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Montevideo, May 28th 2023 - 06:06 UTC

Tag: Faklands oil companies

  • Monday, January 14th 2019 - 06:40 UTC

    Premier record oil production helps significant cuts in its debts

    Premier has assets in the North Sea, Asia, off the Falkland Islands and Mexico. It built heavy debts before the oil price downturn in 2014

    Premier Oil has taken advantage of its second consecutive year of record oil production to make larger than expected cuts into its still-significant debts. The London-listed oil and gas developer, with interests in the Falkland Islands, expects its financial results to reveal end-of-year debts of US$2.3 billion, after removing US$390 million from the total following a sharp rise in oil output.

  • Saturday, April 11th 2015 - 06:45 UTC

    Falklands: Ambassador Castro refers ironically to Foreign Office summons

    “It is pretty much unbelievable that they (FCO) should complain when they have been failing to abide by international law for 50 years,” said Ms Castro

    Argentine ambassador in London, Alicia Castro complained about being summoned to the Foreign Office over the Falklands/Malvinas Islands dispute revealing she asked the British official if it was “an expression of British humor or a political paradox”, since the UK has failed to comply with international law for the last five decades.