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Argentina probes 60 people and companies over Falklands oil without disclosing new names

Summary by Merco Press
Argentina's government has raised to 60 the number of individuals and companies subject to administrative proceedings over oil activity in waters near the Falklands, after opening case files against 15 more parties whose identities it did not disclose.

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Argentina has expanded its crackdown on oil exploration off the Falkland Islands, initiating sanctions against 15 more individuals and entities, DPA reported, BTA reported. President Javier Milley's office announced the new actions late last night, bringing the total number of individuals and entities targeted by sanctions to 60. The announcement did not name the individuals or companies targeted. The Argentine government announced earlier this …

For years, squid and wool have been the most important products of the Falklands economy. But in just two years, it could be oil. At that time, extraction is expected to begin at the Sea Lion oil field, located about two hundred kilometers north of the inhospitable archipelago in the South Atlantic. -

·Bratislava, Slovakia
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Nation.Cymru broke the news in Wales, United Kingdom on Wednesday, September 9, 2026.
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