Guardian report.

Oil firm Rockhopper Exploration has raised £48.5m from the stock market to fund its drilling operations off the Falklands Islands.

[...]

However, the Argentinian government remains opposed to the drilling. Twenty eight years after the Falklands War, it still hopes that Britain's hold on the islands can be loosened. Later today the Organization of American States (OAS) will debate "the colonial situation of the Malvinas, South Georgia and South Sandwich Islands and adjoining maritime spaces".

BBC report.

Shares in Desire Petroleum have almost halved after the oil explorer said a well being drilled off the Falkland Islands may not be economically viable.

Telegraph report.

HMS York, a type 42-destroyer, was on a "tight leash" patrolling the seas around the islands in response to rising tensions over British firms oil explorations activities near the Falklands. Argentina has demanded a halt to "illegal" oil drilling around the Falkands and on Wednesday imposed a permit system on ships passed from its ports to the island.