Tag: Magallanes

• Monday, January 29th 2018 - 11:11 UTC

  Punta Arenas moves into alternative energy and plans wind farm to supply 6.000 homes

  

  Magallanes Region in the extreme south of Chile is taking advantage of its weather conditions and will convert its wind gusts into energy. With some six million dollars from the National Fund for Regional Development and in coordination with Chilean government owned oil company Enap, a wind farm will be installed in Cabo Negro during the second half of the year.

• Thursday, February 11th 2016 - 05:22 UTC

  Magallanes enjoying an unexpected excellent cruise season

  

  Chile anticipates a 30% increase in cruise activity in the extreme south of the country, mainly Punta Arenas and Puerto Natales, announced Lorena Araya, head of Magallanes region National Tourism Service, Sernatur.

• Tuesday, February 2nd 2016 - 08:07 UTC

  Magallanes region with second lowest unemployment in Chile

  

  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.

• Wednesday, August 26th 2015 - 06:50 UTC

  Magallanes suffers abrupt drop in economic activity in second quarter

  

  Magallanes region in the extreme south of Chile suffered an abrupt and unexpected drop in economic activity during the second quarter of this year according to the latest release from the country's stats office, INE.

• Thursday, February 19th 2015 - 06:02 UTC

  GeoPark scales down operations in Magallanes because of falling oil prices

  

  Oil company GeoPark which operates in Magallanes, extreme south of Chile, reiterated its commitment and long term investment in the region but also announced the redundancy of 30 staff, first time in twelve years, because of a restructuring of the company to the new global oil industry scenario.

• Wednesday, January 18th 2012 - 02:47 UTC

  Chile’s ENAP plans to drill 15 hydrocarbons exploratory wells in Tierra del Fuego

  

  Chile’s government owned oil and gas company ENAP presented this week the environmental impact study for an exploratory drilling round in the Province of Tierra del Fuego which includes fifteen wells and will demand an investment of 30 million dollars.

• Saturday, November 19th 2011 - 06:09 UTC

  Argentina sponsors a free movement of peoples’ area in Magallanes and Tierra del Fuego

  

  Argentina announced its full support to make the tip of the South American continent ‘a free movement of peoples’ area’ that would include Chile’s Magallanes region in the extreme south of the country and Tierra del Fuego, shared by the neighbouring countries.

• Thursday, August 11th 2011 - 06:27 UTC

  Snow storms in Magallanes have left 300.000 sheep and 9.200 cattle at risk

  

  Almost 300.000 sheep and 9.200 cattle are exposed to serious life risk following heavy snow storms which covered the Magallanes Region in the extreme south of Chile with a white blanket anywhere between 70 and 150 centimetres thick.

• Monday, August 1st 2011 - 06:03 UTC

  Magallanes region exports total 148 million dollars in first quarter

  

  Exports from Magallanes region in the extreme south of Chile totalled 148 million dollars during the first quarter of the year which is 10.5% higher than a year ago (134 million dollars), according to Chile’s national Statistics Office.

• Wednesday, April 20th 2011 - 05:14 UTC

  Oil exploration in extreme south of Chile attracts 400 million USD in three years

  

  In the coming three years hydrocarbons exploration and exploitation in the extreme south of Chile will receive investment equivalent to over 400 million US dollars making Punta Arenas a hub for the regional oil industry.