Investments
InvestmentsRepsol-YPF CEO holds “positive and constructive” meeting with Argentine officials
The Buenos Aires media revealed late Tuesday that Antonio Brufau, CEO from Repsol-YPF, which has a dominating position in the oil and gas market in Argentina met with top officials from the President Cristina Fernandez administration.
Oil rig operating in the Falklands signs three year contract off Norway
A consortium of companies appears to be spending a large day-rate on an Ocean Rig unit which has been fixed for a firm three years off Norway. The semi-submersible Leiv Eiriksson, currently operating in Falklands waters has been wrapped up for a 15-well program over a minimum of 1070 days on the Norwegian Continental Shelf, Greek rig owner Ocean Rig said on Monday.
Argentina puts pressure on YPF: wants oil companies with long term investments
Vice President Amado Boudou brushed aside ‘Repsol-YPF nationalization rumours’ and said Argentina is interested in oil companies that make long term investments and don’t fall prey of short term financial profits.
“Leo” wines to support Messi’s Foundation programs to help children promoting sports
An Argentine winery will be launching next April a line of Sauvignon and Chardonnay with the brand name “Leo” in honour of the brilliant player and striker of the world’s currently greatest team Barcelona, Leonel Messi.
Brazil privatizes concessions of the country’s three busiest air terminals
Brazil awarded on Monday contracts for private companies to expand and operate terminals at three of the country's busiest airports, hoping concessions worth 24.5 billion Reais (14.21bn dollars) will improve the cramped and delay-plagued facilities amid soaring demand for air travel and preparations for the 2014 World Cup and 2016 Olympics.
Jackie Chan to promote Brazilian manufactured executive aircraft in China
Brazil’s aircraft manufacturer Embraer has delivered a Legacy 650 to celebrity Jackie Chan for the Chinese market. The aircraft is painted with a dragon logo.
Shell announces major investment drive to boost falling production
Royal Dutch Shell has said it will launch a major investment drive in an effort to boost falling production. The oil giant said it would spend 30bn dollars on new oil and gas projects this year, compared with 24bn in 2011.
US court rules 17 tons of 19th century rescued silver coins must be returned to Spain
A US federal judge has ruled against Odyssey Marine Exploration in its legal row with Spain over 17 tons of silver coins recovered from a sunken 19th century Spanish galleon.
Falklands’ second exploration round takes off south of the Islands
A new round of Falkland Islands oil exploration began this week when London AIM listed Borders & Southern Petroleum plc announced that their first exploration well, located approximately 140 kilometres south of the Islands, was spudded on 31st January 2012.
Buenos Aires La Nacion in talks to acquire Hispanic media group in the US
Two news sources, New York Post and New York One report that the Hispanic media group ImpreMedia is in talks with Argentine newspaper group La Nacion which is interested in the US Spanish publications.
