Investments

• Monday, July 22nd 2013 - 06:24 UTC

  Uruguay is “extremely expensive: construction costs are double those of Argentina”

  

  Uruguay is not expensive, ‘it has become extremely expensive” with construction costs that are double those of Argentina, claimed Eduardo Constantini, an Argentine business man with strong investments in Uruguay, the latest of which building 500 summer houses along the eastern coast.

• Saturday, July 20th 2013 - 05:07 UTC

  Lessons from India Jindal’s Bolivian investment failure

  

  Jindal’s integrated mining and steel project in Bolivia was the largest contract secured by an Indian company in Latin America. The project, which ultimately became a victim of the country's domestic politics, has lessons for Indian companies venturing into Latin America.

• Wednesday, July 17th 2013 - 20:04 UTC

  Successful fracking for tight gas in Tierra del Fuego, announces Chile’s ENAP

  

  Chile’s government oil and gas company, ENAP, confirmed a successful experiment with hydraulic fracturing to extract non conventional tight gas at the Arenal Block in Tierra del Fuego, where the company operates with no partners.

• Wednesday, July 17th 2013 - 07:37 UTC

  “Applause for Argentines who invested in US real estate, I prefer a house in Paris”

  

  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.

• Tuesday, July 16th 2013 - 20:29 UTC

  Chernobyl at sea? Russia building Floating Nuclear Power Plants

  

  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.

• Tuesday, July 16th 2013 - 20:10 UTC

  Total plans to spud first exploratory well in Uruguay’s continental shelf in 2015

  

  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.

• Tuesday, July 16th 2013 - 03:50 UTC

  Chilean court suspends major 8.5bn dollars gold development project in the Andes

  

  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.

• Monday, July 15th 2013 - 16:49 UTC

  Markets exist: Argentina offers attractive incentives to promote oil and gas production

  

  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.

• Monday, July 15th 2013 - 15:08 UTC

  Falklands’ iconic communications Cable & Wireless changes name to Sure

  

  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.

• Sunday, July 14th 2013 - 23:48 UTC

  Brazil’s Libra deepwater oilfield expected to yield a million bpd

  

  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.