Colombian bill seeks hike in oil, mine royalties
Two Colombian senators want to hike royalties paid by foreign oil and mining firms with a bill that would put Colombia alongside countries like Venezuela and Australia in seeking a…
Two Colombian senators want to hike royalties paid by foreign oil and mining firms with a bill that would put Colombia alongside countries like Venezuela and Australia in seeking a…
Colombia’s peso bonds fell, pushing yields to a four-month high, on speculation heavier-than-normal rains will fuel an inflation pick-up by damaging crops and driving up food prices. The bonds also…
The following companies had unusual price changes in Bogota trading. Stock symbols are in parentheses and prices are as of 1:15 p.m. New York time. The IGBC Index decreased 1.5…
Colombia’s central bank held its benchmark interest rate for a seventh straight month at its monetary policy meeting Friday, citing low inflationary readings and a strong economic outlook. The central…
Ecopetrol SA, Colombia’s state-controlled oil producer, plans to sell shares next year to finance 2011 investments, Chief Executive Officer Javier Gutierrez told radio broadcaster Caracol Thursday. The company’s board is…
Defender Luis Nunez scored a 73rd minute equalizer to give Colombia a 1-1 draw with Peru in a friendly Wednesday. Luis Ramirez gave Peru the lead in the 32nd minute.…
Colombian stocks bounced back Wednesday, posting gains for the first session in seven days as investors saw buying opportunities following steep declines in some of the country’s key shares. The…
Canacol Energy Ltd., an oil firm listed in Toronto and Bogota, aims to increase its output to 35,000 barrels of crude oil per day by 2015, the company’s chief executive…
Colombia’s peso fell to a four-month low as concern Ireland may need to tap international bailout funds hurt appetite for higher-yielding emerging-market assets. The peso slid 0.9 percent to 1,883.30…