Argentina's Foreign Ministry expressed concerns on Friday over the failure in the blow-out preventer, BOP, valve of the “Isobel Deep” exploration well currently being drilled to the north of the Falklands/Malvinas Islands, as reported by Falkland Oil and Gas Limited (FOGL).
Oil explorers drilling in the waters north of the Falkland Islands have suspended work on the second well of their 2015 current six-well drilling campaign after a technical problem, two of the companies involved said on Friday.
The eruption of Chile’s Calbuco volcano has resulted in a cloud of ash beginning to spread on Friday into the City of Buenos Aires while the alert in southern cities of Argentina remains.
Economic activity in Argentina expanded 1.4% in February compared to the same month last year, boosted by the agricultural sector and a hike in consumption, making it the highest increase since January 2014, according to the latest release from the country's stats office, Indec.
The cooperation agreements recently signed by Argentina with Russia could be a Buenos Aires' response to the situation with the disputed Falkland Islands territories, former Russian ambassador to Argentina Evgeny Astakhov told the Russian news agency, Sputnik International on Friday.
Uruguay's emergency system, Sinae confirmed on Friday that the ashes from Chile's Calbuco volcano eruption have reached the country and on Saturday will cover the whole of the territory, with some dust precipitations linked to the phenomenon expected.
The Marine Stewardship Council (MSC) celebrated this Wednesday 15 years of MSC certified seafood and recognized the ‘leaders for living oceans’ that are driving growth and success in the sustainable seafood market.
The Brazilian judge overseeing the investigation into alleged corruption at Petrobras on Wednesday convicted eight people of crimes related to kickbacks and bribery. Judge Sergio Moro found former Petrobras executive Paulo Roberto Costa and currency dealer Alberto Youssef guilty of money laundering, and Mr. Costa of belonging to a criminal organization.
Argentine President Cristina Fernández revealed on Thursday she does not have any favorite presidential candidates for the upcoming October elections, and eluded to answer about her future in politics during an interview with RT Moscow during her official visit in Russia.
With the release of audited financials, Brazilian oil giant Petrobras believes it has started to normalize its relationship with investors and to implement better corporate governance in the wake of the financial scandal that has rocked the company, its chief financial officer said on Thursday.