Investments

• Friday, May 23rd 2014 - 23:38 UTC

  Bye, bye Argentina: Spain's Repsol sells all assets and end operations in the country

  

  Spanish oil company Repsol has ended its operations in Argentina, two years after the government seized its assets. Last month the Argentine congress gave final approval to pay 5bn dollars in compensation for Repsol's stake in Argentine oil firm YPF.

• Friday, May 23rd 2014 - 10:45 UTC

  YPF discovers shale in Chubut province, 1.000 km southeast of Vaca Muerta

  

  At least 15 more shale oil and gas wells will be drilled in Argentina's Patagonia Chubut province over the next three years, a provincial official said on Thursday, a day after its first shale discovery was made public.

• Thursday, May 22nd 2014 - 08:53 UTC

  Chile to Host 5th Edition of the Global Mining Technology Forum

  

  The 5th Annual Global Mining Technology Forum will be held in October 2014 in Santiago to discuss the mining industry's way forward in technology adaptation. Fleming Gulf Conferences has announced that the 5th edition of it's flagship mining conference will take place in October 2014 in Santiago, Chile.

• Thursday, May 22nd 2014 - 07:40 UTC

  Falklands’ Premier and Noble have contracted a rig, according to Norwegian energy website

  

  Ocean Rig has reportedly received a contract for its Eirik Raude semi-submersible rig for a drilling campaign in the Falkland Islands. According to Offshore.no, a Norwegian energy news website, the rig will be used by Noble Energy and Premier oil for their respective drilling campaigns in the Falkland Islands waters in 2015

• Wednesday, May 21st 2014 - 07:15 UTC

  Rousseff ‘guarantees’ Brazil’s airports will be prepared to welcome World Cup visitors

  

  President Dilma Rousseff has “guaranteed” Brazil's airports will be prepared to welcome visitors for the World Cup, which starts on June 12 in São Paulo. Rousseff made the comments on her weekly ''Breakfast with the President'' national radio program following criticism that a number of airports which were promised to be completed for the key football tournament remain unfinished.

• Tuesday, May 20th 2014 - 19:35 UTC

  Falklands visited by Punta Arenas experts in ports, logistics and shipping

  

  A group of managers representing Punta Arenas port facilities, logistic companies and shipping companies visited the Falkland Islands last week with an ultimate aim to offer solutions to the current and future commercial needs of the Islands.

• Monday, May 19th 2014 - 09:09 UTC

  ATT to acquire DirecTV for 48.5bn dollars; shareholders must approve

  

  US telecommunications firm AT&T will acquire satellite television provider DirecTV in a cash and stock deal valued at $48.5bn (£29bn). If approved, the deal gives AT&T access to DirecTV's 40 million digital TV customers in the US and Latin America.

• Friday, May 16th 2014 - 09:37 UTC

  YPF wants to create a G10 of Latin American state oil companies CEO's

  

  Argentina's YPF CEO Miguel Galuccio proposed on Thursday in Bolivia a G10 of Latin American state owned oil corporations to strengthen their bargaining power based on their resources and development synergy.

• Friday, May 16th 2014 - 09:25 UTC

  YPF defends Chevron partnership; court orders investigation into accord with the US oil giant

  

  Argentine state-controlled oil company YPF on Thursday defended the partnership deal it reached with one of the world's largest energy corporations, Chevron Corp., two days after a court ordered a probe into alleged irregularities associated with the pact.

• Thursday, May 15th 2014 - 00:31 UTC

  Falklands drilling will resume in second quarter of 2015, announced Premier Oil

  

  Exploration drilling in the waters off the Falkland Islands will resume in the second quarter of next year, according to Premier Oil. Negotiations are currently underway with rig contractors and joint venture partners, the company said in its interim management statement which was approved as the annual general meeting.