Argentine President Cristina Fernandez kept her tongue firmly in cheek as she referred to the record number of property acquisitions by Argentines in the United States, especially in the Miami area.
By John C.K. Daly of Oilprice.com - So much for the lessons of Fukushima; never mind oil spills the Russian Federation is preparing an energy initiative that, if it has problems will inject nuclear material into the maritime environment.
The French oil and gas company Total confirmed that at the beginning of 2015 it will spud its first exploratory well in deep waters of the Uruguayan continental shelf, according to Juan Gomez, one of directors from the country’s fuel company Ancap.
A Chilean appeals court on Monday formally suspended Barrick Gold Corp’s controversial 8.5 dollars billion Pascua-Lama gold mine until the company meets environmental standards and builds infrastructure that will prevent water pollution.
Argentina will offer energy companies incentives if they invest 1 billion dollars or more over a five-year period as the country struggles to lift output and pare fuel imports a year after seizing a majority stake at YPF from Spain’s Repsol.
In April this year Cable & Wireless South Atlantic Ltd, along with the Channel Islands, Isle of Man and Diego Garcia were acquired by the Batelco Group (*), a leading telecommunications provider to 16 markets spanning the Middle East & Northern Africa, Europe and the South Atlantic and Indian Ocean.
The Libra deepwater oil field that Brazil plans to auction off Oct 21 will yield minimum output of 1 million barrels of crude per day, the National Petroleum Agency, ANP, said on Friday. That production would be equivalent to half of Brazil's current output of 2 million bpd.
Falklands Islands received €4.13 million from the European Union to support sustainable growth through economic diversification under the European Development Fund (EDF) through mid-2013 to early 2016.
Brazil announced on Friday it will immediately cut government spending by 6.65 billion dollars to balance the budget and achieve the goal of a primary fiscal surplus of 2.3% of GDP. The decision is seen as a strong signal to recover investors’ confidence following weeks of turmoil and poor performance of the economy.
Chilean president Sebastián Piñera congratulated former president Michelle Bachelet and ex Economy minister Pablo Longeuira who emerged as winners in the two main coalition’ primaries held last Sunday, the first time such an event takes place in the country.