Rockhopper Exploration has reiterated its intention to start drilling over its licenses in the North Falkland basin as soon as rig availability, financing and relevant consents have been resolved.
The Dean of Tasmania University recently visited Punta Arenas in the extreme south of Chile a special guest of the Magallanes University. The two institutions have close links in Antarctic research and climate change projects.
The first Venezuelan telecommunications satellite was launched Wednesday from the western Chinese province of Sichuan. The 3.1 ton satellite, named after Latin American liberator Simon Bolivar, was built by China at a cost of 406 million dollars and puts Venezuela in the region's space club which includes Brazil and Argentina.
Sao Paulo Alpargatas, Brazil largest textile and Footwear Company announced Friday the acquisition of Alpargatas Argentina, turning the consolidated company into a bi-national corporation leader in its sector in Mercosur and Latinamerica.
The United States Justice Department said on Monday it will allow Brazil's JBS to buy the beef operations of Smithfield Foods Inc for 565 million US dollars which, based on industry estimates, would make JBS the second US beef producer.
Dubai announced on Sunday plans to build a more than one kilometer high sky scraper, an undertaking that will demand over ten years to construct and billions of dollars, possibly becoming the world's tallest building, according to developers Nakheel.
Norwegian aluminum group Norsk Hydro announced on Thursday that it will join with the Brazilian metals and mining company Vale Doce to build a new alumina refinery in northern Brazil, an investment totaling 2.6 billion US dollars.
If all works out as planned The Wall stadium in Doha, Qatar's capital city, will claim two firsts: the world's first underground stadium and the world's first open-air, air-conditioned stadium. There's a long way to go however and the stadium is not due to be completed until 2010 at the earliest.
FALKLAND Islands port development has taken another step forward with the appointment of a Major Projects Manager.
Mexican billionaire Carlos Slim has bought a 6.4% stake in publisher of the New York Times, according to a US regulatory filing.