Energy & Oil

Saturday, December 31st 2011 - 03:26 UTC
UK awards 46 offshore hydrocarbons exploratory licences in controversial areas

UK government has awarded 46 new offshore exploratory drilling licences to firms, including Shell and Centrica, looking for oil and gas. The awards were initially held back due to environmental concerns.
Friday, December 30th 2011 - 21:10 UTC
Rockhopper completes sidetracking of its latest well in Falklands’ waters

Rockhopper Exploration, the oil and gas group working in the Falkland Islands announced on Friday it has completed coring and logging operations on a sidetrack of its latest well in the North Falkland Basin
Wednesday, December 28th 2011 - 03:41 UTC
Falklands have three options for a new deep water port

The location of a new deep water port for the Falkland Islands been narrowed down to three potential sites: Mare Harbour, Navy Point (north of the Camber) and Stanley harbour (FIPASS) it was confirmed at the Executive Council meeting last week following a discussion of the issue.
Monday, December 26th 2011 - 21:10 UTC
Brazil overtakes the UK and becomes the world’s sixth largest economy

Brazil has overtaken the UK as the world's sixth largest economy according to the Centre for Economics and Business Research, CEBR. The latest World Economic League Table also showed Asian countries moving up and European countries falling back.
Monday, December 26th 2011 - 18:07 UTC
“Except for Malvinas, we have a very good dialogue with the UK”, says Almagro

Leaving aside the current diplomatic situation with the UK because of the Uruguayan government decision to bar Malvinas’ flagged vessels from local ports, “we have a very good dialogue with Great Britain” said Uruguayan Foreign Affairs minister Luis Almagro.
Monday, December 26th 2011 - 11:27 UTC
“People must know full facts” about Argentina’s intentions in the Falklands

Many Members of Parliament and in the Lords, from all parties, are totally committed to standing up for the Falkland Islands and rebutting the actions of Argentina, according to Conservative MP Andrew Rosindell and Secretary of the Falkland Islands Group in Westminster. He added people must know the true facts and intentions behind Argentina’s actions.
Monday, December 26th 2011 - 11:23 UTC
Brazil slaps another fine on Chevron for November oil spill off Rio do Janeiro

Brazil's Environment Institute ordered US oil giant Chevron to pay another fine related to the early November oil spill off the coast of Rio de Janeiro.
Monday, December 26th 2011 - 11:18 UTC
The Guardian: “Britain is asleep over Argentina and the Falklands”

In a piece published last week in London daily The Guardian, and referred to the recent Mercosur support for Argentina in the Falkland Islands dispute, Richard Gott argues that a new scenario has emerged with South America growing in strength, increasingly united and no longer looking to Europe for support and advice which means a different framework for the Falkland Islands s sovereignty dispute.
Friday, December 23rd 2011 - 21:25 UTC
Falklands’ flagged vessels conflict: Almagro and Hague agree they remain in disagreement

Uruguayan Foreign Affairs minister Luis Almagro spoke Friday on the phone with Foreign secretary William Hague for the first time since the Falklands/Malvinas’ flagged vessels controversy, but both sides apparently could only agree that the situation remains stalled according to brief statements
Friday, December 23rd 2011 - 14:42 UTC
Shout it loud enough and even the good guys believe it

By John Fowler for Penguin News, Stanley, Falkland Islands - My first contact with Latin America came in 1971, when my wife and I spent four days in Montevideo while waiting for a ship to carry us to the Falkland Islands. We received such amazing hospitality and kindness from the Uruguayans we met then, that this small, but perfectly-formed country has had a place in my heart ever since.