Wednesday, January 20th 2010 - 08:55 UTC

Chile and China make huge investments to increase copper production

Codelco, Chile’s government copper corporation plans to develop 1.9 billon USD in a subterranean mine

Chile’s state-owned mining company, Codelco, last week announced a 1.9 billion US dollars project to develop a subterranean mine at its Chuquicamata opencast mine facility in Chile’s northern Atacama region (region III).

Thursday, January 14th 2010 - 12:07 UTC

Petrobras expands its operations to Portugal and Turkey

The Brazilian giant together with ExxonMobil will explore for oil in the Black Sea

Brazil’s government managed oil giant Petrobras is in talks to buy a stake in Portugal’s Galp Energia, Brazil’s Mines and Energy Minister Edison Lobao told reporters Wednesday in Brasilia.

Friday, January 8th 2010 - 20:45 UTC

Falkland Islands: Drilling preparations step up a gear onshore

Ocean Guardian oil rig left Las Palmas on her way to the Falklands

AS the semi-submersible drilling rig Ocean Guardian, contracted by Desire Petroleum from Diamond Drilling, continues to make its way south, a number of oil operators are scheduled to visit the Falklands to meet with government officials this month.

Wednesday, January 6th 2010 - 13:08 UTC

Brazil consolidates position a world leader in meat markets

In spite of a “cheap” dollar Brazil’s chicken industry is confident of its leading position in the world

Even when Brazilian meat and chicken exports are recovering at a slower pace than anticipated, representatives from the industry and market analysts anticipate that overseas sales should retake pre-crisis levels by the end of 2010, if not in price, in volume.

Thursday, December 31st 2009 - 04:39 UTC

IDB record loan approvals but needs capital increase by 2011

IDB President Luis Alberto Moreno: for 200 million Latinamericans macroeconomics is an “abstraction”

The Inter-American Development Bank set record levels of loan approvals and disbursements in 2009, playing a counter-cyclical role by providing financing to Latin American and Caribbean countries in the face of the global economic crisis.

Tuesday, December 29th 2009 - 07:14 UTC

Korea wins 40 billion USD mega-project to build nuclear plants in UAE

The Koreans beat the US, Japan and France

A South Korean consortium has been awarded a contract worth an estimated 40 billion US dollars to build four nuclear power plants in the United Arab Emirates. The group, led by the Korea Electric Power Corp (Kepco), beat bids from a US-Japanese group and a French firm.

Sunday, December 27th 2009 - 06:34 UTC

Dutch dredger operating in Tierra del Fuego bunkers in Falklands

Trailing suction hopper dredger Prins der Nederlanden

An unusual visitor to the Falkland Islands last week was the Prins der Nederlanden, which anchored in Port William for the second time to receive fuel, reports the local Penguin News.

Friday, December 25th 2009 - 16:27 UTC

Uruguay expects record harvest of wheat; soybean becomes the main crop

In the last decade Uruguay has seen the plantation of soybeans and wheat soar

Uruguay’s is expecting a record wheat crop for the second year running in 2009 while the barley harvest is forecasted as the largest in the last ten years according to the Statistics Office from the Ministry of Agriculture, Livestock and Fisheries.

Thursday, December 24th 2009 - 09:52 UTC

Father Christmas arrives for Lan Chile with contract for 30 Airbus A 320

Lan has repeatedly proved it is one of the leading passenger and cargo airlines of Latinamerica

Chilean flag carrier LAN Airlines and its subsidiaries, one of the leading airlines in Latin America, announced Wednesday that the Company signed a contract for the purchase of 30 Airbus A320 family aircraft to be delivered between 2011 and 2016.

Wednesday, December 23rd 2009 - 15:50 UTC

YPF unveils five year plan to explore for oil and gas in the Falklands basin

YPF Chief Executive Sebastian Eskenazi

Argentina's YPF, the local unit of Spanish oil major Repsol, said on Tuesday it would explore for oil and natural gas in the Falkland/Malvinas Islands basin as part of a five-year exploration program.


Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!