Investments

• Sunday, February 27th 2011 - 23:14 UTC

  China plans to build 45 new airports in the next five years

  

  China plans to build at least 45 new airports in the next five years to serve booming travel, the top industry regulator said last week.

• Sunday, February 27th 2011 - 23:08 UTC

  ANCAP contracts 50.000 km areo-magnetic survey of the Uruguayan offshore

  

  Uruguay government owned oil company ANCAP contracted the international company Fugro for the provision of geophysical services covering a complete aero-magnetic survey of the River Plate area and Atlantic Ocean where Uruguay is about to launch a hydrocarbons exploratory round.

• Saturday, February 26th 2011 - 02:54 UTC

  Uruguay and Argentina agree to build floating re-gasification plant

  

  Uruguay and Argentina signed on Friday an agreement to build a re-gasification plant for liquid natural gas to help meet their energy needs. The floating re-gasification plant will supply the two nations with 10 million cubic meters a day of natural gas, scalable to 15 million, starting in 2013 according to an official statement.

• Friday, February 25th 2011 - 21:29 UTC

  China Sinopec completes take over of US Occidental Petroleum assets in Argentina

  

  China Petrochemical Group (Sinopec), China's largest oil refiner announced this week that U.S. Occidental Petroleum Corp. (NYSE:OXY) had completed handing over its Argentinean assets to it.

• Friday, February 25th 2011 - 06:33 UTC

  China will participate in Brazil’s next oil and gas bidding round

  

  China's Sinopec Corp said it planned to participate in Brazil's next oil and gas bidding rounds, which should be resumed after the passage of a reform of the country's oil law expected this year.

• Friday, February 25th 2011 - 01:04 UTC

  India pledges greater economic cooperation and trade with Uruguay

  

  India pledged on Thursday greater economic cooperation with Uruguay in sectors such as agriculture, pharmaceuticals, textiles, automobiles, machineries and IT. In 2009-10, bilateral trade stood at 64.3 million US dollars.

• Thursday, February 24th 2011 - 07:49 UTC

  Uruguay and India explore wind energy cooperation

  

  A high level delegation from Uruguay is exploring the possibility of forging cooperation with India in the wind power sector. Led by Uruguayan Vice President Danilo Astori, the delegation visited Wednesday the plant of RRB Energy Ltd (RRBEL) in Chennai (formally Madras).

• Thursday, February 24th 2011 - 07:20 UTC

  After 22 years Repsol-YPF delists from the NY Stock Exchange

  

  Spanish-Argentine energy company Repsol-YPF officially informed the U.S. Securities and Exchange Commission of its decision to de-list from the New York Stock Exchange, where its shares had been traded for almost 22 years.

• Thursday, February 24th 2011 - 07:16 UTC

  Nasdaq reacts to spate of deals in the stock markets industry

  

  Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals.

• Thursday, February 24th 2011 - 07:03 UTC

  BHP Billiton expands shale gas business and buys fields in Arkansas

  

  Giant Anglo-Australian miner BHP Billiton has agreed to buy shale gas assets from US firm Chesapeake Energy for 4.75 billion US dollars. The purchase of Chesapeake's stake in a field in Fayetteville, Arkansas represents a move into the rapidly expanding shale gas business for BHP.