Milei Finds Unity in Pushback Against Falkland Islands Oil Project
16 Articles
16 Articles
The spokesman-Review
BizTocMilei finds unity in pushback against Falkland Islands oil project
BUENOS AIRES, Argentina – Argentines have broadly backed President Javier Milei’s forceful push against oil drilling near the Falkland Islands, underscoring the enduring resonance of Argentina’s sovereignty claim over the British-controlled archipelago.
Santa Maria Times
Independent EspañolBUENOS AIRES (AP) — One day after hardening his claim to sovereignty over the Malvinas Islands, Argentine President Javier Milei took action and announced on Friday the start of an investigation to sanction the...
Rockhopper and Navitas shares fall as operators defend Sea Lion timetable
Shares in the two companies developing the Sea Lion field off the Falklands fell on Friday after Argentine President Javier Milei announced he would tighten sanctions on firms operating around the archipelago without authorization from Buenos Aires. Both companies responded with a joint statement saying they do not anticipate any impact on the project's development.
If the project of the Rockhopper and Navitas companies advances despite the sanctions that Argentina will apply, the initial production of 55,000 barrels per day is comparable to those delivered by the two provinces of the Gulf of San Jorge.
Important shareholders of the Israeli oil company Navitas, which exploits the oil of the Malvinas Islands, also hold holdings for millions of dollars in Mercado Libre, the group of Marcos Galperín, the favorite businessman of Javier Milei. The data testifies to the 180 degree turn that the libertarian administration made since this Thursday with the Malvinas cause. Foreign Minister Quirno promised sanctions to the “network of related firms.” It …
By Darío Rosatti A secret intelligence report given to the President between May and June was presented as the trigger of the Argentine offensive by Malvinas. But Rockhopper discovered oil in Sea Lion in 2010, Argentina declared it clandestine in 2012, denounced it criminally in 2015, sanctioned Navitas in 2022 and the government itself [...]
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