Repsol pushes for a convincing compensation amount to expropriate its holding in YPF

Repsol Chairman Antonio Brufau insisted on Tuesday that the government of Argentina should offer a compensation package that will convince the Spanish oil firm to settle the expropriation of its stake in energy firm YPF.

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Hochschild to issue $350M in bonds to fund expansion in Peru, Chile

London-listed Hochschild Mining Plc plans a USD350 million bond issue to finance its expansion projects in Peru and Chile. It intends to invest USD372 million in a silver mine project in Peru and USD1 billion in a gold project in Chile.

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Repsol to give recommendation to YPF deal for less than half of its value - sources

On Wednesday, sources disclosed that the board of directors of Spanish oil major Repsol will resolve to agree on compensation for its 51% ownership stake in YPF, of which the latter will be nationalized by the government of Argentina.

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Argentina urges hold order on payment judgement to debt holders

In a filing with the US Supreme Court, Argentina seek stay of payment order issued by lower court.

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Argentina set to offer portion of Vaca Muerta oil field for bidding

The Vaca Muerta oil field is set to be offered for bids by the regional authority of Patagonia, Argentina.

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Argentina loses appeal in a US court

Argentina lost an appeal in a 2nd district circuit court in New York and deemed to wait until the US Supreme Court had finished reviewing their case.

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IMF abandons plan to seek out Supreme Court for Argentina legal battle

The International Monetary Fund forgoes Managing Director Lagarde's recommendation due to lack of United States support.

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Politics may impact on Chevron’s US $1.24 bln energy deal with Argentina

The US $1.24 billion between Chevron Corp. and Argentina government's YPF may be turning point in the country's protectionist policy but it comes with an underlying political danger.

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7 Countries where Windows Phone outsell iPhone

According to IDC, there were seven countries where Windows Phone outsold the iPhone.

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Chevron signs US$1.24 billion deal with Argentina's YPF

Chevron announced the signing of an investment agreement with Argentina's YPF.

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Evita bank notes are legal tender, says Argentine central bank

According to the Argentine central bank, the Evita bank notes are legal tender.

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Argentina's Elsztain backs out of IDB investment

Investor Eduardo Elsztain withdraws his support for IDB Holding.

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Repsol Rejects YPF US$5 Billion Offer

On Wednesday, Repsol’s board of directors announced that it has rejected a noncash offer from YPF valued at US$5 billion.

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