Stories for 2011

Wednesday, August 31st 2011 - 08:46 UTC
Rush to explore and develop shale oil and natural gas in Argentina’s Neuquen basin

Exxon Mobil Corp, the largest US oil company, will spend as much as 76.3 million dollars to explore and develop shale oil and natural gas in Argentina with Americas Petrogas Inc.
Wednesday, August 31st 2011 - 08:40 UTC
Freezing weather reduces Brazil’s sugar crop estimate

Sugar output in Brazil, the world’s largest producer and exporter, will unexpectedly fall this year after freezing weather pared crop yields, the Agriculture Ministry said on Tuesday.
Wednesday, August 31st 2011 - 08:34 UTC
Global production of bio-fuels increased 17% last year reaching 105 billion litres

Global production of bio-fuels increased 17% in 2010 to reach an all-time high of 105 billion liters, up from 90 billion liters in 2009.
Wednesday, August 31st 2011 - 08:29 UTC
Argentines recover honour on closing day of World Tango Championship

A couple from Argentina salvaged hometown honour Tuesday night by winning the “stage tango” category on the closing day of the World Tango Championships in Buenos Aires.
Wednesday, August 31st 2011 - 08:25 UTC
Brazil releases funds to develop surface to surface missile system for the Army

The Brazilian government gave a clear signal Monday that is intends to advance in the consolidation of a defense industry in the country. A decree signed by President Dilma Rousseff releases 45 million Real in funds for the launching of the Astros Project 2020 to equip the Brazilian army.
Wednesday, August 31st 2011 - 08:14 UTC
Some indicators showing the Brazilian economy is slowing down

Brazil's economy showed new signs of a slowdown on Tuesday as steelmakers slashed their growth forecasts, the country's No. 1 airline scaled down its expansion plans and a new poll showed growing pessimism in the manufacturing sector.
Wednesday, August 31st 2011 - 08:11 UTC
Mexico’s Pemex gains strong position in Spain’s Repsol with voting alliance

Mexico's state oil monopoly Pemex said on Tuesday it aims to boost its access to top-end technology to explore for oil in the deep waters of the Gulf of Mexico by increasing its stake in Spanish oil firm Repsol.
Wednesday, August 31st 2011 - 02:11 UTC
Chile’s oil corporation to drill ten exploratory wells in Magallanes region

ENAP, Chile’s national oil and gas corporation announced it will invest 30 million dollars in drilling ten exploratory wells in Magallanes province, extreme south Patgonia and where the country’s main hydrocarbons resources are located.
Wednesday, August 31st 2011 - 01:25 UTC
HELL in New York!

Last night's USA debut of “HELL” (which is the German word for “Bright”), was perhaps a wake-up call to those who do not heed the warnings of global warming.
Wednesday, August 31st 2011 - 01:05 UTC
Exxon clinches Arctic oil exploration deal with a Russian government company

US oil major Exxon Mobil has clinched an Arctic oil exploration deal with Russian state-owned oil firm Rosneft. The venture seemingly extinguishes any remaining chance of UK’s BP reviving its own deal, which lapsed in May.