Petrobras sells Peru unit to PetroChina/CNPC for $2.6 billion

(Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) has struck a deal to sell its Peruvian oil and gas assets to PetroChina (0857.HK), China's top oil and gas firm, and its parent China National Petroleum Corp (CNPC) for $2.6 billion.

Insight: The big money bails on Argentina - again

BUENOS AIRES (Reuters) - More than a decade after Argentina's epic financial collapse of 2001-02, many investors are rushing for the door once again.

Brazil Regulators OK Sinochem Purchase of 10% Stake in Offshore Blocks

Brazil's National Petroleum Agency, or ANP, approved Chinese oil company Sinochem's purchase of a 10% stake in five offshore blocks as the state-run company continues its expansion into Latin America's hottest oil frontier.

China Steps Up Push Into Latin America

SHANGHAI—Chinese companies are looking to increase their investments in Latin America and expand beyond their focus on mining and resources—a development that experts say could be needed if China wants to avoid tensions in the region.

Brazil in trade pact with China, sees aviation gains

RIO DE JANEIRO (Reuters) - Brazil and China on Thursday signed a handful of trade agreements aimed at boosting investment and trade flows for the coming decade, at a time when economic growth in both emerging market powerhouses is losing momentum abruptly.

Latin America’s blind love with China may be over

After a decade of record Latin American exports to China, which helped the region grow significantly despite the recent global recession, there are signs that the honeymoon may be coming to an end.

Growing numbers or Latin American business leaders and trade experts are complaining that China is buying almost exclusively raw materials from the region, while refusing to purchase more sophisticated — and expensive — Latin American goods, thus preventing the region from having more diversified economies.

China's Xi wants greater trade with Latin America

SANTIAGO, June 10 (Reuters) - Chinese Vice President Xi Jinping promised on Friday to press Chinese firms to step up investment in Latin America, as the world's No. 2 economy seeks to boost economic ties with the commodity-rich region.

Wrapping up a low-key Latin American tour that also took in Cuba and Uruguay, Xi said he wanted to increase trade volumes with Latin America, a major source of raw materials like copper.