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Pacific Rubiales Enters Onshore Block

Jul 25, 2012

Pacific Rubiales has agreed to acquire 40% of the onshore Portofino exploration block in Colombia from Petromont, and co-operator status...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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