The Argentine government rejected this week calls from the head of Brazil's government owned oil company, Petrobras, for changes in energy pricing in Argentina, where gasoline and diesel prices have been virtually frozen for more than four years.
United States Treasury Secretary Henry Paulson arrived in Guatemala Monday vowing to back efforts to expand the benefits of free trade, combat poverty and promote bio-fuels such as ethanol.
Five of the world's leading producers of natural gas, Venezuela, Algiers, Qatar, Iran and Russia will be launching the gas OPEC during the next energy conference scheduled for April 9 in Doha according to a report from the Russian newspaper Kommersant, quoting Arab diplomatic sources.
At one o'clock Sunday, March 10th, Chileans will have to set clocks sixty minutes back officially signaling the beginning of winter time.
Peru's government owned oil company Petroperu signed memorandums of understanding with a French firm to build a 500 million US dollars gas pipeline and with a Brazilian company to construct 2.8 billion in petrochemical projects.
Six days after Chile's government announced a committee to investigate the feasibility of nuclear power, Mining and Energy Minister Karen Poniachik said this week that no nuclear program would start during President Michelle Bachelet's term. The committee's study, costing 200.000 US dollars, will however go ahead.
Brazil's government managed oil company Petrobras and the Japan Bank for International Cooperation signed Monday in Rio do Janeiro a memorandum of understanding on bio-fuels announced Monday, Petrobras.
Rockhopper Exploration plc (the Company) is pleased to announce a placing (the Placing) of up to 3,588,700 new ordinary shares (the Placing Shares) at a subscription price of 37 pence each (the Placing Price) by Teather & Greenwood Limited with institutional and other investors to raise up to £1,328,000 (before expenses).
The world's two top ethanol producers, United States and Brazil, announced the creation of an international forum to help turn biofuels into a globally traded commodity, just days before the two countries are expected to sign a separate agreement promoting the industry across the Western Hemisphere.
Mining companies may be required to pay a windfall tax in South Africa if the recommendations of finance minister Trevor Manuel's task team are implemented, South African daily Business Day reported this week.