Rockhopper Exploration which has a joint venture agreement with Premier Oil offshore the Falkland Islands, described the oil exploration campaign now terminated as a 'huge success' and underlines the postponement of the Chatham well drilling will have no impact on the Field Development Plan for the Sea Lion oil discovery development.
The Falkland Islands government and Premier Oil have announced on Friday the ocean rig 'Eirik Raude' contract termination, which in practical terms puts an end to the current exploratory campaign and the scheduled drilling of the Chatham well. Nevertheless both sides underlined the success of the now terminated campaign with the oil di...
French president Francois Hollande is scheduled to visit Peru, Argentina and Uruguay in the last week of February, and in a display of Gallic diplomacy expects to promote trade, investments and French interests in the region.
By Jaime Trobo (*) - For some time now we have been arguing that Uruguay must strengthen its bonds and contacts with a neighboring territory, in the southern cone, part of our American continent, where families who arrived in our region during the first half of the XIX century live, and with whom those contacts, once very intense, have waned, pa...
Continuing with his economic reforms Argentine president Mauricio Macri announced on Friday the elimination of export duties for metallic and non-metallic minerals during a visit to the province of San Juan, a key mining district in Argentina. At the announcement were present several other provincial governors with strong interests in the mining industry.
CONCACAF (Central America, North America and Caribbean Football Confederation) deputy general secretary Jurgen Mainka says the purpose of this week’s meeting in Miami was to discuss FIFA and CONCACAF reforms, not to decide on which FIFA presidential candidate the regional confederation will support.
Two weeks before the presidential election, FIFA's top judge bans former secretary general Jerone Valcke for 12 years for misconduct relating to World Cup ticket sales, travel expenses and destruction of evidence.
Hedge fund Aurelius Capital Management, one of the major creditors in the Argentine bond litigation who has not agreed to participate in a proposed $6.5 billion settlement, called Argentina's decision to return to court in the dispute baffling.
In the midst of ongoing negotiations in the United States courts between the administration of President Mauricio Macri and holdouts to reach an agreement, special master Daniel A. Pollack on Friday issued a statement reiterating “two major holdouts reached agreements in principle with Argentina to settle their claims.
One of the world's largest and most iconic cruise vessels called at Ushuaia, extreme south of Argentina, on Thursday following an absence of over ten years. Given the size of the 'Queen Mary 2', she anchored in the bay and those passengers of the 2.600 on board who decided to land were brought ashore in tenders.
By Uki Goñi -
”Because here nobody is better than anybody else.” The phrase, one of this small South American country’s most cherished sayings, dates back to the 19th century and is often repeated by its thinkers, presidents and everyday citizens. As a simple expression of the democratic spirit, it sums up how Uruguayans feel about their homeland.
Bad news for Mercosur aspirations. Low standards at schools in most of South America are a common problem according to the latest report by the Organization for Economic Cooperation and Development, OECD, which has the region's students among the last fifteen in a list of 64 countries.
The International Monetary Fund (IMF) has nominated current managing director Christine Lagarde for the second term, IMF Executive Board Dean Aleksei Mozhin said in a statement on Thursday.
France called on the European Commission to do more to help its struggling livestock industry, seeking to defuse protests that have seen farmers block highways and supermarkets.
- Energy & Oil
- Petrobras faces legal challenges in the billions from international investors
- Brazil's economic outlook worsens, according to latest central bank survey
- Falklands' oil industry development continues despite slump in crude prices
- Mod funds to design the successor of Royal Navy's Vanguard class submarines
- Fed warns about uncertainty in China and tightening financial markets
- ICAO agrees on first binding limits on emissions from the aviation industry
- Brazil reopens crucial waterway for transporting soy; water was used to generate power
- Magallanes enjoying an unexpected excellent cruise season