Investments
InvestmentsAerolineas Argentinas announces deal for 20 Next-Generation 737-800 Boeings
Argentina's flag carrier Aerolineas Argentinas amd Boeing have completed an agreement for 20 Next-Generation 737-800 airplanes, an operation valued at 1.8 billion dollars (list price) which is seen as an effort by the Argentine government to modernize its fleet and increase passenger satisfaction.
Brazil auctions 35-year production rights to giant offshore Libra oil area
Brazil sold production rights to develop the giant offshore Libra oil area to a consortium led by Brazilian state-run oil company Petroleo Brasileiro SA in an auction with a single bid on Monday. The auction in Rio do Janeiro took place amid strict security measures with hundreds of police forces clashing with protestors.
Falklands oil company purchases dock facility and readies for 2015 drilling
Noble Energy the US oil company involved in hydrocarbons exploration in the Falkland Islands has already purchased a temporary dock facility, is looking for a rig to start exploratory drilling in early 2015 and next month begins additional 3D seismic surveying.
New highway in clogged-Brazil opens more possibilities for grain exports
A highway, decades in the making, will finally open in Brazil offering a shortcut through the Amazon jungle to north-eastern waterways for the growing corn and soybean trade. The BR-163 highway connecting Mato Grosso state's soy belt to two key river ports will boost grain exports by some 3 million tons next year, offering a bit of relief to congested ports in the southeast, where most shipments originate.
Russia making inroads as defence and technology supplier to Brazil
Brazil is pushing ahead with a planned one billion dollars purchase of anti-aircraft missile batteries from Russia in a deal that will cement a strategic defence partnership between the two BRICS nations, the Brazilian Defence Ministry said.
Pulp mill dispute: Uruguay rejects Argentine ultimatum and doubles the bet
The Uruguayan government rejected on Wednesday Argentina’s ultimatum referred to the UPM (former Botnia) pulp mill production expansion, and doubled the bet by proposing a reform of the shared River Uruguay Statute to increase environmental impact standards but also include both margins of the waterway.
Uruguay is the natural gateway to Mercosur markets Falkland Islands businessmen told
A visiting delegation from the Falkland Islands Chamber of Commerce heard on Monday from the Vice-Chairman of the Uruguay-British Chamber of Commerce, Guillermo Wild, that Uruguay offered unrivalled opportunities for trade and access to Latin American markets.
Premier Oil, with Falklands’ interests buys into exploration project in Kenya
Premier Oil, which has a farm in agreement with Falkland Islands Rockhopper Exploration, is buying into an exploration project in Kenya, by farming into onshore Block 2B.
Argentina denies having set any ultimatum regarding the pulp mill controversy with Uruguay
The Argentine Foreign ministry denied on Friday it had given a two-day ultimatum to Uruguay to suspend the decision allowing the controversial Botnia/UPM pulp mill a production expansion and also demanded an immediate return to bilateral negotiations.
Balancing Geological Potential and Political Risk: Interview with Tony Hayward
From Kurdistan to Somaliland, for independent oil companies, getting your hands on new exploration acreage where both technical risk and political risk are low is impossible. Exploring for oil and gas in new frontiers is all about striking the right balance between geological potential and political risk. Take it from Anglo-Turkish Genel Energy, the largest producer in the Kurdistan Region of Iraq (KRI), where it seems nothing can shake investor confidence right now.
