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//mexico
LNG Floating Storage Unit (CNW Group/Pacific Rubiales Energy Corp.)
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Pacific Exploration & Production Gets An Extension To Looming Minimum Liquidity Deadline

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the company and its lenders have agreed to extend the Liquidity Deadline to February 4, 2016, “or such later date as the company and its lenders shall agree.” This comes after the oil company...
Posted On January 21, 2016
, By Loren Moss
Mayors Challenge - Bloomberg
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Call For Entries: Bloomberg Philanthropies Offers $9 Million To Latin American, Caribbean Cities For Innovative Ideas

Michael R. Bloomberg today launched Bloomberg Philanthropies’ 2016 Mayors Challenge, a competition to inspire Latin American and Caribbean cities to develop bold new ideas that solve major problems and improve city life – and that ultimately can be shared with other cities. The...
Posted On January 20, 2016
, By Loren Moss
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Pacific Exploration & Production To Miss Interest Payments Due Tomorrow (January 19)

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced on Thursday that it has elected to utilize the 30 day grace period pursuant to the indentures governing its 5.625% notes due January 19, 2025, and its 5.375% notes due...
Posted On January 18, 2016
, By Loren Moss
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Exclusive Interview: How Colombia Made The Biggest Jump, 23 Spots, on A.T. Kearney’s 2016 Global Services Location Index

Last Sunday, global management consulting firm A.T. Kearney released its 2016 Global Services Location Index (GSLI), an annual report researched by the firm that analyzes and ranks the top 55 countries for outsourcing worldwide based on metrics in three categories: financial...
Posted On January 12, 2016
, By Loren Moss
Photo of an example mine courtesy 24ox24 and Pixabay.
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Mark Moseley Williams Named CEO of Eco Oro, Jean Sebastien Blanchette Leaves Board

Eco Oro Minerals Corp. (TSX:EOM) announced yesterday that Mark Moseley-Williams has been promoted to president and chief executive officer of the company, retaining the title of president. Moseley-Williams previously served as Eco Oro’s president and chief operating...
Posted On January 6, 2016
, By Loren Moss
Frontera Energy Oil and Gas (Photo credit: generatorpowerproducts / Pixabay)
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Banks Grant Pacific Exploration & Production Temporary Covenant Relief, Fitch Downgrades Credit

Last week, Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced that it has obtained an extension of the waivers previously granted by its lenders in respect of the Net Worth Covenant that requires the company to...
Posted On January 4, 2016
, By Loren Moss
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Colombia’s Minimum Wage For 2016 Set At $689,455 Pesos ($217 USD) Per Month. Congress To Get $8,426 USD Per Month

Yesterday, President Juan Manuel Santos, along with Finance Minister Mauricio Cardenas and Labor Minister Luis Eduardo Garzón, signed into law Decreto (Decree) 2552 of 2015, setting the Colombian monthly minimum wage at $689,455 pesos. This power was given to the executive branch...
Posted On December 31, 2015
, By Loren Moss
gavel courtesy of openroadpr pixabay
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Law Firm Mergers: Dentons Signals Intent To Combine With Colombia’s Cardenas & Cardenas

The global law firm Dentons has announced that it will be establishing its first physical presence in Latin America and the Caribbean, with its intent to combine with Colombia’s Cárdenas & Cárdenas, and Mexico’s López Velarde, Heftye y Soria (LVHS). The announcement follows...
Posted On December 21, 2015
, By Loren Moss
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ACE Limited Announces New Chubb Group LatAm Insurance Leadership Team

ACE Limited announced the leadership team it intends to appoint for the Latin America region of the new Chubb Group’s Overseas General Insurance division, which includes Argentina, Brasil, Chile, Colombia, Ecuador, México, Panamá, Peru, Puerto Rico, Central America and the...
Posted On December 21, 2015
, By Loren Moss
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Texas Based Christus Health To Take Stake In Grupo Coomeva Health Units

Yesterday, Dallas, Texas based Christus Health announced the signing of an agreement with Cali based Grupo Empresarial Coomeva Cooperativa Medica (Coomeva) in Colombia that will lead to definitive agreements in early 2016. Discussions began two years ago between Christus Health,...
Posted On December 17, 2015
, By Loren Moss
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