Investments

Friday, January 29th 2016 - 04:11 UTC
Canadian company interested in Uruguay's main (broke) fish industry complex

A Canadian corporation, Cooke Aquaculture is apparently interested in taking over Uruguay's main fish industry company, FRIPUR, which is under administration and liquidation and ended all operations almost six months ago.
Friday, January 22nd 2016 - 04:45 UTC
Macri/Cameron coincide on new relationship; Falklands left for further on

Argentine President Mauricio Macri met on Thursday with British Prime Minister David Cameron in Davos as both leaders attend the World Economic Forum in Switzerland. The atmosphere of the meeting was described as 'very positive' and several steps of a new relationship were announced, while the Falklands/Malvinas issue was left for further on.
Friday, January 22nd 2016 - 04:33 UTC
UK position on Falklands remains as expressed by 2013 referendum, Cameron tells Macri

The United Kingdom government has released a statement pointing out the “three areas” British Prime Minister David Cameron and President Mauricio Macri “covered” during their Davos meeting on Thursday.
Tuesday, January 19th 2016 - 08:06 UTC
Falklands oil explorers Rockhopper Exploration and FOGL completed merger

Two leading firms in Falkland Islands offshore oil exploration have completed their merger, it was announced on Monday.
Thursday, January 14th 2016 - 06:11 UTC
Falklands' Sea Lion development will utilize 18 wells to recover 220 mmbbls, anticipates Premier Oil

Premier Oil provided on Wednesday a Trading and Operations Update ahead of its 2015 Full Year Results which will be announced on Thursday 25 February 2016, which included an upbeat on its Falkland Islands operations mainly at the Sea Lion field.
Thursday, January 14th 2016 - 05:48 UTC
Rio mayor confident the city has the funds to host the 2016 Olympic Games

The mayor of 2016 Olympic host city Rio de Janeiro insisted authorities had the finances to avoid disruption to the summer Games despite Brazil’s recession. Latin America's largest economy is suffering from a deep recession and soaring inflation -- a contrast to the boom times of 2009, when Rio won the right to host the Olympics.
Monday, January 11th 2016 - 13:50 UTC
Argentina and Uruguay praise new spirit in relations and “return to normality”.

Foreign Minister Susana Malcorra said that the meeting between President Mauricio Macri and his Uruguayan counterpart Tabare Vazquez last Thursday symbolized a “return to normality” for bilateral relations between the two neighbours.
Monday, January 11th 2016 - 11:14 UTC
Falklands' reveals oil at the Isobel/Elaine project and several adjoining fans

Rockhopper Exploration and Falkland Oil and Gas Ltd have confirmed a significant oil discovery at the Isobel/Elaine project to the north of the Falkland Islands. According to a release from the companies the new 14/20-2 well was a ‘re-drill’ of the prior Isobel Deep well which had to be abandoned prematurely due to operational issues despite encountering oil.
Friday, January 8th 2016 - 18:15 UTC
Petrobras plans further 2016/20 investments cuts, says Sao Paulo media

Brazil state-run hydrocarbons giant Petrobras will reportedly present a five-year investment plan next month with a target lower than the US$19 billion plan announced last year. Despite two budget cuts last year, Petrobras' plans for the 2016 to 2020 period will include a further drop, with the cuts expected to come from onshore and shallow-water areas, according to a report in the Brazilian daily Estado de S Paulo.
Wednesday, January 6th 2016 - 12:02 UTC
Falkland Oil & Gas closer to completing merger with Rockhopper Exploration

Falkland Oil and Gas PLC late Tuesday took a step closer to completing the proposed all-share merger with fellow AIM-listed Rockhopper Exploration PLC after its shareholders voted in favour of the deal.