Latest / Argentina News Today | 2 Min News | The Daily News Now!
Argentina Targets Oil Firms Near Malvinas | Argentina News
Argentina escalates its push for sovereignty over the Malvinas, slapping sanctions on 15 more groups and individuals—bringing the total to 60—as part of a crackdown on illegal hydrocarbon activity they claim violates their continental shelf rights. The move follows a criminal lawsuit against five oil firms tied to Navitas Petroleum, Israel’s lead operator of the Sea Lion drilling project near the islands. With Navitas holding 65% of the venture and Rockhopper Exploration the remaining 35%, Argentina is targeting all stakeholders to send a clear message: these territories belong to Argentines…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.