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Ecopetrol-KNOC JV To Complete Peru Gas Project This Year -Bloomberg

DOW JONES NEWSWIRES A joint venture between Colombia's Ecopetrol SA (EC) and Korea National Oil Corp. is scheduled to complete this year a $55 million natural-gas project in Peru, Bloomberg News reported Friday, citing Savia Peru's vice president. The project, to supply north coastal industries such as Vale SA's (VALE) Bayovar phosphate mine through a 25 kilometer pipeline, is awaiting environmental approval from Peruvian lawmakers, Nelson Castaneda told Bloomberg in an interview. "With 1 trillion cubic feet found so far, this could supply a fertilizer industry, generate electricity and supply cars and homes," Castaneda said, adding that the project has attracted 15 potential buyers to its output. Full story at http://www.bloomberg.com/news/2012-05-25/ecopetrol-s-peruvian-unit-to-complete-natural-gas-project.html -Dow Jones Newswires; 212-416-2900

Stock News for Companhia Vale Do Rio Doce (VALE)
DateTimeHeadline
02/26/201518:18:13ADR Shares End Mixed; Reed Elsevier Trades Actively
02/26/201515:17:30Vale Posts Loss as Iron-Ore Prices Dive -- 2nd Update
02/26/201508:27:52Vale Posts Loss as Iron-Ore Prices Dive -- Update
02/26/201506:53:44Correction to Vale Posts Loss as Iron-Ore Prices Dive
02/26/201505:28:29Vale Posts Loss as Iron-Ore Prices Dive
02/19/201518:22:50ADR Shares End Mixed; Vale Shares Fall
02/19/201510:05:05Correction to Brazil's Vale Article
02/19/201507:56:22Brazil's Vale Iron-Ore Output Rises 2.1% in 4th Quarter

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