Investments

• Wednesday, June 2nd 2010 - 02:41 UTC

  Oil drilling begins in unexplored Falkland Islands’ south east waters

  

  Falkland Oil & Gas (FOGL) in association with BHP Billiton became the third oil company this year to begin exploratory drilling operations in Falkland Islands’ waters according to a Tuesday release from the company.

• Wednesday, May 26th 2010 - 06:13 UTC

  Chilean investments abroad rise sharply in first quarter of the year

  

  In the first quarter of 2010 Chilean businesses invested 1.7 billion US dollars abroad, seven times more than in the same period in 2009, according to the Santiago Chamber of Commerce (CCS).

• Tuesday, May 25th 2010 - 10:26 UTC

  Argentina’s Soy King praises Uruguay and its farming revolution

  

  Gustavo Grobocopatel also known as the Soy King of Argentina praised Uruguay’s conditions for corporate growth and said the country in the last seven years has undergone “revolutionary changes”.

• Monday, May 24th 2010 - 03:33 UTC

  Morales tells Spanish companies their investments in Bolivia are protected

  

  Investments by Spanish firms are protected in new Bolivian regulations, but companies involved in plots against the government will not be forgiven, said President Evo Morales on Sunday during a fence-mending speech.

• Saturday, May 22nd 2010 - 07:01 UTC

  Chinese company buys 40% stake in Brazil offshore field

  

  Norway’s largest oil and natural gas company Statoil ASA, agreed to sell a 40% stake in the Brazilian offshore Peregrino field to China’s Sinochem Group for 3.07 billion US dollars in cash according to a joint release this week.

• Friday, May 21st 2010 - 02:25 UTC

  Spanish bank takes leading position in Uruguay’s private financial sector

  

  One of Spain’s largest bank BBVA is waiting for the final approval from Uruguay’s central bank to disburse 100 million US dollars for the acquisition of France’s Credit (Agricole) Uruguay said Vicente Rodero BBVA director for Latinamerica.

• Friday, May 21st 2010 - 02:09 UTC

  Fourth oil company confirms Falklands’ exploratory drilling early 2011

  

  British oil exploration company Borders & Southern Petroleum (BOR) announced Thursday the launching of its exploration campaign in Falkland Islands waters at the start of next year.
  The decision was taken after the AIM listed company raised 184 million US dollars.

• Thursday, May 20th 2010 - 02:55 UTC

  New Delhi encouraging Indians to purchase farmland in Latinamerica

  

  New Delhi is encouraging Indians to buy farmland in Latin American countries and grow crops to help reinforce food security, reports the Hindustan Times. The Indian Foreign Office is working on a policy framework to promote such an initiative with the purpose of shipping the produce back, thus addressing difficult years of drought.

• Monday, May 17th 2010 - 05:20 UTC

  Uruguay among the most positive minded countries of the region

  

  Uruguay has turned into one of the most optimistic country of the region according to the 2009 Governance Barometer which assesses perceptions and prospects of the population in 21 countries of Latinamerica and the Ibero-America (Spain and Portugal).

• Saturday, May 15th 2010 - 04:16 UTC

  China Signs 23 Billion USD Deal with Nigeria to Build Three Refineries

  

  Nigeria's state-run oil firm Nigerian National Petroleum Corporation and China State Construction Engineering Corporation have signed a 23 billion US dollars deal.