As Mercopress have reported over recent months, Premier Oil continue to progress their Front End Engineering and Design (FEED) process for the Sea Lion oil discovery. As a next step in this process, earlier this week Premier Oil plc provided details of their intended approach to both procurement and infrastructure to support the discovery to the north of the Falkland Islands.
The speed of economic events in Venezuela limits the possibility of conserving any forecast in the national economy for a long time. And it is that the economic instability in the Caribbean country accelerates as its own inflation against the unproductively of the state oil company, PDVSA.
Five of the biggest emerging economies on Thursday stood by the multilateral system and vowed to strengthen economic cooperation in the face of US tariff threats and unilateralism. The heads of the so-called Brics – Brazil, Russia, India, China and South Africa – met for an annual summit dominated by the risk of a global US- led trade war, although leaders did not publicly mention President Donald Trump by name.
The longest total lunar eclipse of the 21st century takes place this Friday, July 27. The total phase of the “blood moon” eclipse of July 27 will last one hour and 43 minutes, during which Earth's natural satellite will turn a spectacular red or ruddy-brown color. From start to finish, the entire celestial event will last nearly 4 hours.
G20 agriculture ministers begin this Friday in Buenos Aires a two day meeting to draw up a roadmap to achieve a sustainable food future, one of the three priorities of the Argentine G20 presidency. These include comprehensive and responsible soil management, food waste reduction and the role of technology in agriculture.
British Prime Minister Theresa May is to hold Brexit talks with the Austrian chancellor this Friday before heading off on her summer holiday in Italy and Switzerland. Mrs. May will also attend a music festival in Salzburg as a guest of Chancellor Sebastian Kurz.
The U.S. Energy Department on Wednesday cleared the way for faster approval of small scale exports of natural gas including liquefied natural gas to Latin American countries by issuing a rule that does away with a public interest review of the shipments.
The Falkland Islands government announcement that it has chosen Latam as preferred operator to provide a second commercial flight between the Islands and the continent, with a stopover once a month in Argentina, did not come without a reaction from the Argentine government.
Paraguay Agriculture Minister Luis Gneiting and three others died when the twin-engine airplane carrying them to the capital Asuncion crashed into a wetland on Wednesday night, an official told reporters on Thursday.
The Chilean/Brazilian Latam airline has been chosen by the Falkland Islands Government as the preferred operator to provide a second commercial flight between the Falkland Islands and South America. The official announcement was made on Thursday, 26 July.