
Oil and gas exploration firm Rockhopper Exploration, with interests in the Falklands and preparing to advance with the Sea Lion project, has agreed to sell its assets in Egypt to United Oil & Gas in a US$ 16m deal. The sale of Rockhopper Egypt includes a non-operated 22% interest in the Abu Sennan concession onshore Egypt and the existing assets of the business.

Record high temperatures were reported in Belgium and Netherlands Wednesday amid a heatwave that hit all Europe and brought 40 degrees Celsius to places like Siberia and leaving over people dead by the dozen in Greece. It has also been reported to be Sweden's hottest July since 1756.

The European Investment Bank (EIB) has opened its Latin American headquarters in Bogota following an agreement signed Monday between Colombian President Iván Duque and EIB CEO Werner Hoyer.

Lionel Messi was suspended from Argentina's first qualifying march for the 2022 World Cup and fined US$1,500 by South American soccer's governing body.

Russian Deputy Foreign Minister Sergei Ryabkov completed a round of consultations with leader Nicolás Maduro and members of his staff during this past weekend in Caracas to strengthen the unshakable partnership with Venezuela, the Tass news agency reported.

Juventus star Cristiano Ronaldo will not face any charges over an alleged rape in Las Vegas a decade ago after US prosecutors said they did not have enough evidence to proceed. A district attorney in the state of Nevada said it would not prosecute the Portuguese soccer player because it cannot be proven beyond a reasonable doubt that a sexual assault occurred.

Boris Johnson has been elected new Conservative leader in a ballot of party members and will become the next UK prime minister. He beat Jeremy Hunt comfortably, winning 92,153 votes to his rival's 46,656. The former London mayor takes over from Theresa May on Wednesday.

Finland's UPM on Tuesday made the investment decision to construct a 2,1 million ton eucalyptus pulp mill near Paso de los Toros in central Uruguay.

Tobias Ellwood, United Kingdom defense Minister, said that the Royal Navy is too small to continue to play a role on the international stage. Speaking to Sky News Mr Elllwood denied that the UK had taken its eye off the ball and said with UK vessels going through 100 nautical miles of waterway every day it is impossible to simply escort each individual vessel.

Ballots closed in the race to become Britain's next prime minister on Monday, with the favorite Boris Johnson facing more defections by ministers over his Brexit plan. The country's new leader will take the reins this week and have just three months to attempt to resolve a three-year Brexit crisis that could damage economies on both sides of the Channel and determine the fate of generations of Britons.