
Argentina will take legal actions against Britain's Premier Oil after the company agreed to invest 1 billion dollars to help develop an oil field off the disputed Falkland Islands, Argentina's Foreign Ministry said on Monday.

Borders & Southern Petroleum reported on Monday disappointing results in the Falkland Islands from the latest well to be drilled as part of the controversial search for oil in the South Atlantic islands over which Argentina claims sovereignty.

More than 500 penguins have been found dead on beaches of Brazil's southern Rio Grande do Sul state, authorities said Friday.

Britain's Premier Oil announced on Thursday a 1 billion dollars deal to farm in and develop Rockhopper Exploration oil and gas discoveries in the Falkland Islands.

Tourist arrivals to the Falkland Islands are expected to increase by 14.9% in 2012, with a significant 28.8% jump in the number of leisure visitors, mainly driven by the 30th anniversary of the Falklands War.

The Royal Air Force next generation military transport aircraft has been officially named as Atlas. The aircraft, which has until now been known as the A400M, will replace the RAF’s existing C130 Hercules fleet and along with the Voyager and C-17 will provide the UK military’s future air transport force.

The illustrious VC-10, flown by 101 Squadron based at RAF Brize Norton, made its final air show appearance at the Royal International Air Tattoo (RIAT) before it retires from Service early in 2013.

The Falkland Islands national beef herd could be doubled to meet current and potential markets, farmers heard at a Falklands Meat Company, FMC, meeting this week in Stanley.

Electricity generated from wind is spreading across the Falkland Islands with two large farms Goose Green and Fitzroy preparing to be the next to have turbines, inverters and batteries installed.

Twenty nine British MPs have called for Britain to vote against Argentina receiving any more money from the World Bank. The group signed an early day motion in Parliament that was put forward by Conservative MP for Romford, Andrew Rosindell, who had previously visited the Falklands.