Argentina

Friday, July 2nd 2010 - 03:32 UTC
BP Argentine assets on sale to pay for Gulf of Mexico spill; China interested

China National Offshore Oil Corp., the country’s third-largest oil and gas company, declined to comment on reports it is holding talks to buy as much as 9 billion US dollars of BP Plc’s assets in South America.
Friday, July 2nd 2010 - 00:31 UTC
Argentina upgrades Tourism to Ministry given its growing economic contribution

Argentine president Cristina Fernandez de Kirchner led the swearing-in ceremony of Enrique Meyer as Minister of the newly created Ministry of Tourism. Meyer was Secretary of Tourism but this week the post was upgraded to Ministry.
Thursday, July 1st 2010 - 07:12 UTC
“This is no soccer match, only both sides must benefit”, says Timerman

Argentina’s Foreign Affairs minister Héctor Timerman cautioned that the dispute with Uruguay over the Botnia/UPM pulp mill and its environmental impact can’t be seen as “a football match where one side wins and the other looses”, but rather as a situation where “the peoples of both countries benefit”.
Thursday, July 1st 2010 - 07:08 UTC
Argentina prepares to begin drilling in Malvinas basin in second half of 2010

Towards the end of the year Argentina’s YPF in association with Pan American Energy and Petrobras will begin exploring for oil in the Malvinas basin, following the contract for an oil rig which has been signed, according to oil industry sources in Buenos Aires.
Wednesday, June 30th 2010 - 06:24 UTC
Uruguay to reply Argentina’s joint monitoring proposal next week

Uruguay will reply next week Argentina’s proposal for the joint monitoring of the River Uruguay, said Uruguayan Foreign Affairs minister Luis Almagro after holding a three hours meeting with his visiting counterpart Hector Timerman.
Wednesday, June 30th 2010 - 06:22 UTC
Crucial natural gas pipeline opens in Patagonia to help energy short Argentina

Argentina will inaugurate Wednesday a key new pipeline bringing natural gas from Tierra del Fuego Province to the neighboring province of Santa Cruz. The Strait of Magellan pipeline will initially transfer 5 million cubic meters a day of gas from Cabo Espiritu Santo in Tierra del Fuego Province to Cabo Virgenes in Santa Cruz.
Wednesday, June 30th 2010 - 06:09 UTC
Argentina: Héctor Timerman defiantly calls himself a Peronist and a “Kirchnerist”

Timerman’s portfolio to be strengthened by his special ties to Kirchners. Timerman brings rare gifts of strength of character and intellectual preeminence to his new job.
Wednesday, June 30th 2010 - 05:31 UTC
Lula da Silva anticipates World Cup semi-finals with four Mercosur members

Brazilian President Lula da Silva said on Tuesday he expects the four Mercosur countries Argentina, Brazil, Paraguay and Uruguay to meet in the semi-finals of the World Cup in South Africa.
Monday, June 28th 2010 - 22:56 UTC
Brazil willing to support Argentina and Uruguay in joint river monitoring

Brazil is willing to help Argentina and Uruguay with the joint monitoring of the River Uruguay which is at the heart of a pulp mill standing dispute between both countries. Argentina and Uruguay Foreign Affairs ministers are scheduled to meet Tuesday in Montevideo to address the issue.
Monday, June 28th 2010 - 22:08 UTC
US ratings agency down-plays success of Argentina’s debt-swap deal

US ratings agency Moody's said that Argentina's debt-swap is unlikely to improve the liquidity profile for corporate issuers even when the highest-rated companies will be able to tap international debt markets and lengthen their debt maturity profiles.