Investments

• Friday, February 19th 2010 - 00:17 UTC

  China investing heavily in long term supply resources projects in Latinamerica

  

  China’s voracious appetite for Latinamerican commodities is turning into a great opportunity for companies in the region not only because of the huge market but also as a great financial source.

• Monday, February 15th 2010 - 06:35 UTC

  World’s largest cargo aircraft lands in Sao Paulo

  

  The world’s largest cargo aircraft and the largest fixed-wing, Russia’s Antonov AN 225 landed over the weekend in one of Sao Paulo’s airports, Guarulhos loaded with equipment for Brazil’s oil and gas government managed corporation Petrobras.

• Saturday, February 13th 2010 - 07:30 UTC

  Chevron and Repsol will lead development of Orinoco tar sands

  

  Chevron and Repsol YPF SA will lead development of two 15 billion US dollars projects to pump and refine Venezuelan crude after winning the country’s first oil auction since President Hugo Chavez took office 11 years ago.

• Friday, February 12th 2010 - 19:37 UTC

  Falkand Islands: Seismic contractor moves in on unlicensed acreage

  

  AS the Ocean Guardian oil rig is scheduled to arrive in Falklands waters next week, a UK-registered start-up seismic contractor is aiming to carry out a speculative 6,000km multi-client 2D shoot on unlicensed acreage in Falklands waters.

• Friday, February 12th 2010 - 04:38 UTC

  Petrobras signs agreement to begin oil exploration in Uruguay’s continental shelf

  

  Brazil's state-managed oil company Petrobras signed this week an agreement with the Uruguayan state oil company Ancap to explore and produce oil and natural gas on Uruguay's continental shelf.

• Friday, February 12th 2010 - 04:29 UTC

  Uruguayan president elect captivates audience of Argentine businesspeople

  

  Uruguayan president elect Jose Mujica promised to the business elite of the River Plate economic stability, standing rules of the game, low taxes, incentives and reduced risks in exchange for productive investments in the country’s economy.

• Thursday, February 11th 2010 - 18:11 UTC

  Growing interest of Indian companies in investing in Latinamerica

  

  More Indian companies are looking to do business in Latinamerica as they seek exposure to growing markets and a more secure investment destination, according to The Wall Street Journal.

• Monday, February 8th 2010 - 05:08 UTC

  Russia displaces the US as main supplier of arms to Latinamerica

  

  The International Institute for Strategic Studies (IISS), a British research institute focusing on international security, revealed that Russia in 2009 became the main exporter of weapons to Latin America thanks to the purchases made by Venezuela, but also to Brazil, Mexico, Peru and Colombia.

• Monday, February 8th 2010 - 05:02 UTC

  New Carrasco terminal among the “most beautiful airports in the world”

  

  The new Uruguayan air terminal in Carrasco, inaugurated last November, has been included among fifteen of “the most beautiful airports in the world” according to the January edition of travel magazine “Travel+Leisure”.

• Thursday, February 4th 2010 - 17:31 UTC

  BBVA takes over Credit Agricole becomes Uruguay’s second largest private bank

  

  French bank Credit Agricole SA will sell its Uruguayan subsidiary, Credit Uruguay Banco, to the local unit of Spain's BBVA it was confirmed in Montevideo and Madrid.