Investments

• Monday, August 22nd 2011 - 20:48 UTC

  Argentina’s Falklands claim will not significantly impact oil commerciality, says UK leading bank

  

  The commerciality of the Falkland Islands Rockhopper Exploration’s Sea Lion oilfield development shouldn’t be significantly impacted by logistical problems arising from Argentina’s claim over the sovereignty of the Islands, according to analysts at the Royal Bank of Scotland.

• Monday, August 22nd 2011 - 20:32 UTC

  Rockhopper spuds new assessment well in Falklands’ Sea Lion Main Complex

  

  Monday morning Rockhopper Exploration announced the spudding of its latest exploration well, 14/10-7, to further test the Sea Lion oil discovery in Falkland Islands waters.

• Monday, August 22nd 2011 - 07:53 UTC

  Falklands’ government readies for a decision on a new deep sea port

  

  After a year without any obvious movement on the idea of a new deep sea port for the Falkland Islands it seems that the idea is alive and well and being pursued, quietly in the background. The estimates for such a project vary up to £ 50, £ 60 million.

• Monday, August 22nd 2011 - 06:55 UTC

  Uruguay and Colombia have best ‘business climate’ in Latin America

  

  Business climate remained stable in Latin America during the second quarter of the year in spite of signs of the incipient global financial crisis, according to the Brazilian Foundation and think-tank Getulio Vargas. Uruguay and Colombia led the pack of the most pro-business countries in the region.

• Thursday, August 18th 2011 - 23:23 UTC

  Korean corporations investing heavily in Latin American markets and resources

  

  Korea’s leading businesses are making their forays into Latin America, which has emerged as a favoured destination among global investors for its growing economy, ample natural resources and robust domestic demand.

• Wednesday, August 17th 2011 - 01:22 UTC

  Paraguay attracted a billion dollars in private investment in three years

  

  Over a billion dollars have poured to the Paraguayan private sector, mostly under the ‘maquila’ system in the last three years according to a report from the Ministry of Industry and Commerce.

• Tuesday, August 16th 2011 - 13:41 UTC

  Chile approves massive coal mining project in extreme south Patagonia

  

  The controversial Isla Riesco coal-mining project in the extreme south of Chile took another step forward last Friday when a high-level government commission gave final approval to the first of five mines, Mina Invierno.

• Monday, August 15th 2011 - 22:32 UTC

  Chilean family group interested in taking over Shell assets in Argentina

  

  Chile's Luksic family group plans to buy Royal Dutch Shell Plc's assets in Argentina, which include service stations and the country's second-biggest oil refinery, financial daily Ambito Financiero reported on Monday.

• Monday, August 15th 2011 - 22:04 UTC

  Rockhopper raises its estimate of oil in North Falkland basin to 608 million barrels

  

  Rockhopper Exploration PLC upgraded its estimates of how much oil it could find off the Falkland Islands, boosting hopes that the remote territory in the South Atlantic could become a new oil province.

• Friday, August 12th 2011 - 02:27 UTC

  LAN-TAM deal approves first antitrust hurdle in Brazil; complaint in Chile

  

  The antitrust unit of Brazil's Finance ministry on Thursday recommended the approval of a plan by Chilean airline LAN to buy rival Brazilian rival TAM Linhas Aereas, saying the deal will not harm competition in the country's civil aviation market.