Stories for April 6th 2004

Tuesday, April 6th 2004 - 21:00 UTC

Offshore oil surveying concludes for this season.

Another stage in the search for hydrocarbons in the waters surrounding the Falkland Islands concluded last week when two vessels involved in surveying acreage licenced to Desire Petroleum in the North Falkland Basin left for the River Plate, reports the latest edition of Penguin News.

Tuesday, April 6th 2004 - 21:00 UTC

World trade set to expand 7,5% in 2004.

World trade should expand 7,5% in 2004, as long as there are no setbacks to the world economy reported this Monday in Geneva the World Trade Organization, WTO.

Tuesday, April 6th 2004 - 21:00 UTC

Argentina raises wholesale natural gas prices 40%

Following an agreement reached over the weekend with the Argentine government, natural gas producers will be allowed to increase wholesale prices by 40% as long as they guarantee full supply to domestic consumers until 2007.

Tuesday, April 6th 2004 - 21:00 UTC

Chilean irritation with Argentina.

The Chilean government reiterated this Monday its irritation with Argentina following Buenos Aires decision to reduce natural gas exports to Chile. “International agreements are based in good faith”, underlined Chilean Ministry of Interior Jose Miguel Insulza confirming Chile's dissatisfaction with Argentina's attitude.

Tuesday, April 6th 2004 - 21:00 UTC

Mexico celebrates 100 years of oil industry.

Mexican government owned oil corporation Pemex is planning to drill its first deepwater well this year to commemorate the 100th anniversary of the first well drilled in San Luis de Potosi making Mexico one of the world's leading producers.