Investments

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.
Monday, April 4th 2011 - 07:08 UTC
Source rock and possible shale oil discovered in the centre of Uruguay

Uruguay state-run oil and gas company ANCAP announced the discovery of source rock which might contain underground shale oil or natural gas deposits.
Monday, April 4th 2011 - 07:02 UTC
Paraguay after partners to explore for oil in the vast Chaco region

Paraguay’s government oil company Petropar is trying to find a foreign associate for oil exploration in the country’s vast Chaco region. Apparently companies from Russia and Bahrain have shown certain interest but Paraguayans admit the difficulties.