Investments

• Friday, November 28th 2014 - 06:17 UTC

  Griesa rejects payment request from investors holding Argentine bonds in Euros

  

  US Federal judge Thomas Griesa has rejected a request by European investors seeking payment on Argentine titles currently blocked in New York, despite an ongoing parallel court battle over the issue in London.

• Tuesday, November 25th 2014 - 22:59 UTC

  Falklands experience in energy projects attracts strong interest in Latam conference and Chile

  

  The Falkland Islands experience in implementing energy projects, both conventional and wind farms was shared with the attendants of the recent RELACCX (Renewable Energy Latin America and Caribbean Conference and Exhibition) event, held in Puerto Rico, and where Falklands' engineer Glenn Ross was an invited speaker.

• Monday, November 24th 2014 - 10:26 UTC

  Largest crane ship capable of lifting oil rigs delivered in Korea

  

  The world's largest crane ship, which is capable of lifting oil rigs, has set sail from its shipyard in South Korea for Rotterdam Port in the Netherlands. The Pieter Schelte, which left South Korea last week is due to arrive at the port for completion in December.

• Monday, November 24th 2014 - 07:14 UTC

  Brazil's JBS purchases leading ham and bacon supplier in Australia

  

  Brazil's JBS, the world's biggest meat group, beefed up its growth in Australia with the 1.25bn dollars purchase of Primo Smallgoods Group. JBS said that through its JBS Australia business, it had paid Aus$1.45bn in cash for the supplier of the likes of ham and bacon to Oceania.

• Saturday, November 22nd 2014 - 06:47 UTC

  Falklands construction booming: permission for second 80 bedroom hotel

  

  Building continues at a steady rate in the Falkland Islands with 15 applications approved for construction in the capital Stanley, including permission for an 80 bedroom employees hotel for oil exploration technical staff, according to the latest Planning and Building Committee meeting.

• Saturday, November 22nd 2014 - 05:49 UTC

  US Senate grills banks accused of 'unfair' trading practices with commoditisers

  

  Executives of three US banks are being grilled by senators over accusations the banks engaged in unfair trading practices relating to several commodities. A two-year report found that Goldman Sachs, Morgan Stanley and JP Morgan Chase bought up large stockpiles of commodities like aluminum and copper.

• Friday, November 21st 2014 - 21:16 UTC

  Falklands opens dock facility to support oil industry exploration beginning 2015

  

  This week Houston based Noble Energy, one of the several oil companies operating in the Falkland Islands made the official opening of the temporary dock facility (TDF) in Stanley, an essential piece for the logistics of the industry which is scheduled to begin another round of exploratory drilling in the first quarter of next year.

• Friday, November 21st 2014 - 06:59 UTC

  Potential of US offshore oil and gas, according to American Petroleum Institute

  

  Two new studies released by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added energy and economic benefits to the United States if the Eastern Gulf of Mexico and the Pacific outer continental shelf (OCS) were opened to offshore oil and natural gas development.

• Thursday, November 20th 2014 - 04:55 UTC

  World largest containership (19.000 TEU) belongs to China and was built in Korea

  

  The world’s largest containership was named at a ceremony held by builder Hyundai Heavy Industries Co., Ltd. (HHI) this week. Named CSCL Globe, it is the first of five 19,000 TEU containerships for China Shipping Container Lines (CSCL), and takes the title of world’s largest containership from Maersk Line’s 18,000 teu Triple E class vessels.

• Wednesday, November 19th 2014 - 09:42 UTC

  Chevron begins oil and gas production at Tubular Bells, in the Gulf of Mexico

  

  Chevron Corporation announced on Tuesday that the Hess Corporation-operated Tubular Bells deepwater project, located in the U.S. Gulf of Mexico, has started crude oil and natural gas production. The field is located 217 km southeast of New Orleans, in approximately 1,310 m of water in the Mississippi Canyon area.