International

Tuesday, February 16th 2016 - 07:37 UTC
Noble Energy cancels drilling in Falklands, following termination of rig contract

Falkland Islands based company, Argos Resources Ltd. said it has received notification from Noble Energy, the operator of license PL001 in which Argos holds a 5% overriding royalty interest, that it is exercising its rights to declare Force Majeure on the well.
Monday, February 15th 2016 - 07:20 UTC
With Chinese New Year over, central bank reaffirms strong Yuan policy

Chinese central bank governor Zhou Xiaochuan has accused “speculative forces” of targeting the country's currency, the Yuan, and argued there was no reason for the Yuan to keep depreciating in value and that China would not let international speculators dominate market sentiment.
Monday, February 15th 2016 - 07:06 UTC
US presses UK on renewing its Trident nuclear submarine fleet

Britain must renew its submarine-borne While most lawmakers in Cameron's party support keeping nuclear weapons, Labor leader Jeremy Corbyn, is holding a review of the party's policy. if it is to maintain its “outsized” role in world affairs, US Defense Secretary Ash Carter said in comments published in Washington.
Monday, February 15th 2016 - 06:32 UTC
Macri and First Lady celebration with the Rolling Stones

Argentine president Mauricio Macri and First Lady Juliana Wanda hosted the Rolling Stones on Sunday night at their country house, (in Malvinas Argentina), following their last presentation in Buenos Aires.
Monday, February 15th 2016 - 05:57 UTC
Falklands' visit by Defense secretary Fallon “while parliament is in recess”

British Defense Secretary Michael Fallon is scheduled to visit the Falkland Islands this week, the first such visit in over a decade. However the timing of the visit has caused some irritation with the Foreign Office, according to the London media, since it could interfere with the current approach with the new Argentine administration.
Saturday, February 13th 2016 - 05:55 UTC
CONCACAF will not advance which candidate it supports for FIFA presidency

CONCACAF (Central America, North America and Caribbean Football Confederation) deputy general secretary Jurgen Mainka says the purpose of this week’s meeting in Miami was to discuss FIFA and CONCACAF reforms, not to decide on which FIFA presidential candidate the regional confederation will support.
Saturday, February 13th 2016 - 05:45 UTC
Valcke banned for 12 years from FIFA for misconduct and destruction of evidence

Two weeks before the presidential election, FIFA's top judge bans former secretary general Jerone Valcke for 12 years for misconduct relating to World Cup ticket sales, travel expenses and destruction of evidence.
Saturday, February 13th 2016 - 05:32 UTC
Pollack confirms 'eventful week' of negotiations between Argentina and holdouts

In the midst of ongoing negotiations in the United States courts between the administration of President Mauricio Macri and holdouts to reach an agreement, special master Daniel A. Pollack on Friday issued a statement reiterating “two major holdouts reached agreements in principle with Argentina to settle their claims.
Friday, February 12th 2016 - 18:47 UTC
Falklands' (oil exploration) “has been a hugely successful campaign”, says Rockhopper

Rockhopper Exploration which has a joint venture agreement with Premier Oil offshore the Falkland Islands, described the oil exploration campaign now terminated as a 'huge success' and underlines the postponement of the Chatham well drilling will have no impact on the Field Development Plan for the Sea Lion oil discovery development.
Friday, February 12th 2016 - 18:14 UTC
Falklands' exploratory campaign ended, following termination of ocean rig contract

The Falkland Islands government and Premier Oil have announced on Friday the ocean rig 'Eirik Raude' contract termination, which in practical terms puts an end to the current exploratory campaign and the scheduled drilling of the Chatham well. Nevertheless both sides underlined the success of the now terminated campaign with the oil discoveries at the Zebedee and Isobel Deep prospects in the North Falkland basin and look forward to continue working in the near future.