Stories for October 2015

Monday, October 19th 2015 - 10:16 UTC
Bristow adds new hangar to support Falklands' oil and gas industry

Bristow has added a new hangar and modular offices at Stanley Airport in the Falkland Islands to help improve operational efficiencies for oil and gas commercial services and search and rescue (SAR) support.
Monday, October 19th 2015 - 10:02 UTC
US imposes new curbs on Arctic waters oil and gas exploration

The US government has announced new curbs on oil and gas exploration in Arctic waters off Alaska's northern coast. It comes after oil giant Royal Dutch Shell last month stopped its Arctic activity citing “disappointing” tests.
Monday, October 19th 2015 - 09:53 UTC
Guyana beefs up reserves to protect country from Venezuela and Suriname

Against the background of what he said were continued territorial threats from both Venezuela and Suriname, Guyana President David Granger has announced a Total National Defense Policy.
Monday, October 19th 2015 - 09:47 UTC
China's growth below target; monetary policy stimuli expected

China's economy grew 6.9% in the third quarter, the weakest rate since the global financial crisis. The growth rate is below the government's 7% target. Though slightly above expectations, the data is expected to raise pressure on policymakers to step up monetary policy to stem the slowdown.
Monday, October 19th 2015 - 07:11 UTC
Economic activity in Brazil plunges 4.47% in the last twelve months to August

Economic activity in Brazil fell for a third straight month in August, Central Bank data showed, adding to evidence of a steeper-than-expected recession in the country. The figures were unveiled on the same day the government dismissed rumors over the resignation of Finance Minister Joaquim Levy.
Monday, October 19th 2015 - 06:59 UTC
Scioli with best chances of becoming Argentina's next president, if the runoff is with Macri

With less than a week to Argentina's presidential election next Sunday, the latest reliable public opinion polls indicate a very close race with the incumbent and leading candidate hovering very close to the magic 40% of ballots needed to win in the first round and thus avoid a runoff a month later.
Monday, October 19th 2015 - 06:40 UTC
Falklands' salvage of La Sanmartiniana, triggered minor air incident, reports Argentine media

The loss of the Argentine yacht La Sanmartiniana which was abandoned and left adrift in the South Atlantic, but is currently moored in the Falklands as part of a salvage effort, led to a minor air incident according to Clarin when an RAF Typhoon from MPA warned a private search plane it was approaching Falkland Islands jurisdiction.
Sunday, October 18th 2015 - 07:27 UTC
Rousseff's reelection campaign alleged irregularities, investigated by federal police

Brazil's federal police have opened a preliminary investigation into alleged irregularities in President Dilma Rousseff's re-election campaign last year. According to the media office of the federal police, the probe was opened on 7 October, following a decision by Justice Gilmar Mendes from the Superior Electoral Court to look into allegations of wrongdoing by the Rousseff campaign.
Saturday, October 17th 2015 - 06:54 UTC
Falklands' southeast exploratory well has found 'oil and gas shows', says FOGL

Exploring group Falkland Oil and Gas Ltd. said on Friday the Humpback 53/02-01 exploration well to the southeast of the Falkland Islands has found oil and gas shows, while wire-line logging indicates there are hydrocarbons bearing sandstones within the main target area.
Saturday, October 17th 2015 - 06:43 UTC
“Rousseff has broken the law and must step down”, says top Brazilian lawyer

President Dilma Rousseff has broken the law and must step down so that Brazil can recover its legal bearings, the author of a key impeachment petition said. Helio Bicudo, a 93-year-old lawyer who was a high-ranking member of Rousseff's ruling Workers' Party, said in an interview that Brazil must return to “the rule of law.”