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MercoPress, en Español

Montevideo, April 8th 2026 - 00:07 UTC

Investments

  • Monday, July 6th 2009 - 12:54 UTC

    China downplays interest in stake of Repsol/YPF

    CNOOC Fu Chengyu says cooperation is the word, not acquisition

    Chinese oil producer CNOOC is seeking cooperation rather than acquisitions, the corporation’s president Fu Chengyu was quoted on Sunday, amid talk CNOOC had set its sights on a unit of Spanish oil major Repsol/YPF.

  • Monday, July 6th 2009 - 10:07 UTC

    Two Sea Kings for Argentine Antarctic operations

    The multipurpose helicopter ideal for search and rescue operations (Photo Nuestromar)

    The Argentine Navy received at the end of June the second batch of two UH-3H Sea King helicopters out of a total of six which will replace losses experienced in Antarctic operations it was reported by Puerto Belgrano Marine’s Gazette.

  • Monday, July 6th 2009 - 10:00 UTC

    Brazil/Bolivia/Chile inter-oceanic corridor ready for 2011

    The 5.580 kilometres route will link the Atlantic with the Pacific

    Bolivia, Brazil and Chile have announced that the inter-oceanic corridor, from the Atlantic to the Pacific will be finished by 2011. The announcement was made following an assessment of the different legs of the corridor during a meeting in La Paz, Bolivia between the Public Works ministers of the three countries.

  • Monday, July 6th 2009 - 09:56 UTC

    GM, a respected, innovative, fuel efficient brand in Latinamerica

    Brazil has plans to export a million vehicles annually

    In spite of its misfortune or long standing mismanagement in the US, General Motors Corp. has built a thriving powerhouse operation in Latin America, where its fuel-efficient vehicles are playing a crucial role in returning the battered company to health.

  • Saturday, July 4th 2009 - 08:21 UTC

    Petrobras begins refining oil from the pre-salt basin

    The Brazilian oil corporation has decided to concentrate investments and efforts to tap domestic resources.

    Brazil’s government managed oil corporation Petrobras reported this week it had begun refining oil from the Tupi field, located at the pre-salt area of Santos Basin which is Brazil’s great hope for becoming a major player in the world’s hydrocarbons market.

  • Thursday, July 2nd 2009 - 12:35 UTC

    YPF/Petrobras/GALP to explore for oil in Uruguayan waters

    YPF will operate a deep water block and Petrobras a shallow water block.

    A consortium made up of YPF/Repsol, Petrobras Uruguay and GALP from Portugal has won a bid to explore for oil in two offshore blocks near the coast of Uruguay, according to industry reports late Wednesday.

  • Thursday, July 2nd 2009 - 00:27 UTC

    Falklands’ could have new deepwater port by 2012

    The current FIPASS facilities are insufficient and need upgrading

    Economic situation allowing, the Falkland Islands hope to have a new deepwater port by 2012.

  • Wednesday, June 24th 2009 - 04:00 UTC

    South American wines help overcome the global crisis

    Argentine, Chile, Brazil, Peru wines are rapidly displacing low and high priced competitors

    As the world grits its teeth and grabs another glass of something to chase the blues away, South American wine producers are watching exports bounce. International wine sales from places like Chile, Argentina, Brazil and Peru are up in the first quarter of 2009, and industry professionals are saying the crisis has been positive for them.

  • Friday, June 19th 2009 - 14:00 UTC

    Brazil drafting legislation to create new state-owned oil company

    Sub-salt resources should put Brazil among the world’s leading oil producers.

    Brazil’s government is considering changes to the country’s oil law that would open the way for the creation of a separate state owned company to manage development of the sub-salt and deep sea hydrocarbons resources.

  • Thursday, June 18th 2009 - 14:54 UTC

    Brazil invests 7.6 billion USD in family farming

    The plan is basically to promote food production

    The Brazilian government confirmed Wednesday that the fund to promote home farming and gardening will have at its disposal 7.6 billion US dollars. This represents a 525% increase since the administration of President Lula da Silva took office in 2003.