Business - Companies | 2016-01-06Iberconsa to invest in new Argentina shrimp vessels, Namibia value-added hake outputSpanish vertically integrated seafood company Iberica de Congelados (Iberconsa) will invest up to €27 million in its Argentinian and Namibian operations, the company's CEO told Undercurrent News.Following its private equity Portobello Capital majority stake acquisition in Iberconsa, the seafood company will carry out a “strong investment plan” to boost Argentina shrimp output Read more [...]

Termas de Río Hondo, Argentina : Sebastien Loeb extended his Dakar Rally lead by claiming a second consecutive stage win on the run from Termas de Rio Hondo to Jujuy yesterday. The stage was again shortened due to heavy rain, with the timed section beginning after what should have been checkpoint one, reducing it from 195 miles to 120, and the truck section abandoned when part of the course collapsed. Loeb repeated his Monday feat of setting the pace through every timing split, Read more [...]

"The UK has no doubt about its sovereignty over the Falkland Islands".In 1982, the Argentinean military junta deployed troops to take over the islands by force, sparking a two-month war between Argentina and the UK.The new government of Argentina is not backing down."Today, 183 years after that illegitimate occupation which still continues, the people and the Argentine government once again reaffirm the inalienable sovereign rights of Argentina over the Falkland Islands, South Georgia, South Sandwich Read more [...]

 Global shale was quickly thrust into the limelight when North America first discovered and began to develop its initial shale prospects during the early years of the shale revolution. It didn’t take long for other regions to take note.In 2013 the Energy Information Administration ranked Argentina as the second largest shale gas reserve in the world, with onshore shale gas reserves estimated at 22.7 Tcm (802 Tcf). Argentina also was ranked the world’s fourth largest resource Read more [...]