Investments

• Wednesday, October 22nd 2014 - 01:52 UTC

  Venezuela “fully prepared” to cope oil price volatility and will honor sovereign debt

  

  Venezuela's Finance Minister Rodolfo Marco said on Tuesday that the Mercosur member was “fully prepared” to cope with price volatility on the global oil market and would honor a 3 billion dollar bond payment due next week.

• Tuesday, October 21st 2014 - 06:24 UTC

  UK company confirms discovery of oil in the Paraguayan Chaco

  

  President Energy announced on Monday it has discovered good oil-bearing zones at its Lapacho drill in the Paraguayan Chaco and confirms strong hydrocarbon pay at its Jacaranda well.

• Monday, October 20th 2014 - 22:17 UTC

  UK businesses export support plan represented £49.1 billion to the economy

  

  The number of United Kingdom businesses receiving export support has increased by 50% in the last financial year, Trade Minister Lord Livingston announced on Monday. This translates into a total of 47,960 businesses in 2013 to 2014 which exported for the first time or found new markets through its extensive network of specialists in the UK and in British embassies around the world.

• Friday, October 17th 2014 - 07:01 UTC

  IDB loan for a 48.6 MW wind farm to be developed by Uruguay's private sector

  

  The Inter-American Development Bank (IDB) has approved a loan of up to 42.2 million dollars to help the private sector in Uruguay finance the development, construction, operation and maintenance of a 48.6 MW wind farm and its associated facilities.

• Wednesday, October 15th 2014 - 23:32 UTC

  Petrobras sets a new oil and gas production record during September

  

  Petrobras announced a new oil output record in Brazil, during September with an average of 2.23 million barrels of oil per day (bpd) production in the country, including in this total the fields operated by the state-owned company for its partners. The volume is 0.3% higher than breaks August record.

• Wednesday, October 15th 2014 - 20:00 UTC

  The ten biggest energy company bankruptcies

  

  Running a multi-billion dollar energy company isn't easy. Just ask the executives in the corner suites of some of the energy companies that have gone bust over the years. Some, like Enron, were brought down because of insider malfeasance.

• Wednesday, October 15th 2014 - 10:31 UTC

  Argentine delegation after trade and investors in India

  

  A numerous Argentine delegation will be attending this week trade and investment conferences in New Delhi as part of the country's efforts to increase exports to the growing Indian market and attract investors.

• Wednesday, October 15th 2014 - 08:36 UTC

  Latin America with a huge deficit in infrastructure investment, says Eclac

  

  Argentina should double its current investment in infrastructure and spend 6.2% of its Gross Domestic Product to satisfy its demands for the period 2012-2020, according to a report of the UN Economic Commission for Latin America and the Caribbean (ECLAC).

• Tuesday, October 14th 2014 - 11:54 UTC

  First BMW rolls out from Brazilian plant; annual production goal: 30.000

  

  Germany's BMW Group celebrated last week the first car to be assembled in its new Brazilian automobile plant in Araquari, Santa Catarina State, where over the course of the next few years, more than 200 million Euros will be invested in the plant, resulting in a production capacity of more than 30,000 vehicles annually.

• Saturday, October 11th 2014 - 06:06 UTC

  Santos confirms he authorized FARC leader to attend peace talks in Cuba

  

  Colombian guerrilla leader Rodrigo Londoño has made secret government-authorized trips to Cuba several times in the last year to meet with his team of negotiators as part of peace talks to end 50 years of civil war, Colombian officials said.