Mercosur

Mercosur
Saturday, March 1st 2014 - 02:29 UTC

Core-hole confirms conventional oil reservoir potential in north Uruguay

Petrel Energy Managing Director, David Casey said the exceptional permeability measurements have been surprising

Australia's Petrel Energy has confirmed the conventional oil reservoir potential of the San Gregorio and Cerrezuelo sandstones in Uruguay following detailed analysis of the Cardozo Chico core-hole samples. Petrel said that laboratory testing undertaken by Weatherford in Houston returned excellent permeability and porosity measurements.

Saturday, March 1st 2014 - 02:27 UTC

“We Are Falklands” Photo Competition

Falklands' pristine landscape

The Falkland Islands Government PR & Media Office is running a photo competition to source quality images of 'our beautiful home'. The winning photos will be printed and displayed at a central London gallery later this year to promote the stunning views, wildlife, history and community that make the Falkland Islands a truly unique place.

Wednesday, February 26th 2014 - 20:33 UTC

Brazil farmers want a Mercosur/EU trade agreement even leaving Argentina out

“We hope we will convince them, but maybe they will join at a later stage”, said Katia Abreu

Brazil would like free-trade talks between the European Union and Mercosur to include Argentina, but would be prepared to proceed without its regional ally if an understanding can't be reached on March 7, according to the head of Brazil's farming confederation.

Wednesday, February 26th 2014 - 07:10 UTC

Paraguay will chair Mercosur in the next six months, says Dilma Rousseff

The Brazilian president made the announcement in Brussels during the EU/Brazil summit

Paraguay will hold the following rotating chair of Mercosur, (if the group's summit to be hosted by Venezuela and which has been delayed on several occasions really takes place). The announcement was made by Brazilian president Dilma Rousseff during her visit on Monday to Brussels for the Brazil/EU summit, who underlined that Brazil supports dialogue as the way out to the current situation in Venezuela.

Monday, February 24th 2014 - 22:19 UTC

Rousseff and Barroso optimistic about Mercosur/EU trade talks scheduled to begin 21 March

Rousseff next to Van Rompuy and Barroso during the Brazil/EU summit

Trade negotiations between the European Union and Mercosur could move quickly once a technical meeting next month has taken place, EU Commission President Jose Manuel Barroso said after a meeting on Monday with Brazilian President Dilma Rousseff in Brussels and the European Council president Herman Van Rompuy.

Monday, February 24th 2014 - 04:49 UTC

Venezuelan situation could delay the Mercosur summit scheduled for March

Loizaga said that Mercosur members are in permanent contact

The Mercosur summit is still scheduled for March but given the current situation in Venezuela, host of the event, “there could be another delay” admitted Paraguay's Foreign minister Eladio Loizaga, who added that there are permanent contacts between members countries to try and avoid another scenario.

Wednesday, February 19th 2014 - 22:38 UTC

Mercosur to meet 7 March to finalize the proposal to be presented to EU

Barbosa said that Argentina's participation in the preparations is 'evolving positively'

In early March Mercosur will have readied its proposal to liberate trade to be presented to the European Union, the basis for a wide-ranging cooperation and trade agreement between the two blocks, announced Rubens Barbosa, head of the Trade Council from the Sao Paulo State Industries Federation, FIESP.

Wednesday, February 19th 2014 - 22:24 UTC

Hague and Figuereido optimistic about outcome of the delayed Mercosur/EU trade pact

The two foreign ministers at the press conference in the Itamaraty palace

Brazilian and UK foreign ministers Luiz Alberto Figuereido and William Hague said that Mercosur and the European Union are concluding the tariffs' reduction proposals which they plan to exchange as part of the process leading to a wide ranging cooperation and trade agreement between the two blocks.

Tuesday, February 18th 2014 - 08:41 UTC

Brazilian industry wants to change Mercosur rules and demands an urgent trade accord with the EU

Carlos Abijaodi said CNI favors, if necessary, a Mercosur at 'different speeds'

Brazil's National Confederation of Industries, CNI, supports a review of Mercosur rules such as the current impediment for member countries to negotiate trade agreements with third countries, and fervently backs an urgent full trade and cooperation agreement with the European Union.

Monday, February 17th 2014 - 09:54 UTC

Mercosur condemns violence in Venezuela and calls for dialogue

The group trusts the Venezuelan government will not rest in its efforts to keep peace

Mercosur country members, in an official release rejected all acts of violence and condemned the destabilization attempts against the government of Venezuelan president Nicolas Maduro.

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