Stories for April 29th 2009

Wednesday, April 29th 2009 - 11:28 UTC
Argentina’s energy sector under “persistent productive decadence”

Since 2005 Argentina has consumed 25% of its natural gas reserves, 15% of oil reserves and the Mar Argentino (South Atlantic) which has “great possibilities remains virtually untouched”, reads a critical report on the outlook for the Argentine energy sector compiled by eight former Energy Secretaries from different governments.
Wednesday, April 29th 2009 - 07:47 UTC
Uruguay’s ruling coalition close to a presidential ticket: Mujica-Astori

With only two months for the primaries, Uruguay’s ruling coalition seems to have reached an understanding as to how the presidential ticket for October’s general elections will be nominated. Whoever wins next June 28 will lead the ticket and the runner up accepts the Vice president post to seal a united front.
Wednesday, April 29th 2009 - 07:10 UTC
Second pulp mill project in Uruguay could be taken over by Portugal

Spain’s pulp and paper manufacturer Ence is ready to accept 400 million US dollars from its Portuguese competitor Portucel to keep the pulp mill project in Uruguay alive. Portucel would take a considerable share of the mill, forested land and would join Ence in a strategic alliance according to reports in the Spanish financial newspaper Expansion.

Argentina’s energy sector under “persistent productive decadence”