Politics · 3 hours ago
Ed Miliband approves new Falklands oil field, angering Argentina
Alecsandra Dragoi / No 10 Downing Street via Wikimedia Commons (OGL 3)
Foreign Secretary Ed Miliband has approved a significant new oil field development in the seas surrounding the Falkland Islands. The decision is expected to anger Argentina, which claims the islands, and President Javier Milei has threatened to arrest company executives. The Sea Lion field is projected to commence production next year and is estimated to hold as much as 1.7 billion barrels of oil.
Reported by The Telegraph · How we write briefs