Investments

• Saturday, February 18th 2012 - 00:15 UTC

  Argentina now takes Falklands’ dispute to satellite imagery

  

  The Argentine newspaper Ambito Financiero reported on Friday, without revealing sources, that oil exploration rig Leiv Eiriksson, contracted by two oil companies to drill to the south of the Falkland Islands “was found, on Thursday, exploring in Argentine waters”, according to ‘irrefutable’ satellite images.

• Friday, February 17th 2012 - 03:59 UTC

  UK analysts says Falklands’ oil industry could be worth 180 billion dollars in royalties and taxes

  

  A leading UK market and investment analyst, Edison Investment Research looks at the prospects of the Falkland Islands oil industry and suggests the industry could be worth 180 billion dollars in royalties and taxes.

• Thursday, February 16th 2012 - 07:19 UTC

  Mining projects debate heats up in Argentina as provinces unite to defend industry

  

  The Argentine government faced with growing resistance to mining projects without the proper environment and resources assurances, which has led to demonstrations and sometimes violent clashes with police, has sponsored the creation of the Federal Mining Organization which brings together all those provinces with mining interests.

• Wednesday, February 15th 2012 - 00:37 UTC

  Uruguay signs first hydrocarbons on-shore exploration contract with US company

  

  Uruguay’s hydrocarbons refining company Ancap signed on Tuesday an agreement with US company Schuepbach Energy to begin exploration for oil and gas in the north and centre of the country.

• Tuesday, February 14th 2012 - 20:46 UTC

  C&W Worldwide soars 30% after Vodafone said it was interested in takeover

  

  Vodafone Group, the world's largest mobile operator by revenue, is considering a bid for Britain's Cable & Wireless Worldwide, whose fixed-line network could boost bandwidth for its Internet-hungry customers.

• Wednesday, February 8th 2012 - 06:10 UTC

  Repsol-YPF CEO holds “positive and constructive” meeting with Argentine officials

  

  The Buenos Aires media revealed late Tuesday that Antonio Brufau, CEO from Repsol-YPF, which has a dominating position in the oil and gas market in Argentina met with top officials from the President Cristina Fernandez administration.

• Tuesday, February 7th 2012 - 16:57 UTC

  Oil rig operating in the Falklands signs three year contract off Norway

  

  A consortium of companies appears to be spending a large day-rate on an Ocean Rig unit which has been fixed for a firm three years off Norway. The semi-submersible Leiv Eiriksson, currently operating in Falklands waters has been wrapped up for a 15-well program over a minimum of 1070 days on the Norwegian Continental Shelf, Greek rig owner Ocean Rig said on Monday.

• Monday, February 6th 2012 - 21:59 UTC

  Argentina puts pressure on YPF: wants oil companies with long term investments

  

  Vice President Amado Boudou brushed aside ‘Repsol-YPF nationalization rumours’ and said Argentina is interested in oil companies that make long term investments and don’t fall prey of short term financial profits.

• Monday, February 6th 2012 - 19:48 UTC

  “Leo” wines to support Messi’s Foundation programs to help children promoting sports

  

  An Argentine winery will be launching next April a line of Sauvignon and Chardonnay with the brand name “Leo” in honour of the brilliant player and striker of the world’s currently greatest team Barcelona, Leonel Messi.

• Monday, February 6th 2012 - 19:45 UTC

  Brazil privatizes concessions of the country’s three busiest air terminals

  

  Brazil awarded on Monday contracts for private companies to expand and operate terminals at three of the country's busiest airports, hoping concessions worth 24.5 billion Reais (14.21bn dollars) will improve the cramped and delay-plagued facilities amid soaring demand for air travel and preparations for the 2014 World Cup and 2016 Olympics.