Stories for February 2009

Wednesday, February 11th 2009 - 20:00 UTC
Argentina, Marsans, Airbus reach Aerolineas pre-accord

The Argentine government and the Spanish tourism group Marsans have reached a tentative “pre-accord” regarding the re-nationalization of the country's air flag carrier Aerolineas without compensation, according to Wednesday press reports from Madrid.
Wednesday, February 11th 2009 - 20:00 UTC
Lula da Silva has two visits planned to Russia in 2009

Brazilian President Lula da Silva will be visiting Russia twice this year, a senior Russian Foreign Ministry official said on Wednesday in Moscow.
Wednesday, February 11th 2009 - 20:00 UTC
First Chilean president visit to Cuba in four decades

Chilean President Michelle Bachelet began Wednesday a three day official visit to Cuba, the first such visit by a Chilean leader in almost four decades.
Tuesday, February 10th 2009 - 20:00 UTC
Brazil's Petrobras may explore Uruguay oil

Brazil's PETROBRAS oil company was the first company to acquire the bid sheet for hydrocarbon exploration contracts in areas of the Uruguayan continental platform.
Tuesday, February 10th 2009 - 20:00 UTC
Colombia and S. Korea expand into Peruvian oil industry

Colombian state oil company Ecopetrol and its South Korean counterpart, Korea National Oil Corporation, have acquired Peruvian private oil firm Petro-Tech Peruana S.A. for 900 million US dollars.
Tuesday, February 10th 2009 - 20:00 UTC
China's January car sales overtake US, leading world market

China car sales topped the US for the first time last January totalling 735,500, a 14% drop, the China Association of Automobile Manufacturers said on Tuesday in an e-mailed statement today. That compares with a 37% plunge to 656,693 in the US, the world's largest auto market last year.
Tuesday, February 10th 2009 - 20:00 UTC
Falklands Desire's green impact plan slightly delayed

Oil and gas exploration company Desire Petroleum Plc with licences to operate in the Falkland Islands said that the environmental impact assessment on two tranches in its southern licences in the North Falkland Basin was slightly behind schedule due to a delay in a sampling analysis results.
Tuesday, February 10th 2009 - 20:00 UTC
Bolivia and Gazprom sign long term gas development deal

Bolivia and Russia signed a long term agreement on investment and cooperation in the area of gas and petroleum research which is estimated could reach 3 billion US dollars, it was announced in La Paz.
Tuesday, February 10th 2009 - 20:00 UTC
Brazil electricity demand to increase 50% in ten years

Brazil needs to increase its electricity generation capacity by 50% over the next 10 years said Energy Minister Edson Lobao, who described the task as an “enormous challenge”.
Tuesday, February 10th 2009 - 20:00 UTC
Now Congress two houses must match Obama stimulus plan

The US Senate has passed an economic stimulus plan expected to cost some 838 billion US dollars. The Democratic-controlled Senate voted 61-37 to approve the measure, with few Republicans opting to back it.