Investments

Tuesday, March 20th 2012 - 17:21 UTC
Falkland Oil and Gas in farmout agreement involving license areas and cash

The exploration company Falkland Oil and Gas Ltd. (FOGL) has entered a farmout agreement with an unnamed party for its licenses south and east of the Falkland Islands.
Monday, March 19th 2012 - 06:44 UTC
Falklands’ oil company delays report on deep water exploratory drilling

UK based oil firm Borders & Southern pushed back the time frame for initial results from an exploration campaign offshore the Falkland Islands after a deep water well experienced technical issues.
Sunday, March 18th 2012 - 19:59 UTC
Paraguay calls on Argentina for “reflection and dialogue” regarding trade restrictions

The Paraguayan government called for “reflection and dialogue” from the Argentine government in order to find a solution to the commercial restrictions in place on imported products, “we don’t need any more walls”.
Sunday, March 18th 2012 - 19:48 UTC
Unasur supports Argentine Malvinas and call on UK to resume negotiations

Foreign ministers from the Union of South American Nations (UNASUR) reaffirmed their support for Argentina over the Malvinas Islands sovereignty dispute at the annual meeting held in Asunción, Paraguay.
Saturday, March 17th 2012 - 07:21 UTC
YPF is an Argentine asset run by Spanish investors, De Vido tells Madrid

Argentine Planning Minister Julio de Vido lashed out at Spanish Industry Minister José Manuel Soria by saying that oil company YPF is an Argentine corporation run by Spanish investors and should not be considered an asset of the European country.
Saturday, March 17th 2012 - 06:13 UTC
EU/Mercosur will exchange market access proposals when Brazil chairs the round

The European Union and Mercosur concluded Friday in Brussels the eighth round of negotiations for a free trade agreement with the commitment to begin exchanging market access proposals at the next meeting.
Saturday, March 17th 2012 - 06:10 UTC
US confirms ‘neutral position’ in Falklands’ dispute; hopes for cooperation on practical issues

United States stated that it maintains its “neutral position” over the Falklands/Malvinas Islands dispute between Argentina and UKand hopes for an agreed solution, an official source of the US government assured after the three day visit of British Prime Minister David Cameron which included several meetings at the White House
Saturday, March 17th 2012 - 06:01 UTC
EU ministers agree to free trade pact with Colombia and Peru

EU trade ministers agreed on Friday to approve a free trade pact with Colombia and Peru that could boost European car and chemical exports and lift food and mineral exports from the South American countries.
Thursday, March 15th 2012 - 22:17 UTC
Quick reply to Argentina: UK reaffirms Falklands’ right to develop hydrocarbons resources

Britain waited only a few minutes for Argentina to finish detailing a barrage of legal and administrative threats against anybody and everybody involved in the Falklands oil industry, and firmly stated its full support to the Islanders development of their hydrocarbons resources.
Thursday, March 15th 2012 - 06:07 UTC
YPF survival battle to remain private took off in two Patagonian provinces

The governments of the Patagonian provinces of Chubut and Santa Cruz announced the termination of the contract of exploitation of four different oil wells that YPF handles in the Gulf San Jorge and that both provinces share. Spain’s Repsol, the oil giant that controls YPF has announced it will file a lawsuit against the measure.