Investments

Tuesday, November 23rd 2010 - 03:10 UTC
Falklands’ oil company contracts exploration rig to operate end of 2011

DryShips has won an exploration contract to drill offshore the Falkland Islands. The Greek company received a letter of intent for the Eirik Raude and will drill two weels for approximately 90 days beginning in the fourth quarter of 2011.
Monday, November 22nd 2010 - 20:54 UTC
Italy’s Eni to invest 7 billion USD in developing Venezuela’s oil and gas reserves

Petroleos de Venezuela SA and Italy’s Eni SpA said they’ll jointly invest 17 billion US dollars to produce and refine heavy crude in the Orinoco Belt.
Friday, November 19th 2010 - 01:54 UTC
Goldman Sachs makes a positive near term appraisal of Falklands’ oil industry

The Falkland Islands will continue to be an important focus for European exploration and production (E&P) oil and gas investors in the near term, according to research by Goldman Sachs.
Thursday, November 18th 2010 - 19:53 UTC
Latinamerica “business climate” steady and in “cautious boom” phase

Chile, Peru and Uruguay rank as the countries with the best business climate according to a report from the Brazilian foundation Getulio Vargas, FGV. The October report released this week ranks Chile with 7.5 points; Peru, 7.1; Uruguay, 7; Brazil, 6.8; Colombia, 6.8; Paraguay, 6.5; Argentina, 5.9 and Bolivia, 5.6.
Thursday, November 18th 2010 - 16:38 UTC
Latin America Real Estate Investment 2010 by Alternative Latin Investor

Alternative Latin Investor is proud to present its latest special report, Latin America Real Estate Investment 2010. <br />
The report covers the commercial, residential and tourism sectors within Brazil, Mexico, Colombia and Peru with special sections on Agricultural Land Investment in Argentina and the massive Panama Pacífico Project.
Tuesday, November 16th 2010 - 12:07 UTC
“If the Euro fails, Europe fails”, warns Germany’s Merkel

German Chancellor Angela Merkel said the Euro is the glue that holds Europe together, signalling that an Irish bailout may be the price of preserving European unity.
Tuesday, November 16th 2010 - 08:51 UTC
Rockhopper Exploration plc: Interim Results for the Six Months Ended 30 September 2010

Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, is pleased to announce its interim results for the six months ended 30 September 2010
Tuesday, November 16th 2010 - 04:43 UTC
Caterpillar bets on continued commodities boom, acquires competitor

Placing a huge bet on the global commodities boom, the world's biggest heavy machinery maker, Caterpillar Inc., announced plans Monday to acquire mining equipment company Bucyrus International for 7.6 billion US dollars.
Monday, November 15th 2010 - 19:20 UTC
East Asia more than doubles Latin America’s investment in infrastructure

In spite of healthy economic growth in Latin America, local and foreign companies alike single out one area as deficient, especially compared with Asia: infrastructure.
Friday, November 12th 2010 - 00:47 UTC
Japanese companies will help Bolivia with lithium added-value by-products

Japan’s Sumitomo and Mitsubishi will send experts and equipment to Bolivia to support efforts to produce value-added lithium by-products in the Andean nation, state media reported.