Exxon Mobil Corp. said Monday it has no intention of selling its Esso unit refinery, service stations or other assets in Argentina, ending months of speculation about unsolicited purchase offers. Esso has operated in Argentina for more than ninety years.
Argentina will raise taxes on the country's natural gas exports in an effort to ensure domestic energy supplies, Planning Minister Julio De Vido said on Monday. The amount of the increase was not immediately disclosed but the move hiked taxes already in place on Argentine natural gas exports.
Argentina's mineral exports in 2007 fell 9.6% on the year in terms of volume but rose 22.2% in terms of value, according to a report from IES Consultores published in the Buenos Aires press. Exports last year were valued at 2.8 billion US dollars, with copper making up 62.6% of shipments, IES said.
Argentine Defence minister Nilda Garré announced on Monday that the funds to begin repairs on the Navy's ice breaker Almirante Irizar, ravaged by fire last April, have been made available following the completion of a survey on the extent of the damages suffered.
Argentine president Cristina Fernandez de Kirchner called on all Latinamerican countries to ratify their commitment to peace in the eve of her long planned Wednesday trip to Venezuela, which together with Ecuador have militarized their borders following an incursion by Colombian forces in Ecuadorian territory to kill a FARC rebel leader.
A farm worker has become the first person diagnosed in Argentina with yellow fever in forty years since the recent outbreak of the mosquito-transmitted disease in neighboring Paraguay, Brazil and Bolivia, confirmed Argentine Health ministry authorities.
Argentina's squid season has had a poor start threatened by a weak demand and low prices, reports the newspaper El Chubut, from Puerto Madryn in the Patagonian province of Chubut.
An Argentine prosecutor has requested former president Nestor Kirchner be summoned to declare on alleged irregular handling of funds belonging to the provincial government of Santa Cruz, which he ruled during eleven years
Argentine President Cristina Fernández de Kirchner vowed on Saturday to sustain the current economic model which has spurred the greatest growth in a century and if this year confirms the current expansion rate, in Argentina's history.
Argentina's natural gas reserves have dropped dramatically from a 25 years horizon to just 9 years between 2001 and 2005, according to a report from the Nation's General Auditing Office, AGN, covering 1993 to 2006.