Investments

• Sunday, January 23rd 2011 - 20:18 UTC

  Spain-China Expand Alliance

  

  Spanish Telefónica and Chinese operator Unicom agreed on Sunday to expand their alliance, both investing a further U$ 500 million in the other. Under the agreement, China Unicom could get a seat on Telefónica.

• Sunday, January 23rd 2011 - 16:26 UTC

  Opportunity for Latin America?

  

  The dynamics of the past few months regarding the price of oil, prime materials and food stuffs, worryingly reminds us of what happened to the world economy mid-2008. At the time the sky high price of oil – which reached U$147 a barrel - and the food crisis caused havoc.

• Thursday, January 20th 2011 - 16:37 UTC

  LAN Chile To Merge With TAM Soon

  

  The Chilean airline Lan announced that it has agreed with the Brazilian airline TAM the terms for the merge of the two airlines, which will take place in the next six to nine months

• Wednesday, January 19th 2011 - 09:18 UTC

  Falkland Oil & Gas Limited Exploration Update

  

  FOGL, the oil and gas exploration company is pleased to announce an exploration update with respect to its licence interests offshore the Falkland Islands and in particular to its 100% owned and operated southern licences. FOGL also holds a 49% interest in licences collectively referred to as the northern licences in which BHP Billiton holds 51% and is operator.

• Tuesday, January 18th 2011 - 18:32 UTC

  YPF To Begin Offshore Exploration In Tierra del Fuego

  

  A spokesperson for the Argentine oil firm YPF informed that exploration work is scheduled to begin this quarter on the coast of Tierra del Fuego, a province located off the southernmost tip of the South American mainland.

• Monday, January 17th 2011 - 23:22 UTC

  Falklands: FOGL prospects show promise, says broker

  

  FALKLAND Oil and Gas Limited has the potential to offer investors returns of 130 per cent in the medium term, according to the Jefferies brokerage.

• Monday, January 17th 2011 - 13:32 UTC

  Uruguay: A new pulp mill goes ahead

  

  Montes Del Plata, a 50/50 joint venture between Chilean Arauco and Finnish Stora Enso, manufactures cellulose pulp from wood, and has been operating in Uruguay since 2009.

• Tuesday, January 4th 2011 - 07:43 UTC

  Desire Petroleun plc: Dawn Well Operational Update

  

  Desire Petroleum plc (AIM:DES) the company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a total depth of 1,697 metres in pre-rift sediments.

• Wednesday, December 29th 2010 - 07:48 UTC

  Falklands: Desire Petroleum plc - Operation Update

  

  Desire Petroleum plc (AIM:DES) the oil and gas company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a depth of 1,313metres.

• Monday, December 27th 2010 - 08:57 UTC

  LAN and TAM ready to become Latam’s largest airline

  

  Chile's flag carrier LAN expects its planned merger with Brazil's TAM to clear regulatory hurdles and take flight in mid-2011, a top executive of the Chilean airline said in a radio interview on Friday.