Falkands Oil work faces delay as Argentina threatens drillers

Oil explorers in the Falklands have been forced to delay drilling work due to falling petroleum prices as a diplomatic spat between Argentina and the UK over drilling around the islands intensifies.

Argentine threat over Falkland Islands oil operations

Argentina has threatened oil businesses operating off the Falkland Islands with fines, confiscations and jail sentences for their executives.

Falkland Islands liquid gas find commercially viable say explorers

British oil explorer Borders and Southern Petroleum said on Monday the development of its gas condensate discovery in the Falkland Islands was commercially viable.

Falkland Islands: Premier Oil plan leads UK and Argentina to new dispute

Britain put itself on a collision course with Argentina over the disputed sovereignty of the Falkland Islands when it gave explicit support to a £600m plan to develop oil reserves in the south Atlantic on Wednesday.