Friday, 7 May 2010

Falklands: Substantial Oil Findings

Argentina reacted with fury last night to the news that British company Rockhopper Exploration had made significant oil finds in waters around the Falkland Islands.

As news broke that the company had encountered a 53m-thick deposit of oil 220km (135 miles) north of the islands, that could lead to the discovery of up to 200 million barrels of oil worth £17 billion at current oil prices, Argentina’s Foreign Minister Jorge Taiana condemned British actions in the region as “illegal” and “unilateral”.

Argentine media labelled the British as “pirates” and said that British action in the region “would push Argentina to its limits”. More ...


Disclaimer - The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.

The myriad of facts, conjecture, perspectives, viewpoints, opinions, analyses, and information in the articles, stories and commentaries posted on this site range from cutting edge hard news and comment to extreme and unusual perspectives. We choose not to sweep uncomfortable material under the rug - where it can grow and fester. We choose not to censor skewed logic and uncomfortable rhetoric. These things reflect the world as it now is - for better and worse. We present multiple facts, perspectives, viewpoints, opinions, analyses, and information.

Journalism is (or used to be) the profession of gathering and presenting a broad panorama of news about the events of our times and presenting it to readers for their own consideration. We believe in the intelligence, judgment and wisdom of our readers to discern for themselves among the data which appears on this site that which is valid and worthy...or otherwise.

  © Blogger template 'Perfection' by 2008

Back to TOP