Pacific Rubiales’ profits soar due to rise in Colombian production
Canadian oil company Pacific Rubiales Energy Corp’s quarterly profit soared, helped by a jump in production at its oil fields in Colombia and rising oil and natural gas prices. Net…
Canadian oil company Pacific Rubiales Energy Corp’s quarterly profit soared, helped by a jump in production at its oil fields in Colombia and rising oil and natural gas prices. Net…
The Colombian stock market experienced its worst drop since 2008, costing Colombia’s top 35 companies $10.8 billion. According to economic magazine Portafolio, the five day fall was due to wavering…
At the risk of sounding like a broken record, Colombia’s Colcap index was punished Monday, though not as bad as the US. The local index dropped 3.31%, about half of…
Colombian stocks suffered a sharp decline Monday, dragged lower by concerns over the strength of the global economy and a drop in crude prices that hurt some of the country’s…
Colombia vehicle sales in July climbed 27% from a year ago, according to data released Monday by industry group Comite Automotor. Vehicle sales for July at the wholesale level totaled…
A gas company plans to build a hydroelectric plant in southwest Colombia which will reduce CO2 emissions, newspaper El Espectador reported Monday. Fenosa Natural Gas has registered a hydroelectric plant as a…
The majority shareholder of Avianca-Taca foresees 12% growth in the Colombian airline industry and between 14% and 15% growth in that of Latin America. In an interview with financial publication…
Colombian utility companies with optimum national supply and ability to expand into foreign markets are examples to others in Latin America, stated an industry specialist, financial publication Portafolio reported Sunday.…
Colombian Finance Minister Juan Carlos Echeverry said on Monday he saw the peso weakening to the 1,800 level versus the dollar due to global risks. Like other emerging markets, Colombia…