Chile’s Public Works Ministry (MOP) will invest 9.1 million US dollars to remodel infrastructure surrounding Santiago’s Arturo Merino Benitez International Airport in order to reduce traffic and improve experiences for air travellers.
Gold rose Thursday to a one-month high as rising consumer prices in United States and the UK boosted investor demand for an inflation hedge. Silver touched a 30-year high.
Some of the world’s leading oil companies turned up at the Uruguay Round II informative session for operators interested in participating in the biding process for offshore exploration in Uruguay’s South Atlantic.
India’s Jindal Steel & Power plans this year to export 1 million tons of iron ore concentrate from Bolivia’s El Mutun mine, the firm said. Following on some problems that have been overcome, exports will begin in March reported Jindal Bolivia’s communications manager, Eduardo Prudencio.
A rail alternative to the Panama Canal built by China is being considered by Colombia in a move that would boost trade between Asia and South America. The 220 kilometers 'dry canal' would link Colombia’s Atlantic and Pacific coasts by rail, according to Juan Manuel Santos, the president of Colombia.
Brazil's government managed oil and gas giant Petrobras said on Friday that local shipyard Estaleiro Atlantico Sul (EAS) had won the tender to build seven drilling rigs in Brazil.
A well drilled by Rockhopper Exploration off the Falkland Islands struck a good quality reservoir that bodes well for further development in the area announced the UK explorer in a release.
Carlos Slim considered by Forbes Magazine the richest man in the world said he’s seeking to boost his investments in Colombia because of the country’s open policy on oil exploration, its mineral assets and growing middle class.
United States unveiled a strategy to spend 53 billion US dollars on high-speed rail and intercity network over the next six years. It's a plan that will, according to Vice-president Joe Biden, bring the US closer to giving 80% of Americans access to high-speed rail in the next 25 years.
UK based oil drilling services company Ensco PLC said Monday it has agreed to buy US rival Pride International Inc. in a 7.3 billion US dollars cash and stock deal that will create the world's second largest off-shore drilling company.