Oil in Falklands: the Shares of the Companies in Charge of Exploiting Sea Lion Fall to 10% After Milei's Speech
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The actions of the oil companies Rockhopper Exploration and Navitas Petroleum operate in red when they average the wheel this Friday after the announcement of the Argentine government to tighten sanctions if they advance with the exploitation of hydrocarbons in the Malvinas Islands. At the beginning of the operations the falls were up to 10%, but with the running of the transactions they had a recovery. At noon in Argentina, the value of the act…
Canal C After Milei's announcement, oil stocks fall in Malvinas Rockhopper lost 6.5% and Navitas retreated 2.3% after announced measures.The publication After Milei's announcement, oil stocks fall in Malvinas appeared for the first time in Canal C
While they started the wheel with strong falls, by averaging the wheel they cut the loss
The papers of Rockhopper Exploration and Navitas Petroleum, which intend to start activity on the islands in 2028, were backsliding on Friday.
The two companies licensed to operate the Sea Lion oil field, to the north of the Malvinas Islands - of British sovereignty and claimed by Argentina - today minimized the threats of the Argentine president, Javier Milei, to apply sanctions to those who exploit the natural resources of the islands. In a joint statement, the British Rockhopper and the Israeli Navitas stressed that the licenses "legally granted" by the local government in Malvinas …
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