At least 15 more shale oil and gas wells will be drilled in Argentina's Patagonia Chubut province over the next three years, a provincial official said on Thursday, a day after its first shale discovery was made public.
The 5th Annual Global Mining Technology Forum will be held in October 2014 in Santiago to discuss the mining industry's way forward in technology adaptation. Fleming Gulf Conferences has announced that the 5th edition of it's flagship mining conference will take place in October 2014 in Santiago, Chile.
Ocean Rig has reportedly received a contract for its Eirik Raude semi-submersible rig for a drilling campaign in the Falkland Islands. According to Offshore.no, a Norwegian energy news website, the rig will be used by Noble Energy and Premier oil for their respective drilling campaigns in the Falkland Islands waters in 2015
President Dilma Rousseff has “guaranteed” Brazil's airports will be prepared to welcome visitors for the World Cup, which starts on June 12 in São Paulo. Rousseff made the comments on her weekly ''Breakfast with the President'' national radio program following criticism that a number of airports which were promised to be completed for the key football tournament remain unfinished.
A group of managers representing Punta Arenas port facilities, logistic companies and shipping companies visited the Falkland Islands last week with an ultimate aim to offer solutions to the current and future commercial needs of the Islands.
US telecommunications firm AT&T will acquire satellite television provider DirecTV in a cash and stock deal valued at $48.5bn (£29bn). If approved, the deal gives AT&T access to DirecTV's 40 million digital TV customers in the US and Latin America.
Argentina's YPF CEO Miguel Galuccio proposed on Thursday in Bolivia a G10 of Latin American state owned oil corporations to strengthen their bargaining power based on their resources and development synergy.
Argentine state-controlled oil company YPF on Thursday defended the partnership deal it reached with one of the world's largest energy corporations, Chevron Corp., two days after a court ordered a probe into alleged irregularities associated with the pact.
Exploration drilling in the waters off the Falkland Islands will resume in the second quarter of next year, according to Premier Oil. Negotiations are currently underway with rig contractors and joint venture partners, the company said in its interim management statement which was approved as the annual general meeting.
Archaeologists believe they may have found the wreckage of the Santa Maria, one of the ships Christopher Columbus used to sail the ocean blue en route to the “New World” more than 500 years ago.