Stories for June 9th 2007
Saturday, June 9th 2007 - 21:00 UTC
Argentine gas cuts pushes Chilean energy plant to bankruptcy
Enersis, a subsidiary of the Chile's energy giant Endesa, will provide GasAtacama with 20 million US dollars needed to save the electricity supplier from imminent bankruptcy.
Lacking a steady supply of natural gas from Argentina, GasAtacama has had to burn expensive diesel to generate electricity. It is thus incurring losses each day it continues to operate.
Published in:
Energy & Oil, Argentina.
Saturday, June 9th 2007 - 21:00 UTC
Brazilian Senate could block Venezuela's Mercosur membership
Despite recent conciliatory gestures between the presidents of Brazil and Venezuela, Brazil's Senate has shown a new determination to block full membership for Venezuela in Mercosur as part of the fallout from the revocation of Radio Caracas TV's license.
