basin. Once drilling is complete, Sea Lion’s results will be eagerly anticipated among investors following the prospective Falkland oil and gas play.
Friday, April 16th 2010 - 09:38 UTC
Outsider Clegg judged winner in first UK TV debate

Nick Clegg, a rank outsider to become Britain's next prime minister, upstaged the two main candidates in an unprecedented televised debate on Thursday, according to snap polls of viewers.
Friday, April 16th 2010 - 04:31 UTC
Falkland Islands: First loligo season of the year the ‘best since 2000’

FISHING companies are celebrating the best loligo season for ten years, with catches over the past seven weeks exceeding 28,000 tonnes.
Friday, April 16th 2010 - 04:17 UTC
Argentine bonds’ swap could not be sufficient, warn anks

In spite of Argentine authorities optimism regarding the 20 billion USD bonds’ swap launched on Thursday the Institute of International Finance, (IIF), warned that the initiative could be insufficient to re-establish the country’s full access to voluntary money markets.
Friday, April 16th 2010 - 04:15 UTC
Pluna places order for three extra Bombardier CRJ900 totalling a fleet of ten

Canada’s Bombardier Aerospace announced Thursday that Pluna Lineas Aereas Uruguayas S.A. has signed a follow-on firm order for three CRJ900 NextGen regional jets and has taken options on an additional six CRJ900 NextGen aircraft.
Friday, April 16th 2010 - 04:09 UTC
Argentina launches defaulted bonds swap with a 66.3% discount

Argentina offered new bonds to holders of 20 billion US dollars of sovereign debt left out of an earlier settlement, seeking to end a nine-year default and regain access to international capital markets.
Friday, April 16th 2010 - 04:02 UTC
Iceland volcano ashes cause massive flights disruption across Europe

Flights across much of Europe are being cancelled on a second day of massive disruption caused by drifting ash ejected from a volcano in Iceland. Hundreds of thousands of passengers are affected and severe disruption could extend into the weekend, including on flights to North America and Asia.