Monthly Archives: December 2011

Please give money to Wikipedia, people

Wikipedia’s funding mechanism used to be simple: If you approach Light City by air—and there is no other way of approaching it, no roads, no port facilities—if you don’t fly they don’t want to see you in Light City—you will … Continue reading

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Odd commodities and your thank-you present: Butterflies

Talking about Colombia has this sweet, odd commodities story. Alas de Colombia is a Cali-based butterfly exporter that employs 25 disadvantaged women in a region once terrorized by paramilitaries. The women, often single mothers, nurture the butterflies to chrysalis stage … Continue reading

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Petroperu to join Ecopetrol, Petrobras with share sale

I guess this is sort of old news, but there’s a new tidbit here. Peruvian state oil refining company Petroperu has obtained central government approval to list up to 20% of its shares on the Lima Stock Exchange, the company … Continue reading

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Venezuela changes tune, to pay up for natural gas

The big news last week in Venezuela oil and gas was that Repsol and Eni will spend $1.5 billion to develop the ginormous offshore Perla gas field, which they discovered two years ago. The field alone, with about 8 trillion … Continue reading

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Chile: Electricity rationing in the copper zone

This would seem to add a bit to the development risk on new mining projects. The lack of fossil fuels and the grave drough that the Andean country is suffering are responsible for why the Chilean government would have decided … Continue reading

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Ecopetrol pipeline explosion kills 11, injures 99

Big explosion in a gasoline & diesel pipeling in Colombia yesterday. Here’s Reuters: A huge explosion at a gasoline and diesel pipeline in Colombia killed 11 people, injured at least 70, and destroyed dozens of homes on Friday, in an … Continue reading

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Lungs of the Earth on Brazil’s hoky oil crackdown

Lungs of the Earth extends its eternal vigilance to Brazil’s $11 billion crackdown on Chevron. …Chevron didn’t do itself any favors in this case. It took more than a week to accept responsibility for the incident, initially describing the spill … Continue reading

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Chart: Mcdonald’s in South America

Mcdonald’s outlets per capita in South America. Number of outlets from here. Population from here. Those curious about Bolivia’s outlier status might click this. Those curious about Venezuela’s outlier status should talk to this guy. And as for Peru, start … Continue reading

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PDVSA Pension Ponzi: Guillen sentenced

Since I am traveling, we shall let the US Attorney for Connecticut do the talking. I will be back on line (with a keyboard I understand how to use) one of these days, I promise. VENEZUELAN ACCOUNTANT SENTENCED TO 14 … Continue reading

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Humala’s turn to “tighten grip”: Look out Mao!

Reuters: Peru’s Humala tightens grip in Cabinet overhaul Now, where I have I heard this headline before? Hey, Google News now offers suggestions from the archive. Such as this, which would seem a more appropriate example of a “grip” being … Continue reading

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