Investments

Thursday, November 25th 2021 - 09:33 UTC
Russian company finds oil off the coast of Tabasco in Mexico

Russia's Lukoil oil company Wednesday announced the finding of an oil reserve off the coast of Tabasco in Mexico believed to be worth 250 million barrels of crude. ”The reservoir was discovered when drilling the Yoti West-1EXP well from the semi-submersible platform Valaris 8505,” according to a company statement.
Wednesday, November 24th 2021 - 09:08 UTC
Falkland Islands Company awarded the joint venture housing contract

Following the request for tenders from local and international companies, the Falkland Islands Government (FIG) and the Ministry of Defence (MoD) confirmed that on Wednesday 17 November 2021 the Falkland Islands Company (FIC) successfully signed a joint venture housing contract.
Tuesday, November 23rd 2021 - 20:01 UTC
Biden endorses Powell for yet another term as Federal Reserve head

US President Joseph Biden has announced he wanted Republican lawyer Jerome Powell to stay at the helm of the United States Federal Reserve (Fed) for a second four-year term.
Friday, November 19th 2021 - 09:21 UTC
The Antipodas project, a US$2 Billion Subsea Solar Power Cable From Chile To China

By Halev Zaremba Oilprice.com – One of the biggest challenges standing in the way of achieving a 100% renewable energy transition is the fact that key sources of renewable power including wind and solar are variable - meaning that they don’t supply a steady flow of energy production. Instead, they are dependent on external factors such as weather, daylight hours, and seasons.
Friday, November 19th 2021 - 09:18 UTC
Israeli-developed oral COVID-19 vaccine strikes deal with Mexican lab

Pharmaceutical companies from Israel and Mexico have announced an oral vaccine against COVID-19 is to be marketed across Latin America shortly.
Friday, November 19th 2021 - 09:02 UTC
Construction boom: FIH wins contract to build 70 houses in the Falklands

FIH group plc the AIM quoted international specialist services group with businesses in the Falkland Islands and the UK, has announced an important new contract secured by its Falkland Islands business “FIC”.
Thursday, November 18th 2021 - 09:05 UTC
Bolsonaro gov't wants Elon Musk to supply internet access to Amazon region

Negotiations between Brazil's Government and entrepreneur Elon Musk to make the internet available to people in the Amazon region were announced Wednesday.
Thursday, November 18th 2021 - 03:42 UTC
OPEC+ Raised Oil Production by more than 400,000 BPD in October

By Tsvetana Paraskova for Oilprice.com – Led by production increases in Saudi Arabia and Russia, the OPEC+ group raised its October oil output by 490,000 barrels per day (BPD), TASS news agency quoted the International Energy Agency as saying in its monthly report on Tuesday.
Wednesday, November 17th 2021 - 08:58 UTC
“Tobacco industry used Covid-19 pandemic to build influence with governments”, WHO report

The fourth WHO global tobacco trends report release shows that there are 1.30 billion tobacco users globally compared to 1.32 billion in 2015. This number is expected to drop to 1.27 billion by 2025. Sixty countries are now on track to achieving the voluntary global target of a 30% reduction in tobacco use between 2010 and 2025: two years ago only 32 countries were on track.
Wednesday, November 17th 2021 - 08:20 UTC
Aeroflot to serve Buenos Aires and Rio de Janeiro

Russia's flag carrier Aeroflot has announced a series of new routes as COVID-19 travel restrictions are being lifted internationally.