Petroleos de Venezuela SA and Italy’s Eni SpA said they’ll jointly invest 17 billion US dollars to produce and refine heavy crude in the Orinoco Belt.
The Falkland Islands will continue to be an important focus for European exploration and production (E&P) oil and gas investors in the near term, according to research by Goldman Sachs.
Chile, Peru and Uruguay rank as the countries with the best business climate according to a report from the Brazilian foundation Getulio Vargas, FGV. The October report released this week ranks Chile with 7.5 points; Peru, 7.1; Uruguay, 7; Brazil, 6.8; Colombia, 6.8; Paraguay, 6.5; Argentina, 5.9 and Bolivia, 5.6.
Alternative Latin Investor is proud to present its latest special report, Latin America Real Estate Investment 2010. <br />
The report covers the commercial, residential and tourism sectors within Brazil, Mexico, Colombia and Peru with special sections on Agricultural Land Investment in Argentina and the massive Panama Pacífico Project.
German Chancellor Angela Merkel said the Euro is the glue that holds Europe together, signalling that an Irish bailout may be the price of preserving European unity.
Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, is pleased to announce its interim results for the six months ended 30 September 2010
Placing a huge bet on the global commodities boom, the world's biggest heavy machinery maker, Caterpillar Inc., announced plans Monday to acquire mining equipment company Bucyrus International for 7.6 billion US dollars.
In spite of healthy economic growth in Latin America, local and foreign companies alike single out one area as deficient, especially compared with Asia: infrastructure.
Japan’s Sumitomo and Mitsubishi will send experts and equipment to Bolivia to support efforts to produce value-added lithium by-products in the Andean nation, state media reported.
Brazil’s government managed oil and gas corporation Petrobras announced it leased 20 foreign drilling rigs that will start operating in the next two years as it seeks to boost its capacity to explore for and produce oil.