The AIM listed company Falkland Oil and Gas Ltd reflected on Thursday on the progress made in the first half of the year when it managed a significant equity placing and negotiations for two farm-out deals which helped with a cash-balance of over 220 million dollars.
Shares in Borders and Southern soared almost 20% on Thursday as the company revealed positive findings from the analysis of condensate fluids from its Darwin discovery well in the south of the Falkland Islands where it plans to continue appraisal drilling in 2014.
Falkland Islands Consolidated Fisheries Ltd has announced that the Falklands longline Patagonian Toothfish (Dissostichus eleginoides) fishery has entered full assessment for Marine Stewardship Council (MSC) certification.
Several groups allied to Argentine president Cristina Fernandez are actively promoting a constitutional review that would allow re-election for a third consecutive four year mandate. The last Argentine constitutional review was in 1994 when the four-year mandate was introduced with the possibility of an only immediate re-election, thus modifying the six year mandate but with no re-election.
Hundreds of Ecuadoreans marched on Monday in support of the government's decision to grant asylum to WikiLeaks founder Julian Assange in a saga that could help President Rafael Correa if he seeks re-election.
Spanish fishermen expressed perplexity at the announcement by the Gibraltar Government that it will not be granting permission for commercial fishing with nets to be carried out in Gibraltar waters. The controversy has caused several incidents in the bay between the Spanish Guardia Civil and Gibraltar Royal Police and there are fears of a resumption of the conflict.
The latest design of the Royal Navy's Type 26 Global Combat Ship (T26 GCS), the next generation of warships, was unveiled on Monday. The UK Ministry of Defence has released images showing the basic specification of the T26 GCS, which is a significant milestone in the development of this program.
The Falkland Islands government has appointed Macclesfield based consultancy Tyler Grange to undertake a landscape and visual impact assessment for a new harbour development near the capital Stanley.
Falkland Islands livestock haulage should become easier in the forthcoming season with the introduction of suitable sized crates and equipment for both East and West Falkland, reports the Penguin News.
Another major diplomatic conflict between South America and the UK, as with the Falkland Islands’ sovereignty dispute, could turn nasty following Latinamerican strong support for Ecuador and its granting of political asylum to Wikileaks founder Julian Assange and London’s explicit determination to deny him a safe conduct and have him extradited to Sweden.