The Secretariat of Energy has contracted an exploratory study to check Panamanian soil for natural oil and gas. The $476,000-study will have eight months to figure out where Panama’s resources lie and if they can be successfully commercially developed. It is believed that the most likely candidates for exploitation are the Atlantic Coast and...
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Archive for July 9th, 2010
Looking for Oil and Gas in Panama
Martinelli Off to World Cup Final
If all goes according to plan, President Ricardo Martinelli will travel to South Africa today to assist the World Cup final between Spain and the Netherlands. “I’m going to South Africa with my money, in my free time,” said the President who will be accompanied by his sons and other guests. He added that...
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Violent Protests Leave At Least One Dead in Bocas del Toro
At least one man is dead and more than 100 injured in the clash between striking banana plantation workers and anti-riot police in Bocas del Toro. The banana plantation workers began protesting last week against a new union restrictions packaged in the recently passed Law 30, also popularly known as the “9 in 1″...
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