The U.S. Geological Survey estimates that the Glauconitica zone of Chile's southernmost Magallanes region holds nearly 8.3 trillion cubic feet of technically recoverable, unconventional tight gas, or nearly double Chile's production of that fossil fuel over the past 70 years.
Two of the 46 Chileans arrested on Monday for vandalism against a Malvinas Fallen Monument in Argentina's second largest city, Rosario, were still waiting on Tuesday for the prosecutors' charges before going before a federal judge. During the first hearing, advised by a government supplied lawyer, the Chileans abstained from making any statement while demanding to be set free.
Employment in Magallanes Region, extreme south of Chile remains strong according to the latest data released by the Chilean stats office, INE, which covers the fourth quarter of 2015 (October/December). While the national unemployment average stands at 5.8%, Magallanes figures with 2.6 percentage points below.
The government of Chile will be selling energy-short Argentina 5.5 million cubic feet of natural gas a day starting in May, providing also 200 MW of electricity through the interconnection system between both countries. Chile also committed to invest 200 million dollars in the Incremental Project of the Magallanes Area to boost hydrocarbon production.
A Chilean court Friday brought formal tax fraud charges against the daughter in law of President Michelle Bachelet in a scandal the leftist leader tearfully admitted was a painful ordeal. The case first came to light a year ago and has shocked the public in Chile, which is ranked by Transparency International as one of the least corrupt countries in Latin America.
An indication of interest has been forthcoming from Chile's flag carrier LAN in relation to bringing in a larger aircraft to cope with the volume of passengers and freight to the Falkland Islands.
The Chilean Army is involved in anti personnel-mine sweeping operations in the Magallanes region, north of Punta Arenas, as part of the country's commitment to have the region free of all mines by 2020 thus complying with the Ottawa convention.
Sir Mark Walport, the British Government Chief Scientific Adviser and Head of Science and Engineering Profession, arrived in Chile on 21 January. He has been invited by the Chilean Senate to participate in the Futures Congress, in which national and international scientists, analysts and thinkers, analyze the most significant issues, challenges and achievements in the world of science.
The widow of American conservationist Doug Tompkins, who died last month while kayaking in South America's Patagonia region, says she'll build on her husband's legacy of protecting threatened ecosystems in Argentina and Chile.
British Ambassador Fiona Clouder and United States Ambassador Michael Hammer participated in the event “Sustainable Investment” last week organized by the Corporate Leaders Group on climate change (CLG Chile) in conjunction with the Faculty of Business and Economics from the University of Chile and the Harvard Law School.