Investments

• Tuesday, November 20th 2012 - 00:46 UTC

  Repsol wants fair compensation from Argentina; will appeal to all legal resources

  

  Repsol Chairman Antonio Brufau has expressed his determination to reach a solution on compensation for the nationalisation of its shares in YPF, and says that he is willing to take the matter to an international court level to ensure a fair amount is paid.

• Saturday, November 17th 2012 - 06:12 UTC

  Planning for when the 2016 airport, St Helena after closer links with Faklands

  

  A top official from St Helena will be visiting the Falkland Islands next month to explore ways that the governments of the two British Overseas Territories can collaborate and looking ahead to when the mid Atlantic volcanic island will have an international airport.

• Tuesday, November 13th 2012 - 20:51 UTC

  Latam rapidly turning into middle class continent, says World Bank

  

  A World Bank report released Tuesday found that Latin America and the Caribbean registered a 50% jump in the number of people joining the middle class during the last decade, which was called by economists an historic achievement for a region long exposed to wealth inequality.

• Saturday, November 10th 2012 - 04:46 UTC

  Major group plans cash-tender offer for low cost airline Barcelona-based Vueling

  

  International Airlines Group has reaffirmed that it would keep Vueling as a stand-alone entity within the group if it completes its plan to acquire the outstanding shares in the Barcelona-based low-cost carrier.

• Friday, November 9th 2012 - 06:23 UTC

  Chile’s ENAP and BG clash over supply of LNG from Egyptian fields

  

  Chilean government owned oil and gas company, ENAP, described as ‘unacceptable’ British Gas announcement to GNL Chile that its will not comply with provision contracts next year.

• Thursday, November 8th 2012 - 01:53 UTC

  Brazil expands investmetns and builds closer economic ties in Africa

  

  Brazilian companies are moving into Africa amid a government drive to build closer economic ties with the continent. A year ago Vale, the Brazilian mining giant, exported its first overseas coal shipment from Mozambique.

• Wednesday, November 7th 2012 - 22:29 UTC

  Falklands’ experience helps revolutionize oil and gas industry technology

  

  Working on experience gained from the relocation of thousands of tons of equipment from Aberdeen to the Falkland Islands for the round of exploratory drilling started in 2010 has helped a Scottish company launch a software program set to revolutionize the oil and gas industry.

• Friday, November 2nd 2012 - 23:07 UTC

  Falklands extends Rockhopper licences to evaluate further oil potential

  

  The Falkland Islands government has granted a one year extension for Rockhopper Exploration’s production licences PL023 and PL024. The licences, in which Rockhopper has a 40% interest, have been extended until November 2013, with no requirement for the operator to perform further work on the licences in that time.

• Thursday, November 1st 2012 - 00:10 UTC

  Hedge funds quietly investing in Falklands’ oil exploration companies

  

  Hedge funds have been quietly building up stakes in the oil explorers operating off the Falkland Islands betting that companies will ignore the threats made by Argentina to disrupt the activity, according to a Reuters’ piece published this week.

• Wednesday, October 31st 2012 - 23:13 UTC

  Falklands’ Desire Petroleum plans for the next three years

  

  Planning ahead for the next three years Falkland Islands Desire Petroleum announced on Wednesday changes to its Production Licences following approval received from Executive Council.