Falkland Islands

• Friday, May 11th 2012 - 15:38 UTC

  Indian leading oil company in talks to buy 25% stake in Falklands’ exploration block

  

  The overseas arm of Indian state-owned Oil and Natural Gas Corp (ONGC), ONGC Videsh Ltd is in talks to buy 25% stake in an exploration block off Falkland Islands in the South Atlantic, reports The Economic Times from New Delhi.

• Friday, May 11th 2012 - 15:20 UTC

  Borders & Southern begins drilling its second well to the south of the Falklands

  

  Falkland Islands exploration company Borders & Southern (AIM: BOR) announced the spudding of its second well, 61/25-1, on 11 May 2012. The well is located 170 km south of the Falkland Islands.

• Friday, May 11th 2012 - 12:29 UTC

  As in Hitler’s time, the Olympic spirit exploited for political purposes

  

  By Harold Briley - Hitler exploited the Olympics. Argentina’s cynical and infantile exploitation of the Olympic Games for political purposes is a reminder, if any is needed, of its persistent failure to abide by accepted standards of honesty and decency.

• Friday, May 11th 2012 - 04:11 UTC

  UK and Argentina, main tourist generating markets for the Falklands in 2011

  

  Falkland Islands visitor arrivals in 2012 by inbound overnight tourists, cruise passengers and domestic tourists are expected to total 57.000 spending around £7 million. Cruise ship passengers are forecast to make up 35.000 of the 57,000 in the 2012/13 season.

• Friday, May 11th 2012 - 02:31 UTC

  Falklands’ Desire Petroleum stake in oil discoveries worth 900 million dollars

  

  The North Falkland basin explorer Desire Petroleum has revealed the findings of an economic assessment of the group’s stake in the Sea Lion oil discovery, based on a high level development concept and economic review by Senergy from the UK.

• Thursday, May 10th 2012 - 16:13 UTC

  Argentine government re-activates national committee of Malvinas combatants

  

  The Argentine government reactivated the National Committee of former Malvinas combatants which will support legal actions against crimes committed by Argentine officers during the 1982 conflict and demand DNA tests to identify the 123 remains buried in the Darwin cemetery in the Falklands.

• Wednesday, May 9th 2012 - 17:59 UTC

  Goldman Sachs raises price target for Falklands’ Rockhopper Exploration

  

  Goldman Sachs raised its price target on several exploration and production companies, including Falklands’ Rockhopper Exploration, and said there were opportunities for deals in some assets in the sector.

• Wednesday, May 9th 2012 - 17:51 UTC

  Argentina says UK/Latam relations could falter if Falklands issue remains unsolved

  

  British relations in South America could falter if the UK Government refuses to hold talks on the Falkland Islands sovereignty with Argentina, the country’s ambassador to London said this week.

• Wednesday, May 9th 2012 - 02:32 UTC

  Malvinas/Olympic ad Argentine hockey player left out of Games warm-up in Malaysia

  

  The Argentine hockey player filmed training on the Falkland Islands in a controversial video that caused a furor in Britain last week has been dropped from Argentina’s final Olympic Games warm-up event.

• Tuesday, May 8th 2012 - 17:46 UTC

  Argentine Olympic Committee releases watered down statement on Malvinas spot

  

  The Argentine Olympic Committee has responded for the first time to an advertisement on state-run TV that links a dispute with Britain about the Falklands/Malvinas Islands to the London Games.