Investments

Saturday, May 23rd 2015 - 10:27 UTC
China and Peru agree to study feasibility of transcontinental railroad

China and Peru have agreed to study the feasibility of a controversial 5,300 km transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported.
Friday, May 22nd 2015 - 08:52 UTC
PM Li Keqiang in Bogotá: China and Colombia considering free trade accord

Chinese Premier Li Keqiang vowed to deepen economic ties with Colombia after arriving to Bogotá on Thursday, as part of his four-nation South American tour aimed at boosting trade and investment. Li is the highest-ranking Chinese official to visit Colombia since the two nations established diplomatic ties 35 years ago and his visit was hailed as historic by President Juan Manuel Santos.
Wednesday, May 20th 2015 - 05:44 UTC
Beijing to the rescue of sliding Brazil: 53bn dollars in trade, finance and investment

Beijing has come to the rescue of Brazil's slumping economy with trade, finance and investment deals worth at least 53 billion dollars in energy, mining, aviation and upgrading of dilapidated infrastructure.
Tuesday, May 19th 2015 - 07:33 UTC
Chinese PM in Brasilia; Beijing prepared to invest 100bn in transport and energy

China's Premier Li Keqiang arrived in Brasilia on Monday to sign agreements on infrastructure, energy and aviation that experts say could reach 100 billion dollars. The South American tour also includes Colombia, Peru and Chile and aims to restructure China's resource-driven trade with Latin American countries by including more value-added products.
Monday, May 18th 2015 - 05:03 UTC
Falklands' Borders & Southern releases encouraging technical update of Darwin gas/condensate discovery

Borders & Southern has issued a technical update on its Darwin gas/condensate discovery south of the Falkland Islands and near-field prospectivity. The goal was to improve understanding of the Darwin reservoir interval, both within and surrounding the discovery and also its projected facies trend along the Aptian shelf
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.