Singapore based Reflect Geophysical has been selected by Uruguay’s state oil company Ancap to carry out a 2D seismic survey in the country’s Punta del Este and Pelotas offshore basins.
It’s not only Libya. Turmoil and unrest is escalating in the rest of the Middle East and North Africa with violent repression and promises of reform as people take to the streets in growing numbers. Such is the case in Algeria, Yemen, Bahrain, Saudi Arabia, and Syria.
The head of Argentina’s powerful CGT Labour Confederation Hugo Moyano suspended the national strike and demonstration that was going to be held on Monday, but warned the government that their aim is to take the workers to “power.”
US President Barack Obama heralded Brazil's extraordinary rise on the world stage but stopped short of backing its bid for a permanent seat on the United Nations Security Council.
The US, UK and France on Saturday began attacking Libya as enforcement of the UN-mandated no-fly zone gets under way. Pentagon officials say the US and the UK have fired more than 110 missiles.
A record grounding of an estimated 400 pilot whales was reported this week in the Falkland Islands.
For the Foreign Office the bill approved this week by the Argentine congress that proscribes fines and sanctions for companies or persons involved in support of the oil industry in the Falkland Islands is a ‘boomerang’’ that will only harm Argentine companies, reports Buenos Aires daily La Nacion in its Friday edition.
Uruguay's central bank must act swiftly after a surge in consumer prices during the first two months of the year or the economy could suffer “serious problems,” a recognized research company has warned.
Eight of Argentina's former energy secretaries have released another document highly critical of the government's energy policies. The document, signed by most of the people who have run the Energy Secretariat since Argentina's return to democracy in 1983, is a scathing criticism of government policy.
Due to the falling U.S. dollar and the current crisis in Japan stemming from last week’s devastating earthquake and tsunami, Chilean exports may be hit hard with losses this year, despite government assurances to the contrary.