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Argentina take legal Action in Oil Exploration Falkland Island
Argentina will take legal action against any companies involved in oil exploration off the disputed Falkland Islands as part of a drive to pressure Britain into sovereignty talks, the foreign minister said on Thursday. Three decades after it repelled an Argentine invasion of the Falklands, Britain has vowed to defend the archipelago, saying it will [...]
Saturday, March 17th, 2012British Petroleum sell Pan American Energy to Bridas Corporation
British Petroleum or BP has agreed to sell its share of Pan American Energy, an Argentina-based oil and gas company, to Bridas Corporation as part of its plan to divest $30 billion of assets by the end of next year. Pan American Energy produces oil and gas in the southern cone of South America. It [...]
Sunday, November 28th, 2010British Oil Exploration Drilling Falkland Island
British oil exploration company began drilling near the Falkland Islands, a development that could worsen tensions between Britain and Argentina, which fought a war over the disputed islands nearly three decades ago. Desire Petroleum PLC said it started drilling for oil about 60 miles (100 kilometers) north of the disputed Falkland Islands, despite strong opposition [...]
Tuesday, February 23rd, 2010