An unusual visitor to the Falkland Islands last week was the Prins der Nederlanden, which anchored in Port William for the second time to receive fuel, reports the local Penguin News.
Uruguay’s is expecting a record wheat crop for the second year running in 2009 while the barley harvest is forecasted as the largest in the last ten years according to the Statistics Office from the Ministry of Agriculture, Livestock and Fisheries.
Chilean flag carrier LAN Airlines and its subsidiaries, one of the leading airlines in Latin America, announced Wednesday that the Company signed a contract for the purchase of 30 Airbus A320 family aircraft to be delivered between 2011 and 2016.
Argentina's YPF, the local unit of Spanish oil major Repsol, said on Tuesday it would explore for oil and natural gas in the Falkland/Malvinas Islands basin as part of a five-year exploration program.
The Brazilian Army and Fiat Iveco signed an agreement for the manufacturing or 2.044 armoured vehicles involving 3.5 billion US dollars as part of the new National Defence Strategy launched by the administration of President Lula da Silva.
A proposed 916 million US dollars road tunnel linking Chile and Argentina was endorsed last week by the Coquimbo (Region IV) regional government. The approval gives a green light to the proposed 14-km tunnel linking Chile’s Coquimbo province with the Argentine province of San Juan.
Brazil expects to reach an accord with Peru by March on a 5 billion US dollars power project to secure energy supplies for both countries, according to Energy minister Edison Lobao. The two governments plan to build five hydroelectric plants in Peru that will produce 6,000 megawatts of electricity
Rio Tinto Alcan, a unit of global mining giant Rio Tinto said on Monday it could invest up to 2.5 billion US dollars in a potential aluminium smelter in Paraguay. Rio Tinto Alcan said it had begun negotiations on a possible power purchase agreement for the potential smelter.
US oil giant Exxon Mobil is buying natural gas producer XTO Energy in a deal worth 41 billion US dollars. XTO Energy, based in Texas, is an on-shore natural gas producer. The deal includes 10 billion of debt from XTO.
Desire Petroleum, which is focused on the North Falkland Basin announced Wednesday it is proposing a share issue to raise £20 million to make use of the full potential of its hydrocarbons exploratory drilling season scheduled to begin next February when the “Ocean Guardian” rig arrives.