Investments

Investments
Wednesday, January 19th 2011 - 09:18 UTC

Falkland Oil & Gas Limited Exploration Update

FOGL, the oil and gas exploration company is pleased to announce an exploration update with respect to its licence interests offshore the Falkland Islands and in particular to its 100% owned and operated southern licences. FOGL also holds a 49% interest in licences collectively referred to as the northern licences in which BHP Billiton holds 51% and is operator.

Tuesday, January 18th 2011 - 18:32 UTC

YPF To Begin Offshore Exploration In Tierra del Fuego

A spokesperson for the Argentine oil firm YPF informed that exploration work is scheduled to begin this quarter on the coast of Tierra del Fuego, a province located off the southernmost tip of the South American mainland.

Monday, January 17th 2011 - 23:22 UTC

Falklands: FOGL prospects show promise, says broker

FALKLAND Oil and Gas Limited has the potential to offer investors returns of 130 per cent in the medium term, according to the Jefferies brokerage.

Monday, January 17th 2011 - 13:32 UTC

Uruguay: A new pulp mill goes ahead

Montes Del Plata, a 50/50 joint venture between Chilean Arauco and Finnish Stora Enso, manufactures cellulose pulp from wood, and has been operating in Uruguay since 2009.

Tuesday, January 4th 2011 - 07:43 UTC

Desire Petroleun plc: Dawn Well Operational Update

Desire Petroleum plc (AIM:DES) the company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a total depth of 1,697 metres in pre-rift sediments.

Wednesday, December 29th 2010 - 07:48 UTC

Falklands: Desire Petroleum plc - Operation Update

Desire Petroleum plc (AIM:DES) the oil and gas company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a depth of 1,313metres.

Monday, December 27th 2010 - 08:57 UTC

LAN and TAM ready to become Latam’s largest airline

The planned merger of the two companies is expected for the first half of 2011

Chile's flag carrier LAN expects its planned merger with Brazil's TAM to clear regulatory hurdles and take flight in mid-2011, a top executive of the Chilean airline said in a radio interview on Friday.

Monday, December 27th 2010 - 08:50 UTC

Bolivia announced plans to invest 1.7 billion in the energy industry next year

State-owned oil company YPFB president Carlos Villegas

Bolivia plans to invest 1.73 billion US dollars in the energy industry in 2011, focusing on gas to ensure adequate production to supply Argentina and Brazil, as well as the domestic market, the head of state-owned oil company YPFB, Carlos Villegas, said.

Tuesday, December 21st 2010 - 20:18 UTC

LAN confirms Latam record order for 50 medium-hauls A320 airliners

 The first aircraft will begin to be delivered in 2013

European aircraft manufacturer Airbus said Tuesday it had received a firm order from Chilean carrier LAN for 50 medium-haul A320 airliners, which at catalogue prices would be worth more than 4 billion dollars. Airbus said the LAN commitment was the manufacturer's largest single aircraft order ever recorded in Latin America.

Tuesday, December 21st 2010 - 18:11 UTC

Chile’s state oil company looking for associates to drill in Tierra del Fuego

ENAP Magallanes Exploration and Production manager Roberto McLeod

Chile's state oil firm ENAP is seeking joint ventures with foreign companies to explore for crude and gas at five blocks in the country's extreme south region and has invited over twenty corporations to participate, announced the company.

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