Stories for February 2019

Friday, February 8th 2019 - 10:13 UTC
Vaca Muerta shale oil production soared 52% and gas 193%, during 2018

Vaca Muerta, the biggest shale play in Argentina, led a year-on-year increase in oil and natural gas production in 2018 in Neuquen, as more companies bet on the resources for growth in the southwestern province.
Friday, February 8th 2019 - 10:10 UTC
Trade deal: Trump said no meeting with Xi before the March first deadline

President Donald Trump said on Thursday he did not plan to meet with Chinese President Xi Jinping before a March 1 deadline set by the two countries to achieve a trade deal.
Friday, February 8th 2019 - 10:08 UTC
World's richest man exposed to “extortion and blackmail” with a political touch

Jeff Bezos, Amazon chief executive, accused the owner of The National Enquirer on Thursday of trying “extortion and blackmail” to stop his investigation into how his private text messages and photos with his mistress were leaked to the tabloid.
Friday, February 8th 2019 - 09:30 UTC
Emiliano Sala body recovered from the wrecked plane in the English Channel

The body recovered from the wreckage of a crashed plane is that of Cardiff City player Emiliano Sala, Dorset Police have said. Sala, 28, was travelling to Cardiff in a plane piloted by David Ibbotson, which went missing over the English Channel on 21 January. The body was recovered late on Wednesday after the wreckage was found on Sunday morning.
Friday, February 8th 2019 - 09:18 UTC
Theresa May and Juncker issue joint statement and agree to further meetings

British Prime Minister Theresa May came away from a day in an increasingly impatient Brussels on Thursday with a pledge of renewed talks that held out some hope for a new Brexit deal, if no sign of compromise yet. Ms May is scheduled to fly to Dublin this Friday.
Friday, February 8th 2019 - 09:13 UTC
Collapse in China sales hits Jaguar Land Rover profits

Jaguar Land Rover booked a loss for the last three months of 2018 as sales collapsed in China. The company booked a £3.1bn reduction in the value of its plants and other investments leading to a £3.4bn quarterly loss, its biggest to date.
Friday, February 8th 2019 - 09:05 UTC
“Brexit fog”: Bank of England expects slowest growth since 2009

The Bank of England expects growth this year to be the slowest since 2009 when the economy was in recession. It is forecasting growth of 1.2% this year, down from its previous November forecast of 1.7%. The Bank said it had seen further evidence that businesses were being cautious in the run-up to Brexit, including evidence from its own survey of firms. As expected the Bank kept interest rates on hold at 0.75%.
Friday, February 8th 2019 - 08:49 UTC
Two more oil strikes off the coast of Guyana at the prolific Stabroek Block

Hess Corporation has announced positive results from the Tilapia-1 and Haimara-1 wells offshore Guyana, bringing the total number of discoveries on the Stabroek Block to 12.“These two discoveries demonstrate the continuing exploration potential on the prolific Stabroek Block and add to the previously announced gross discovered recoverable resource estimate of more than 5 Bboe,” said CEO John Hess.
Friday, February 8th 2019 - 08:43 UTC
Humanitarian aid arrives to Cucuta, a bridge away from Venezuela

Trucks carrying humanitarian aid for crisis-stricken Venezuela arrived in the Colombian border city of Cucuta on Thursday as diplomatically-isolated President Nicolas Maduro appeared set to block its entry amid an escalating political crisis.
Friday, February 8th 2019 - 08:38 UTC
South Georgia extends Marine Protected Area legislation to its entire Maritime Zone

The Government of South Georgia & the South Sandwich Islands (GSGSSI) has announced a range of additional measures for its Marine Protected Area (MPA) which will greatly enhance the protection and conservation of the Territory’s rich marine biodiversity.