Investments

• Thursday, September 15th 2011 - 21:28 UTC

  Spanish corporations have 130 billion dollars invested in Latin America

  

  Foreign Minister Trinidad Jimenez emphasized this week the growing relevance of Spain in Latin America, where Spanish firms have made 130 billion Euros worth of investments.

• Wednesday, September 14th 2011 - 14:54 UTC

  Falklands’ Rockhopper unveiled 2bn dollars plan to extract oil by 2016

  

  British oil group Rockhopper Exploration has unveiled plans for a 2 billion dollars investment in the Falkland Islands, a move which will transform the remote territory into a new oil province.

• Saturday, September 10th 2011 - 00:42 UTC

  China and Argentina reaffirm strategic partnership; prepare for 2012 celebration

  

  China and Argentina have agreed to further enhance mutual trust and their strategic partnership as the two emerging economies are playing an increasingly important role in the world arena.

• Friday, September 9th 2011 - 22:05 UTC

  Mercosur and Mexico auto industry agree to jointly compete with Asia

  

  Mercosur and Mexico signed an agreement which virtually liberates all bilateral auto industry trade and opens prospects for joint undertakings world wide. The event took place in Montevideo, administrative capital of Mercosur.

• Friday, September 9th 2011 - 15:44 UTC

  Small shareholders question Pemex stake doubling in Repsol-YPF

  

  A group representing minority shareholders asked Spain’s CNMV stock market regulator to investigate the recent move by Mexican state oil company Pemex to double its stake in Spanish energy giant Repsol-YPF.

• Friday, September 9th 2011 - 15:00 UTC

  Oil discovery off French Guiana, “mirror” of Jubilee field off Ghana, says Tullow

  

  Tullow Oil has announced an oil discovery from an exploration well off the coast of French Guiana. The drilling encountered 72 metres of net oil pay in two turbidite fans.

• Friday, September 9th 2011 - 09:23 UTC

  Uruguay launches second round of hydrocarbons offshore exploration

  

  Uruguay detailed plans to auction 15 offshore exploration blocks on Thursday, part of the energy-short country's efforts to reduce its dependence on imports of oil and natural gas.

• Friday, September 9th 2011 - 09:18 UTC

  Falkland Oil & Gas confirms drilling rig for two slots in the first half of 2012

  

  Falkland Oil and Gas (FOGL), the exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, reiterated it has signed a contract for the Leiv Eiriksson drilling rig for two firm slots in the first half of 2012.

• Tuesday, September 6th 2011 - 22:27 UTC

  Chinese consortium acquires 15% of world’s largest niobium producer in Brazil

  

  A consortium of five Chinese companies has acquired a 15% stake in Brazil's Companhia Brasileira de Metalurgia e Mineracao (CBMM), the world's biggest niobium producer, for 1.95 billion dollars in cash.

• Tuesday, September 6th 2011 - 06:24 UTC

  Colombia’s largest retailer launches stock sale to fund expansion in Uruguay

  

  Colombia's largest retailer Almacenes Exito SA launched a 2.5 trillion peso (1.4 billion dollars) stock sale for local and foreign investors Monday, the proceeds of which will be used to expand into Uruguay and elsewhere.