Investments
InvestmentsThousands camp in the Peruvian Andes to protect a lake from major gold mining project
Thousands of opponents of a 5 billion dollars gold project of Newmont Mining circled a lake high in the Andes, in Cajamarca province vowing to stop the company from eventually draining it to make way for Peru's most expensive mine.
Duchess of Cambridge christened the new “Royal Princess” in Southampton
Kate Middleton christened the new ‘Royal Princess’ cruise ship in a ceremony in Southampton. The Duchess officially named the ship as she stood on the naming platform with the ship's Captain Tony Draper. “I name this ship Royal Princess. May God bless her and all who sail in her,” Middleton said. She then cut the rob that sent a bottle of Moet & Chandon champagne crashing into the ship, officially welcoming the new ship into the fleet of Princess Cruises.
Nicaragua approves transoceanic canal to rival with Panama and to be built by Hong Kong company
The Nicaraguan Congress has approved a proposal to have a canal built linking the Pacific and the Atlantic Oceans. A Hong Kong-based company has been granted a 50-year concession to build the waterway, which will rival the Panama Canal.
Norway’s Statoil cools new project: tax changes and government delay in building support port
On account of applicable Norwegian Government tax changes Statoil as operator has recommended a delay of the investment decision for the Johan Castberg project in the Norwegian Barents Sea.
Argentina promotes oil and gas opportunities at the British-Argentine Chamber of Commerce in London
The Seminar “Argentina Oil & Gas 2013” organized by the British Argentine Chamber of Commerce (BACC) with the support of the Law Society and UK Trade and Investment Department took place last Thursday June 6 and highlighted Argentina’s century long experience in the hydrocarbons industry.
China set eyes on Latam agriculture to promote cooperation and food security
China is determined to strongly stimulate agriculture cooperation with Latin America to improve bilateral trade in the field, develop farming technology and improve productivity. This was the main conclusion of the recent China/Latinamerica Agriculture Cooperation Forum held in Beijing which convened over twenty Agriculture ministers from the region with host minister Han Changfu.
Fast-track debate in Nicaragua to consider Chinese project for an inter-ocean canal
Nicaragua is moving closer to granting a Chinese company a 100-year concession to build and operate a canal linking the Atlantic to the Pacific.
Construction of the waterway would take 10 years and cost 40 billion dollars.
Falkland Islands Holdings results confirm success of South Atlantic oil industry
Falkland Islands Holdings' shares rose on Monday after it posted an increase in underlying pre-tax profits and looked forward to 'an exciting future'. FIH reported underlying pre-tax profits of £3.29m for the year to the end of March - 1.9% up on last time.
Piñera blasts environmental licensing for giant Pascua-Lama gold mine project
Chilean President Sebastian Piñera blasted the environmental review process that led to a permit for Barrick Gold’s, now-suspended 8.5 billion dollar Pascua-Lama gold mine project.
Falklands’ oil company completes second 3D survey over its Southern licenses
Falkland Oil and Gas (FOGL) reported Thursday the completion of a 3D survey over its Southern Area licenses offshore the Falkland Islands. FOGL said the survey aimed to target a number of prospects and leads immediately to the west and northwest of the Darwin condensate discovery.
