Petroecuador, Ecuador's government owned oil company needs 3 billion US dollars in investment if the Andean country is to reach overall average daily production of 670,000 barrels (bpd) by 2010 according to oil expert Ramon Espinasa.
United States president George Bush officially re-nominated Alan Greenspan for another four years as chairman of the US Federal Reserve. Mr. Greenspan who is 78 has already been in the job for four terms.
Santiago de Chile declared this Thursday an environmental pre-emergency limiting vehicle circulation to 40% of the city's transport fleet (both cars and buses) and temporary shutting down 500 to 900 factories in the metropolitan area.
Headlines:
Cruise dispute rocks Anglo-Spanish talks.
Spain promises secure, stable future.
A vessel that once stole wealth from Australian waters will now add to it with the Australian Government to use the apprehended Uruguayan flagged fishing boat Maya V for simulated boarding training in Western Australia.
Headlines:
Port Troop leads Rowlands memorial; Shortages in Camp after Tamar crane breaks; Budget session; May Ball tonight.
Headlines:
Methanex cuts production and argues with Minister; Patagonia relations strained; Punta Arenas incorporates factory ship.