Stories for 2013

Wednesday, September 25th 2013 - 05:14 UTC
Germany’s main oil company signs to operate in development of Patagonia’s Vaca Muerta shale deposits

Germany’s Wintershall sealed a 150 million dollar unconventional exploration contract with the Argentine province of Neuquén’s owned Gas y Petroleo de Neuquén to search for oil in the Vaca Muerta formation. The agreement could later be extended to 3.35bn.
Wednesday, September 25th 2013 - 05:08 UTC
IATA forecasts a strong 2014 for the industry, but airlines on average only retain 5 dollars per passenger

The International Air Transport Association (IATA) has revised its 2013 global industry outlook downwards to 11.7 billion on revenues of 708 billion dollars, but anticipates that all regions during 2014 will see improved profitability, with divergence in performance and with strong emphasis in North America with 6.3 billion net profits.
Wednesday, September 25th 2013 - 05:03 UTC
Major cocaine catch in Paris shipped from Venezuela triggers more questions than replies

With more arrests and airline workers suspected, Venezuela's top police official said that the smuggling of 1.5 tons of cocaine in 31 suitcases on an Air France flight from Caracas to Paris has led to nine arrests on two continents.
Wednesday, September 25th 2013 - 04:44 UTC
Falkland Islands next round of oil exploration drilling announced for late 2014

One of the several hydrocarbons companies operating in Falkland Islands waters expects its next drilling phase to begin in the fourth quarter of 2014 with a minimum of two exploration wells following extensive 3D surveying of southern licences in the Diomedea fan complex adjacent to the Darwin discovery.
Tuesday, September 24th 2013 - 08:19 UTC
Paraguay and Venezuela discussions to re-establish full relations and on Mercosur

Representatives from Paraguay and Venezuela are scheduled to re-take bilateral and Mercosur related discussions on the sides of the UN General Assembly this week in New York, according to Deputy foreign minister Manuel María Cáceres
Tuesday, September 24th 2013 - 08:07 UTC
Brazil will continue with the 60bn dollar currency intervention program: ‘it’s working adequately’

Brazil’s central bank chief Alexandre Tombini said on Monday policy makers will continue with their 60 billion dollars currency intervention plan, even after the Real rallied more than any other currency in the world as a consequence of the surprise announcement from the US Fed that for the moment it will not taper the bonds’ buying program to stimulate the US economy
Tuesday, September 24th 2013 - 08:04 UTC
Argentine trade balance collapsed 60% in August because of the energy import bill

Argentina’s trade balance collapsed 60% during August compared to a year ago because of stagnant exports and the doubling of energy imports according to the latest release from the government’s stats office, Indec.
Tuesday, September 24th 2013 - 07:52 UTC
Santos accepts with ‘prudence’ Mujica’s offer to host peace talks with Colombia’s ELN guerrilla

President Juan Manuel Santos was grateful and ‘accepted with prudence’ his Uruguayan peer Jose Mujica offer to host a peace-talks process in Montevideo with the other big guerrilla movement in Colombia, the ELN, National Liberation Army
Tuesday, September 24th 2013 - 07:38 UTC
Gibraltar accuses Spain of foul play ahead of EC visit to check border controls

Gibraltar has accused Spain of a “crude, last minute” attempt to “disguise and conceal” its normal customs checks at the border, just days ahead of a visit by the European Commission. The EC team arrives on Wednesday and will consist of six experts on EU customs controls and border matters.
Tuesday, September 24th 2013 - 07:05 UTC
Malvinas sovereignty, the main line of action at OAS pledges Ambassador Garré

The new Argentine ambassador before the Organization of American States, OAS, former Defence and Home Security minister Nilda Garré begins her diplomatic job with a main line of action: ‘claiming the Malvinas Islands sovereignty” and the “resumption of negotiations with the UK”.