Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, January 1st 2026 - 09:31 UTC

International

  • Thursday, February 18th 2016 - 06:07 UTC

    Norway's Statoil joins Tullow Oil and expands share in Uruguay's Pelotas basin

    “With this transaction, we are increasing our exposure to the upside potential of this untested geological setting”, said Statoil’s Nicholas Alan Maden

    Norway’s Statoil said that it has signed an agreement with Tullow Oil to secure a 35% working interest in a Uruguay’s Pelotas basin exploration block 15, about 200 kilometers off the coast of Uruguay.

  • Thursday, February 18th 2016 - 01:03 UTC

    Malvinas, a dream that can be rescued

    Dante Caputo was foreign minister between 1983 and 1989 under ex president Raúl Alfonsín

    Under this heading Dante Caputo, a former Argentine foreign minister (1983/89) with an impeccable domestic and international academic background addresses the 'Malvinas question' and proposes Argentina sets a 2033 target for a new attempt on the Islands, this time trying to convince the Falkland Islanders, and that in seventeen years time, the country is reliable and sovereignty discussions should then take place.

  • Wednesday, February 17th 2016 - 11:11 UTC

    Pollack announces a new settlement with Argentine bondholders

    “I am very pleased to report that Argentina has reached an Agreement in Principle to settle the Brecher Class Action” said Special Master Daniel Pollack

    The court-appointed mediator in the bonds dispute says Argentina has reached a settlement with bondholders seeking about 1% of the US$10 billion being pursued by investors. Mediator Daniel Pollack announced on Tuesday in New York the deal in the class action case. The deal came nearly two weeks after he announced two of six leading bondholders settled claims for more than US$1 billion.

  • Wednesday, February 17th 2016 - 11:04 UTC

    Main oil exporters agree to freeze production, ...if all leading producers join

    The quartet said they would freeze output at January levels, which Saudi oil minister Ali al-Naimi called “adequate.”

    Four of the world's biggest oil-producing nations moved to freeze their production on Tuesday to try to halt the 70 percent drop in the price of crude because of a glut of oil on world markets. The agreement was reached by the oil ministers of Russia and three members of the Organization of the Petroleum Exporting Countries, Saudi Arabia, Venezuela and Qatar, during a closed-door meeting in Doha, the Qatar capital.

  • Wednesday, February 17th 2016 - 10:10 UTC

    British Defence Secretary, Michael Fallon, visits the Falklands

    Michael Fallon arrvies to Stanley from MPA onboard a SAR Sea King

    Michael Fallon, the British Defence Secretary, has become the first Defence Secretary to visit the Falkland Islands in 14 years. The House of Commons is currently in recess this week and the Defence Secretary’s visit directly follows the visit of four other British MPs to the Falklands.

  • Tuesday, February 16th 2016 - 20:41 UTC

    Utterly Committed to Self-Determination; British MPs visit the Falklands.

    The group of MPs were invited to visit by the Falkland Islands Government

    Four British Members of Parliament have been in the Falkland Islands over the past week, whilst the House of Commons is in recess. The cross-party group includes two Labour and two Conservative MPs, with an FIG Representative from London accompanying them.

  • Tuesday, February 16th 2016 - 15:16 UTC

    Argentina rejoins the real world

    Regarding the Falkland/Malvinas Malcorra presented a cautiously optimistic view

    UN John J. Metzler(*) Reversing the trend of economic mismanagement, ending a fifteen year debt impasse with foreign lenders, calming a percolating political crisis over the disputed Falkland/Malvinas islands in the South Atlantic, and overcoming the image of unpredictability, Argentina’s new conservative government faces serious obstacles in reintroducing Argentina to an often skeptical world.

  • Tuesday, February 16th 2016 - 08:42 UTC

    Ocean Rig determined to collect 'termination fee' from Falklands' Premier Oil

    CEO Economou says the industry's prospects remain bleak and with limited possibilities of a recovery before 2018, at the least

    Ocean Rig UDW Inc. has officially announced that two of its drilling contracts have been terminated, one of them in the Falkland Islands where its “Eirik Raude” was working for Premier Oil as the main operator. Ocean Rig is demanding a termination fee of several million dollars and in case Premier Oil contests the payment, “we intend to commence arbitration proceedings”.

  • Tuesday, February 16th 2016 - 08:16 UTC

    Argentina's “Wild Tales” wins best non-English language Film at British Academy

    Damián Szifron’s box-office hit and Oscar nominated picture 'Wild Tales' won Best Non-English Language Film last night at the BAFTA Awards.

    Argentine box-office hit and Oscar nominated picture Wild Tales (“Relatos Salvajes”) won Best Non-English Language Film at the BAFTA Awards. The British Film Academy also showered a lot of love on The Revenant, awarding Best Picture to Alejandro González Iñárritu and Best Actor to Leonardo DiCaprio.

  • Tuesday, February 16th 2016 - 08:09 UTC

    “Rolling Stones should return to their roots” says Elton John

    “What I think the Rolling Stones should do is a great blues record, and go back to what they used to do, in their early career”, said Elton John

    Elton John has often given his fellow rock legends unsolicited advice over the years, and the Rolling Stones, once again, are the recipients. In a new interview, he said the Stones should return to their roots and stop following current trends.