Energy & Oil

• Wednesday, October 19th 2011 - 15:34 UTC

  Loss of power on “Ocean Guardian” drilling rig causes partial evacuation

  

  Rockhopper Exploration plc has confirmed that a loss of power occurred on the Ocean Guardian drill rig on the 16th October 2011 leading to a partial evacuation of all non-essential personnel.

• Tuesday, October 18th 2011 - 13:50 UTC

  New environmental forum brings Falklands’ oil industry and environmentalists together

  

  Representatives of local conservation organisations, the oil industry, and the Falkland Islands Government recently attended the first meeting of the Falkland Islands Offshore Hydrocarbons Environmental Forum held on the 27th September in Stanley.

• Monday, October 17th 2011 - 21:46 UTC

  Spanish corporation will construct 70ml bio-ethanol plant in Uruguay

  

  Spain’s Abengoa has announced that it will construct a bio-ethanol plant in the department of Paysandu, Uruguay, for Alcoholes de Uruguay, or ALUR. The contract, which includes the construction of an adjoining power cogeneration plant, is worth 120 million dollars.

• Monday, October 17th 2011 - 18:09 UTC

  International Oil and Gas expo in Buenos Aires with 300 exhibitors

  

  Argentina's 8th International Oil & Gas Expo, sponsored by the Argentine Institute of Petroleum and Gas is taking place this week in Buenos Aires.

• Monday, October 17th 2011 - 14:57 UTC

  Rockhopper is ready to begin drilling another two wells in Falklands’ waters

  

  Falkland Islands explorer Rockhopper Exploration (RKH) has secured the Ocean Guardian drilling rig for another well in the burgeoning oil province.

• Friday, October 14th 2011 - 08:03 UTC

  Argos raises prospective resource by 182% to 2.1 billion barrels of oil

  

  Argos Resources Limited (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin, is pleased to issue a new Competent Persons Report (“CPR”) prepared by Senergy (GB) Ltd (“Senergy”).

• Thursday, October 13th 2011 - 07:50 UTC

  Colombian president praises US congress for ratifying free trade agreement

  

  President Juan Manuel Santos praised US Congress ratification of a long-stalled free trade agreement with the United States and said it was a historic day for Colombian business and workers.

• Thursday, October 13th 2011 - 06:00 UTC

  US Congress approves free trade agreements with Colombia, Panama and S Korea

  

  The United States Congress voted Wednesday on a bipartisan basis to pass long delayed free-trade bills with Colombia, Panama and South Korea.

• Thursday, October 13th 2011 - 05:56 UTC

  Argentina calls on Mercosur to promote inter-trade and cut out of region imports

  

  Argentina called on Latin America to promote inter-trade among the region’s countries replacing the almost 460 billion dollars of manufactured goods from the rest of the world imported in 2010.

• Wednesday, October 12th 2011 - 06:39 UTC

  Falklands Desire Petroleum and Rockhopper reach farm-out agreement and on new drillings

  

  Falkland Islands Desire Petroleum plc announced Wednesday that it has agreed the terms of a farm-out agreement, subject to the approval of the Falkland Islands Government, with Rockhopper Exploration PLC over the northern section of its Tranche D (PL004) licence.