Investments

• Wednesday, April 20th 2011 - 01:07 UTC

  Google invests in the world’s largest wind farm in the state of Oregon

  

  Google Inc. said announced this week that together with two Japanese partners they will pay General Electric Co. about 500 million US dollars for a majority equity stake in the world's largest wind farm, under construction in Oregon.

• Tuesday, April 19th 2011 - 16:11 UTC

  Falkland Islands’ 2012 oil exploration drilling round announced by FOGL

  

  Falkland Oil and Gas Ltd plans to raise £32m through a placing of shares at 70p each, with the money earmarked for the oil and gas exploration company’s 2012 drilling program, according to a release from the company heavily involved in exploration to the South and East of the Falkland Islands.

• Tuesday, April 19th 2011 - 13:53 UTC

  Argentina joins manufacturing of Brazil’s KC 390 jet powered military transport

  

  Brazil and Argentina aircraft industries have signed a partnership contract for the manufacturing of the Embraer KC 390, a medium sized twin engine jet powered military transport aircraft with a 23 tons capacity.

• Monday, April 18th 2011 - 10:09 UTC

  Mexican tycoon plans to invest 1.5 billion USD in Argentine telecommunications

  

  Mexican telecom magnate Carlos Slim, ranked as the world's wealthiest man by Forbes magazine, plans to invest 1.5 billion US dollars over the next two years in Argentina's telecommunications sector, officials said.

• Monday, April 18th 2011 - 10:03 UTC

  Desire plugs Ninky well, plans to move to East Flank based on positive 3D

  

  Falkland Islands Desire Petroleum reported Monday that it had completed the drilling of its Ninky prospect (2.620 metres) which showed the reservoir quality “is generally poor” and therefore the well will be plugged and abandoned, according to an official report released Monday.

• Saturday, April 16th 2011 - 02:00 UTC

  Canadian company will develop gold mine project in Argentine Patagonia

  

  Argentina's Planning Ministry said Thursday that Canadian mining company Goldcorp Inc. (GG) will invest 850 million US dollars to put into production its Cerro Negro gold project in Santa Cruz Province.

• Saturday, April 16th 2011 - 01:53 UTC

  Norway’s Statoil makes major oil discovery in the Brazilian Campos basin

  

  Norway’s biggest oil and gas producer Statoil ASA, said the “significant” oil discovery made adjacent to the Peregrino field in the Campos basin off Brazil may warrant a separate installation to speed up development.

• Monday, April 11th 2011 - 21:09 UTC

  Brazil aware its relation with China raises the risk of “Dutch Disease”

  

  President Rousseff arrived in Beijing Monday to begin a state visit to China that will incorporate Thursday’s summit of BRIC leaders. However Ms Rousseff’s trip to China is symbolically important since it is her first overseas visit outside Latin America and underlines the growing importance of the Brazil/China relationship, points out Capital Economics.

• Wednesday, April 6th 2011 - 01:10 UTC

  Desire Petroleum confident of its Falklands’ portfolio prospects potential

  

  Falklands Desire Petroleum has said the past 12 months had proved an “energetic” period for the company with the information gathered leading to believe that the East Flank Play Fairway has a great deal of potential.

• Tuesday, April 5th 2011 - 09:13 UTC

  Falklands’ Sea Lion well latest oil appraisal sends Rockhopper shares soaring

  

  Shares in Falkland Islands Rockhopper Exploration soared 16% on Monday, after it raised its lowest case estimate of crude reserves at its Sea Lion well.