12 thoughts on “British corporate grab at Falklands oil

  1. Deepwater wells get thumbs up

    UNITED STATES: Federal regulators put Anglo-Dutch oil giant Shell one step closer to final approval today to drill three new exploratory deepwater wells in the Gulf of Mexico.

    Interior Secretary Ken Salazar said that the project, 130 miles off the Louisiana coast, meets strict safety and environmental requirements.

    A moratorium on deepwater drilling in the Gulf imposed after last year’s BP oil spill was lifted on October 12, but the government has only recently begun issuing permits again for previously suspended activities.

    http://www.morningstaronline.co.uk/index.php/news/content/view/full/102567

  2. MoD parties with £26m ice-breaker

    Defence: The [British] Ministry of Defence is spending £26 million renting a ship from Norway, it confirmed today.

    The ice-breaker MV Polarbjorn, which is being renamed HMS Protector, will be commissioned into the Royal Navy fleet on June 23.

    The ship’s duties will include patrolling the waters around the Falkland Islands and South Atlantic and taking on the navy’s Antarctic mission.

    http://www.morningstaronline.co.uk/index.php/news/content/view/full/105323

  3. Falklands oil firms face legal challenge

    ARGENTINA: The government announced at the weekend that it has begun legal proceedings against five British oil companies for “carrying out illegal operations” off the Falkland Islands.

    The Foreign Ministry said in a statement that agencies including the General Attorney’s Office and the AFIP tax agency “are co-ordinating legal and administrative strategies” against Argos Resources, Desire Petroleum, Falkland Oil and Gas and Rockhopper Exploration.

    “Legal cases against these five companies before the General Tax Directive and the General Customs Directive have been opened,” it said.

    http://www.morningstaronline.co.uk/news/content/view/full/117066

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