Spain`s Canary Islands fume over oil exploration

Spain`s government sparked an outcry Thursday by giving oil group Repsol the all-clear to explore for oil and gas off the coast of the tourism-dependent Canary Islands.

Spain okays Repsol plan for Canary Islands exploration

The Spanish government on Thursday gave oil giant Repsol the green light to explore for oil and gas off the coast of the Canary Islands, a move that environmental groups described as "unjustifiable".

Argentine congress OKs payoff to Repsol for YPF seizure

Argentina`s lower house of Congress approved a deal Thursday to compensate Spanish oil giant Repsol with $5 billion in bonds for the 2012 seizure of its subsidiary YPF.