Investments

• Wednesday, December 24th 2014 - 07:44 UTC

  Foreign Ministers of Argentina, Chile sign additional protocols to Treaty of Maipu

  

  Hector Timmerman, Heraldo Muñoz outline new phase in binational relationships. Transandean Train, Agua Negra and Las Leñas Paths to bring on significant progress.

• Tuesday, December 23rd 2014 - 06:28 UTC

  Groundbreaking of Chinese-backed Nicaragua Canal commences

  

  Protesters, skepticism did not stop the administration of President Daniel Ortega. Project seeks to reshape country's poor economy,

• Wednesday, December 17th 2014 - 12:59 UTC

  Uruguay receives IDB credit to boost investment in renewable energies

  

  As part of Uruguay long term plan to promote investment in infrastructure and finance investment in electric power plants using renewable energy resources, essentially wind and solar so as to diversify the country energy mix and cut CO2 emissions, the country will be receiving a 250 million dollar credit line from the Inter American Development Bank, IDB.

• Wednesday, December 17th 2014 - 07:27 UTC

  YPF money helps Repsol by over Canadian Talisman

  

  The largest international deal by a Spanish company in the last five years, props up shares despite plummetting international oil prices.

• Saturday, December 13th 2014 - 04:37 UTC

  Brazil confident since pre-salt oil is profitable 'even at 60 dollars a barrel'

  

  The head of Brazil's National Petroleum Agency, Magda Chambriard said that the country's oil production projects remain 'robust' even as international prices for crude continue to tumble. She underlined that the pre-salt projects of Brazil along ist coast resist prices as low as 60 dollars a barrel.

• Friday, December 12th 2014 - 21:49 UTC

  Dutch oil platform leasing company cutting 11% of global workforce

  

  Dutch oil platform leasing company SBM Offshore is cutting 1,200 jobs, or slightly more than 11% of its global workforce, as part of a cost-saving program.

• Thursday, December 11th 2014 - 12:04 UTC

  Malaysia's Petronas and YPF sign 550 million deal to develop shale deposits in Patagonia

  

  YPF SA and Petroliam Nasional Bhd, state-controlled companies from Argentina and Malaysia, signed a 550 million dollars deal to drill fields at the world’s fourth-largest shale oil deposit in Patagonia’s Vaca Muerta, south Argentina.

• Tuesday, December 9th 2014 - 07:18 UTC

  Chile plans to build a new icebreaker and has earmarked an initial 150 million

  

  Chile is planning a strong expansion of its Antarctic and maritime support vessels as well as a major repair yard, according to a recent pledge by President Michelle Bachelet during the opening of the Exponaval and Trans-Port exhibitions in Valparaiso and Viña del Mar.

• Tuesday, December 2nd 2014 - 05:42 UTC

  First Sea Lord and Royal New Zealand Navy chief at Chilean maritime Expo

  

  Beginning on Tuesday and until Friday the Chilean port of Viña del Mar will host the ninth edition of the very successful ExpoNaval, which besides its emphasis on naval defense, for the fourth time running will be combined with a maritime and port exhibition: Trans-Port 2014.

• Saturday, November 29th 2014 - 07:11 UTC

  IDB loan for Uruguay to promote quality investments and exports

  

  The Inter-American Development Bank (IDB) has approved a 120 million dollars loan to finance the second phase of Uruguay's Strategic International Positioning Program. Its goal is to consolidate the country's international positioning, contributing to an increase in investments—mainly those aimed at high value-added sectors— and exports.