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Shell completes acquisition of Repsol S.A. LNG portfolio

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The company’s already diverse and flexible portfolio will be boosted with LNG supply in the Atlantic from Trinidad & Tobago, and in the Pacific from Peru. billion is a non-cash item relating to finance ship leases. Peru LNG 4.45 mtpa capacity, on a 100% basis (acquisition: 20% equity: 100% offtake); operated by Peru LNG Company.

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Omnitek Enters Peruvian Market with $4.5M CNG Conversion Contract

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Omnitek Engineering Corporation is entering the market in Peru with an exclusive distribution agreement and a $4.5 as the company’s exclusive agent in Peru. The conversion project, which is expected to commence in April and be completed over a two-year period, is being financed by the natural gas supplier GNC Energia Peru S.A.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. This, along with the increase in the IPI (an industry tax) in early January, higher financing rates and weak job generation should translate into sales in Brazil of 3.25 million units.

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