ExxonMobil is working with J.P. Morgan to sell its assets in Argentina including hundreds of service stations and a 200 million US dollars refinery, according to reports in the Buenos Aires press. Fuel companies in Argentina are operating under heavy government intervention.
Argentine oil corporation Geopark Holdings Ltd announced Tuesday it had discovered gas in one of the several exploratory wells drilled in Chile's extreme south region of Magallanes.
Energy experts and government officials expect household electricity bills will rise twenty percent between now and November. If this estimate turns out to be true, it will represent the most dramatic increase in electricity bills since 2000.
Argentina's July industrial production grew 2.7% over the same month a year ago and actually declined 2.1% compared to June 2007 because of the energy crisis which forced many factories to reduce production, according to the latest release from the country's Statistics and Census Office, Indec.
UK House of Commons Foreign Affairs Committee is inviting written and oral submissions on the relationship between the Foreign Office and UK Overseas Territories, including Gibraltar.
The Brazilian Petroleum Institute, Pro-Natura International hosted the first Brazilian workshop on Corporate Social Responsibility (CSR), which is part of a 3-year programme sponsored by the UK Government's Foreign and Commonwealth Office.
Brazil's government owned oil company Petrobras announced plans to invest 112 billion US dollars in production, exploration and related activities in Brazil and overseas during the next five years.
As United States struggles with a sagging public image in many Latin American countries, US adults show a stunning ignorance about the region, a new Zogby Interactive poll shows.
Bolivia's leftist government warned energy companies yesterday they must commit to hefty investments before August 20 or risk being thrown out of the natural-gas rich country.
Twenty companies and consortia from eleven different countries have shown a firm interest in the exploration and production of hydrocarbons in Magallanes region in the extreme south of Chile.