Investments

Monday, August 4th 2014 - 06:55 UTC
GeoPark has plans to drill 35 exploratory wells in Chilean Tierra del Fuego by end of 2014

Oil and gas explorer GeoPark expects to end the year having drilled 35 wells in Chilean Magallanes and Tierra del Fuego, which must be added to the 560 million dollars the company has invested in the region since it began operations in 2006, said the company in an economic impact report presented by consultants Gemines.
Thursday, July 31st 2014 - 22:19 UTC
Falklands Chamber of Commerce re-elects Spink; forecast of busy 2015 propped by oil and squid

Falkland Islands economy will keep growing and businesses will be busy next year spurred by the oil industry and better Illex catches, anticipated Falkland Islands Chamber of Commerce, FICOC, Roger Spink who was re-elected as head of the Board of Directors.
Friday, July 25th 2014 - 06:26 UTC
Uruguay oil and gas summit schedules for next November

Global Summits Organizer IRN and Grupo BG de Eventos will be launching the inaugural Uruguay Oil & Gas 2014 Summit which will take place on 17th-18th November in the capital of Uruguay, Montevideo. This Summit follows the announcement of the third oil bidding round, the Ronda Uruguay III.
Saturday, July 19th 2014 - 08:16 UTC
China extends a 'financial' hand to dollar and credit strapped Argentina

Argentina signed deals on Friday to borrow 7.5 billion dollars from China at a time when Buenos Aires cannot access global capital markets because of disputes over unpaid debt. Beijing also extended a three-year agreement for an 11bn swap operation between the central banks of Argentina and China.
Saturday, July 19th 2014 - 07:11 UTC
Embraer's 20-year market outlook: 6,250 new jets in 70 to 130-seat segment

Brazil leading aircraft manufacturer and space research company, Embraer has released its Market Outlook 2014-2033 which details the company's forecast for deliveries of new 70 to 130-seat jet aircraft over the next twenty years. The report examines the main drivers contributing to air transport growth and reviews projected deliveries by world region.
Saturday, July 19th 2014 - 06:50 UTC
Italian chapter of holdouts tells Argentina it will continue to the last consequences

The Italian chapter of Task Force Argentina (TFA), an organization which represents bondholders that did not accept the 2005 and 2010 debt swaps, urged the government of President Cristina Fernandez to negotiate and warned it will keep on pursuing its interests until the last consequences.
Saturday, July 19th 2014 - 06:41 UTC
China confirms its interest in Brazil with credit and infrastructure projects

China expanded its trade partnership with Brazil with 7.5 billion dollars in financing for Brazilian miner Vale, the purchase of 60 passenger jets from plane-maker Embraer and renewed commitment to invest in infrastructure.
Friday, July 18th 2014 - 08:53 UTC
Falklands enters oil production stage: contract awarded for designing tension leg platform

International engineering and project management company, AMEC, will be the company responsible for designing Premier Oil’s tension leg platform (TLP) for the Sea Lion Development in the North Falklands Basin, 200 kilometers to the north of the Falkland Islands.
Friday, July 18th 2014 - 08:39 UTC
China offers 35bn fund to finance infrastructure projects in Latin America

Chinese President Xi Jinping proposed Thursday to create a 20 billion dollars fund to finance infrastructure projects in Latin America and the Caribbean.
Thursday, July 17th 2014 - 07:27 UTC
BRICS development bank HQ in Shanghai and India will hold the presidency

The first president of the BRICS group New Development Bank will be from India and the position will rotate every five years among Brazil, Russia, India, China and South Africa, said a joint statement from the leaders said.