Falklands Oil Shock: An Argentine federal judge has ordered a temporary halt to the Sea Lion offshore project, targeting Rockhopper (UK) and Navitas (Israel) and barring drilling, subsea work and port construction until an environmental impact assessment is completed. Funding Update: Rockhopper says it has raised about US$20m gross in a shareholder open offer, aiming to bring in roughly US$200m to help fund its Sea Lion stake and a second FPSO. Argentina Cracks Down: Buenos Aires has sent Congress a bill to toughen sanctions on any unauthorised exploitation of natural resources around the Malvinas/Falklands, replacing a 2011 hydrocarbons-only framework and creating a National Security Council to coordinate enforcement. Legal Pressure Spreads to Fishing: An Argentine law firm has filed a criminal complaint against seven Spanish fishing firms accused of operating in Argentine waters using British Falklands licences. UK Licensing Decision Looms: UK Foreign Secretary Ed Miliband will have the final say on licence renewals for Sea Lion and a new Darwin phase, with critics warning his wider net-zero stance could delay approvals. Local Security Talk: A Falklands MLA says island defences are “state of the art” and that regular briefings give “absolute assurance” of security, including planned Typhoon upgrades. Business Angle: HX Expeditions launched its 2028-29 season, including new Stanley-based Antarctic departures, positioning the Falklands as a gateway for expedition travel.