
Falkland Oil and Gas Limited (FOGL) reported this week that it is making progress with its preparations for its next drilling campaign, which is scheduled to start during the first quarter of 2015 off the South Atlantic Falklands Islands.

By Gwynne Dyer - If the Scots vote “yes” to independence on Sept. 18, as one opinion poll now suggests they will, three things are likely to happen in the following week.

It was a calm morning in Antarctica's remote Ross Sea, during the season when the sun never sets, when Capt. John Bennett and his crew hauled up a creature with tentacles like fire hoses and eyes like dinner plates from a mile below the surface. A colossal squid: 350 kilograms, as long as a minibus and one of the sea’s most elusive species.

Britain promised to guarantee Scotland high levels of state funding, granting Scots greater control over healthcare spending in a last-ditch attempt to shore up support for the United Kingdom before Thursday's vote on independence.

Pope Francis is concerned about the political situation and governance in his native Argentina, the Vatican's chief of ceremonies said Tuesday ahead of a visit by President Cristina Fernandez on Saturday.

Brazil will hold a 13th round of oil rights auctions in the first half of next year in a sale that will include new areas in the country's promising Eastern Margin offshore region, a senior mines and energy ministry official said this week.

United Nations officials hailed on Tuesday the progress made in reducing damage to the ozone layer and the vital role played by one of the most successful environmental treaties in history in phasing out ozone-depleting substances.

British Chancellor George Osborne has announced plans to refund the cost of up to 25,000 visas for Chinese tourists in an attempt to attract more visits to the UK. It was one of a series of measures announced at an economic summit in London, attended by Chinese vice premier Ma Kai.

HSBC Holdings will pay 550 million dollars to resolve a US regulator's claims that the British bank made false representations in selling mortgage bonds to the federal mortgage companies Fannie Mae and Freddie Mac before the financial crisis.

Construction has begun on a giant observation tower in the heart of the Amazon basin to monitor climate change. The Amazon Tall Tower Observatory is expected to rise 325m from the ground.