Investments

• Saturday, May 16th 2015 - 07:46 UTC

  Levy tries to convince investors in London that Brazil slowdown is temporary

  

  Brazilian Finance Minister Joaquim Levy said he expected the country’s economic slowdown to be temporary and that fiscal discipline remained central to ensuring the recovery as a commodity price boom waned. Addressing investors in London, Levy said fiscal discipline was needed to cushion the economy against the inflationary effects of the falling Real currency.

• Friday, May 15th 2015 - 07:38 UTC

  The project of a trans-continental railway, Atlantic to Pacific, with Chinese funds

  

  Peru, Brazil and China are moving forward on a transcontinental railway that will cut across the continent, climb the Andes and connect port cities in the Pacific and Atlantic coasts.

• Friday, May 15th 2015 - 04:41 UTC

  Exxon discovers oil off Guyana coast, in territory claimed by Venezuela

  

  Exxon Mobil Corp has discovered oil off the coast of Guyana, the company and the South American nation's government said on Thursday, potentially inflaming a long-running territorial dispute with neighboring Venezuela.

• Thursday, May 14th 2015 - 00:56 UTC

  Falklands debates bringing contract workers for maintenance of roads system

  

  Bringing contract workers in to ensure enough staff to maintain the Falkland Islands' roads ready for the start of the season in the spring, if not earlier is MLA Gavin Short’s wish.

• Thursday, May 14th 2015 - 00:17 UTC

  Premier confirms Falklands' frontier exploration, where it continues drilling

  

  Premier Oil, currently involved in successful exploratory drilling in the Falkland Islands, produced less oil and gas in the first quarter of the year, but its output of 60,200 barrels of oil equivalent per day (boepd) was above guidance, sending its shares higher on Wednesday.

• Tuesday, May 12th 2015 - 22:03 UTC

  Falklands' Isobel Deep drilling operations have recommenced

  

  Energy company Rockhopper Exploration and Falkland Oil and Gas Ltd., have announced that drilling operations at Isobel Deep well have recommenced. Isobel Deep is located in the North Falklands basin and is part of the current round of drilling in Falklands' waters.

• Tuesday, May 5th 2015 - 06:34 UTC

  Brazil pledges rule changes to make oil exploration and production concessions more dynamic

  

  Brazil's government is discussing changes to its oil regulations but any new rules will not be in place before an October auction of exploration and production concessions, the country's energy minister Eduardo Braga said on Monday.

• Tuesday, April 28th 2015 - 05:38 UTC

  Australia intercepts and boards the fishing vessel 'Perlon', from the IUU list

  

  Australia has intercepted in the Southern Ocean the fishing vessel Perlon, believed to have been operating under a false flag in defiance of international conventions, according to an official report from the Ministry of Immigration and Border Protection.

• Saturday, April 25th 2015 - 06:04 UTC

  Falklands' oil drilling at Isobel Deep suspended two weeks because of a technical problem

  

  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.

• Friday, April 24th 2015 - 07:51 UTC

  Russia and Argentina agree on an “all-encompassing strategic partnership”

  

  Russia and Argentina signed agreements which amounted to an “all-encompassing strategic partnership” during Argentine President Cristina Fernandez visit to Moscow, which ended on Thursday with the meeting at the Kremlin with her counterpart Vladimir Putin.