Energy & Oil

• Friday, October 14th 2011 - 08:03 UTC

  Argos raises prospective resource by 182% to 2.1 billion barrels of oil

  

  Argos Resources Limited (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin, is pleased to issue a new Competent Persons Report (“CPR”) prepared by Senergy (GB) Ltd (“Senergy”).

• Thursday, October 13th 2011 - 07:50 UTC

  Colombian president praises US congress for ratifying free trade agreement

  

  President Juan Manuel Santos praised US Congress ratification of a long-stalled free trade agreement with the United States and said it was a historic day for Colombian business and workers.

• Thursday, October 13th 2011 - 06:00 UTC

  US Congress approves free trade agreements with Colombia, Panama and S Korea

  

  The United States Congress voted Wednesday on a bipartisan basis to pass long delayed free-trade bills with Colombia, Panama and South Korea.

• Thursday, October 13th 2011 - 05:56 UTC

  Argentina calls on Mercosur to promote inter-trade and cut out of region imports

  

  Argentina called on Latin America to promote inter-trade among the region’s countries replacing the almost 460 billion dollars of manufactured goods from the rest of the world imported in 2010.

• Wednesday, October 12th 2011 - 06:39 UTC

  Falklands Desire Petroleum and Rockhopper reach farm-out agreement and on new drillings

  

  Falkland Islands Desire Petroleum plc announced Wednesday that it has agreed the terms of a farm-out agreement, subject to the approval of the Falkland Islands Government, with Rockhopper Exploration PLC over the northern section of its Tranche D (PL004) licence.

• Wednesday, October 12th 2011 - 05:58 UTC

  Uruguayan president on ten-day European trade and business tour

  

  Uruguayan president Jose Mujica left on Tuesday for a ten day visit to Europe that will take him to Sweden, Norway, Germany and Belgium, where he is expected to promote trade, investments and economic development.

• Wednesday, October 12th 2011 - 05:51 UTC

  Sharp economic predictor selling his firm because it looses money

  

  Roubini Global Economics, the global investment research firm co-founded by doom and gloom economist Nouriel Roubini, is reportedly for sale, according to a report from CNBC.

• Tuesday, October 11th 2011 - 08:27 UTC

  Falklands’ Rockhopper latest well unconvincing but drilling campaign continues

  

  Falklands’ oil explorer Rockhopper said the latest well in its controversial drilling campaign in the South Atlantic Islands has come up dry.

• Sunday, October 9th 2011 - 07:20 UTC

  Chilean controversial Patagonia mega-dam project to be appealed at Supreme Court

  

  A Chilean appeals court in Puerto Montt voted 3 to 1 to reject seven lawsuits brought against the proposed controversial HidroAysén hydroelectric mega-dam approved by the Chilean government on May 9 of this year.

• Thursday, October 6th 2011 - 02:57 UTC

  Preliminary reports show Uruguay could have on shore recoverable gas reserves

  

  The chances for Uruguay of having significant commercial reserves of natural gas and oil are on the increase according to recent reports from US Energy and Geology agencies and published in the Montevideo press.