MercoPress. South Atlantic News Agency
Stories for April 2nd 2015
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Thursday, April 2nd 2015 - 08:20 UTC
Brazil’s industrial production drops in February; 11 out of 24 sectors down
Brazil's industrial production dropped in February after a momentary uptick at the beginning of the year, as factories and mines braced for what economists say could be the country's worst year in more than two decades.
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Thursday, April 2nd 2015 - 08:08 UTC
Can Argentina capitalize on its vast shale reserves?
Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. Still, with a resource potential both vast and untapped, the nation has never been far from energy investors' minds. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.
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Thursday, April 2nd 2015 - 07:42 UTC
Falklands oil explorer looking for associate to develop Darwin discovery
Falklands’ explorer Borders and Southern Petroleum PLC said this week its pre-tax loss widened in 2014 as costs increased, and admitted it has struggled to find a partner for the Darwin discovery to the south of the Falkland Islands, against a backdrop of reduced investment by companies caused by the fall in oil prices.
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Thursday, April 2nd 2015 - 07:31 UTC
Brazil oil industry wants new auction rights rules and more efficient sourcing requirements
The Brazilian Petroleum Institute, or IBP, has called on the government to change the regulatory framework to deal with the crisis caused by the collapse of oil prices and the corruption scandal at state-controlled oil giant Petrobras.
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Thursday, April 2nd 2015 - 07:27 UTC
Rousseff “we will do whatever it takes to meet 2015 fiscal target”
Brazil's government will do whatever it takes to meet its 2015 fiscal target, President Dilma Rousseff said on Tuesday in an interview with Bloomberg News.
