Spanish oil giant Repsol said on Thursday it plans to sell 6.2 billion Euros ($7.1 billion) in assets and slash investment in exploration and production over the next five years to help its preserve dividends and pay back debt.
Argentina's 25 October presidential election results remain 'uncertain', and with the current percentages from opinion polls, at the very limit, there is a runoff in November, according to Mariel Fornoni, head pollster from Management & Fit.
Rules of salvage will apply to the Falklands’ Patrol Vessel’s recovery of the abandoned Argentine yacht La Sanmartiniana, Falkland Islands Government (FIG) Attorney General Peter Judge confirmed to Penguin News on Thursday.
The 'capture' (salvage) by a Falkland Islands Fisheries Patrol vessel of the Argentine flagged yacht La Sanmartiniana adrift in the South Atlantic had a great impact in the Buenos Aires media and immediate political controversy, basically accusing opposition newspapers of publishing dishonest 'pro-British' reports with the intent of jeopardizing the current presidential election.
Since 2009, China has been taking a much more active role in its pursuit of international oil contracts. In 2009, for the first time, Saudi Arabia exported more of its oil to China than it did to the US. China also made large investments in Saudi Arabia's oil refining industry as well. But China's oil investments didn't stop there; they also pursued oil producing Canadian assets in 2011/12.
Brazilian President Dilma Rousseff has accused her opponents of trying to overthrow a democratically elected government by seeking to oust her without any material facts while spreading hatred and intolerance across the country.
Reports of escalating crime in the Caribbean have renewed the debate about how it affects the millions of cruise ship passengers and other tourists who visit the region each year.
September inflation in Argentina was 1,92% and reached 25.91% in the last twelve months according to the monthly report from opposition members of Congress, which is based on the average of the country's leading private consultants. Later this week the official Indec rate is expected to be announced, systematically lower than that of the so called Congress index.
Ice ship HMS Protector is heading for waters no Royal Navy vessel has visited in 80 years as she begins a marathon deployment to Antarctica. The Plymouth-based icebreaker and survey vessel will ensure the world’s fishermen are not stripping the largely-unspoiled waters of the Ross Sea of marine life.
A recent formation of the Friends of the British Overseas Territories, FOTBOT, had an interesting participation at the British parties conferences this season with fringe meetings open to the public and panel discussions on political issues pertaining to the British Overseas Territories, including whether BOT's should have representation in Westminster.