MercoPress. South Atlantic News Agency
Stories for June 5th 2012
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Tuesday, June 5th 2012 - 07:55 UTC
UK support for ‘threatened’ oil companies and Falklands’ right to develop its own hydrocarbons industry
The United Kingdom gave its full support to the companies involved in oil and gas exploration in Falkland Islands waters, following Argentina’s announcement on Monday it was beginning legal actions against five companies committed to “illegal” and “clandestine” exploration activities in the disputed Malvinas waters.
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Tuesday, June 5th 2012 - 07:46 UTC
Canada and US closely monitoring Uruguay’s flag air carrier in the brink of default
The governments of Canada and the US are “concerned” and “closely following” events in Uruguay’s flag air carrier Pluna since banks and an investment fund from the two countries are heavily involved in the running of the money-loosing company is spite of repeated financial support from the Uruguayan government.
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Tuesday, June 5th 2012 - 03:04 UTC
Major Canadian uranium mining company leaves Argentina fearful of populist policies
Another Canadian miner has pulled back from investing in Argentina fearful of the latest moves from a growingly populist government and not so clear rules for the mining industry.
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Tuesday, June 5th 2012 - 03:01 UTC
Argentine concludes takeover of YPF naming new board and confirming CEO
Argentina's government concluded the takeover of the country’s largest oil and gas company on Monday by naming a new chief executive and directors, even when YPF former owner - Spain's Repsol, kept one seat on the board.
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Tuesday, June 5th 2012 - 02:54 UTC
China attempting to beat deepest manned submersible dive record (7.000 metres)
An oceanographic ship carrying China's manned deep-sea submersible, Jiaolong, left the eastern port city of Jiangyin on June 3 for the Mariana Trench to attempt the world's deepest manned submersible dive.
