Tag: Argentina

Tuesday, February 22nd 2011 - 07:00 UTC
Malvinas basin oil exploration scheduled to begin first half of 2011

Repsol-YPF plans to start deepwater exploration off the coast of Tierra del Fuego in the Malvinas basin are expected to begin before the end of the first half of 2011, according to company’s sources.
Tuesday, February 22nd 2011 - 06:58 UTC
Pan American Energy, --partly Chinese owned--, keeps expanding in Argentina

Argentina's Pan American Energy will sign a deal later this month to buy Exxon Mobil local downstream unit Esso, turning the company into a fully integrated oil and gas producer. Pan American Energy is a unit of Bridas Corp., which is jointly owned by Argentina's Bulgheroni family through Bridas Energy Holdings and China's Cnooc Ltd.
Tuesday, February 22nd 2011 - 06:42 UTC
Argentina has ignored Mercosur rules and is now harvesting the benefits

Even when Uruguay and Brazil are in the course of reaching understandings with Argentina regarding the latest trade restrictions to be implemented by President Cristina Fernandez de Kirchner administration, ‘which are not targeted against Mercosur members’, the Brazilian press presents another angle.
Tuesday, February 22nd 2011 - 04:18 UTC
Uruguay/Argentina working on ‘fast track’ to address trade differences

Uruguay and Argentina are discussing a ‘fast track’ mechanism that will allow Uruguayan exports to have quick access to the neighbour’s market thus avoiding the controversial trade restrictions recently announced by the administration of President Cristina Fernandez de Kirchner and which have surprised Mercosur partners.
Monday, February 21st 2011 - 07:16 UTC
Repsol-YPF contract UK flagged vessels for Malvinas basin exploration

Repsol-YPF planned exploration for hydrocarbons in the Malvinas basin, off Tierra del Fuego has suffered a major public relations setback following on the Buenos Aires press revelation that the two vessels contracted for the job not only are UK flagged but also have links with the current oil exploration round in Falkland Islands’ waters.
Monday, February 21st 2011 - 07:09 UTC
Argentina satisfied with G20 proposal to stimulate food production

Argentina is satisfied with the outcome of the G-20 ministerial meeting after the proposal to regulate commodities prices was turned down, particularly in the food chapter, and because it was agreed that the best way to address current tensions is to stimulate supply.
Saturday, February 19th 2011 - 06:17 UTC
US reveals content of the cargo from US Air Force plane seized by Argentina

The US State Department released a press statement detailing the content of the cargo seized by Argentine authorities in the US Air Force plane case, and said that despite a “discrepancy regarding the serial number of one of the weapons, the quantity and type of weapon was consistent with the official manifest” provided to Argentine officials.
Saturday, February 19th 2011 - 06:08 UTC
Argentine economy expanded 9.1% in 2010, announces Cristina Kirchner

President Cristina Fernandez de Kirchner announced Friday that Argentina’s economy is 2010 expanded 9.1% and unemployment in the fourth quarter experienced a further drop and now stands at a record low of 7.3%.
Saturday, February 19th 2011 - 05:42 UTC
Milestone for Buenos Aires police force: two women officers get married

A same sex couple, members of Argentina’s Federal Police and with the same rank, promised eternal love at a simple, warm and joyful ceremony in Buenos Aires City downtown Tribunals’ palace.
Friday, February 18th 2011 - 16:53 UTC
“Beginning of the end for Mercosur” warn Uruguayan industrialists

The chairman of the Uruguayan Chamber of Industry, Washington Burghi, warned that Argentina’s decision to restrict imports could be “the beginning of the end” for the Mercosur. However Argentine ambassador in Montevideo said decisions are targeted against Asian imports with the purpose of defending Argentine jobs.