Posts Tagged ‘argentina’

Argentina Hits Crisis Mode as Peso Declines Over 12 Percent, Potential Default

by Christopher Lemieuxon January 24, 2014 5:02 am BST
Argentina hit crisis mode as the peso is seeing the largest devaluation since the 2002 economic collapse, falling over 12 percent in the last two days. The Central Bank of Argentina has been selling US dollars in the open market since the collapse and leaving the one-for-one dollar peg. Unfortunately, the central bank doesn’t have […]

Chevron accuses critic of ethics violation

by on November 20, 2012 7:26 pm BST
Chevron has filed a complaint with a government ethics regulator accusing DiNapoli and members of his staff of “multiple violations” of state law and demanding an investigation.The New York State Joint Commission on Public Ethics administers the New York Public Officers Law, which, among other things, makes it illegal

Repsol hopeful of compensation for YPF

by on November 19, 2012 1:58 am BST
Argentinean President Cristina Fernandez seized control of YPF in April, accusing Repsol of investing too little and making the Latin American country overly reliant on expensive imports."I still believe and hope that we can reach an agreement over YPF," Repsol Chairman Antonio Brufau said in an interview with

Hess gets Malay basin tender process moving

by on November 15, 2012 1:36 am BST
Hess gets Malay basin tender process moving - Hess gets Malay basin tender process moving Parading new tenders: Hess has begun the tender process for the first of three contracts for developments off Malaysia REUTERS/SCANPIX Share story Josh Lewis 15 November 2012 01:36 GMT US independent Hess has begun the tender