Investments

Thursday, April 4th 2013 - 18:37 UTC
Falkland Islands’ oil industry associate begins offshore production from Israel’s major gas deposits

Houston based Noble Energy which also has interests in the Falkland Islands oil industry announced this week that the Tamar natural gas field offshore Israel has been successfully brought online with all five of the sub-sea wells now producing at stable rates totalling approximately 300 million cubic feet per day.
Thursday, April 4th 2013 - 16:59 UTC
Gas starts flowing from Israel's Levant Basin, what now?

By Jen Alic - The first gas has started flowing from Israel's super-giant Tamar gas-field in the Levant Basin. Where it will go will redraw the Mediterranean energy map and the geopolitics that goes along with it.
Thursday, April 4th 2013 - 07:40 UTC
Batelco completes buyout of Cable & Wireless; includes Falklands, St Helena and Ascension services

Cable & Wireless Communications (CWC) has completed the disposal of the majority of its Monaco & Islands division, which was announced last December and includes the South Atlantic islands of Falklands, Ascension and St Helena.
Tuesday, April 2nd 2013 - 18:27 UTC
Falklands’ new port facility sea bed survey to be completed by early June

A deployable core drill rig is taking samples of the sea bed and rock structure for the likely locations of a future deep-sea port for the Falkland Islands in Port William, reports the Penguin News.
Tuesday, April 2nd 2013 - 05:23 UTC
India/Mexico bilateral trade expected to reach 15bn dollars by 2015

By R. Viswanathan - Yes… steady is the word to describe the growth of India's trade with Mexico, the second largest market of Latin America. The bilateral trade reached 6.29 billion dollars in 2012 from 4.15bn in 2011, 2.9bn in 2008 and 1.03bn in 2003.
Tuesday, April 2nd 2013 - 02:42 UTC
Uruguay will go ahead with the re-gasification plant “with or without Argentina”

President Jose Mujica confirmed that the project for the construction of a liquid gas re-gasification plant in the River Plate coast, originally planned with Argentina, “will go ahead with of without the Argentine government”.
Monday, April 1st 2013 - 10:03 UTC
Sao Paulo will host 1.500 political and business leaders from Germany and Brazil

Germany is keen to boost its already substantial investment in Brazil ahead of the 2014 World Cup and the 2016 Rio summer Olympics, the new president of the Brazil-Germany Chamber of Commerce said.
Wednesday, March 27th 2013 - 07:53 UTC
YPF and US based DOW sign memorandum to develop shale gas in Patagonia

Argentina’s nationalized energy company YPF on Tuesday signed a memorandum of understanding with the local subsidiary of the US Dow Chemical to develop the shale gas deposits in the southern Nequen province.
Tuesday, March 26th 2013 - 22:44 UTC
March-bonus for 7 million low income Chileans, handout in presidential election year

Chilean president Sebastian Piñera signed this week a bill which grants a special ‘March-bonus’ to low-income families and is extensive to seven million people. Each beneficiary will receive the equivalent of 85 dollars which will represent for the Treasury an outlay of 208 million dollars.
Tuesday, March 26th 2013 - 21:55 UTC
Argentina’s tax office targets main grain exporters; demands 951 million dollars in alleged arrears

Cargill Inc. and Bunge Ltd. are among grain exporters that allegedly owe the Argentine government 951 million dollars in taxes and won’t be eligible for a reduced interest rate under a payment plan unveiled by the government this week.