Stock of Colombia’s national airline Avianca has sold off by more than 25% this year as a rift between the company’s two largest shareholders has become an all-out legal dogfight. Salvadoran…
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Colombia state-run oil company Ecopetrol said that it has found the country’s largest natural gas deposit in history just off the Caribbean coast. Ecopetrol and US energy company Anadarko allegedly…
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Foreign direct investment (FDI) in Colombia increased 15.8% in 2016, almost entirely because of the $2 billion sale of energy company Isagen to Canadian asset manager Brookfield. Total FDI went from…
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Spanish energy multinational Gas Natural said Wednesday it would seek more than $1 billion in damages after Colombia liquidated one of its companies. Colombia’s public service regulator liquidated Gas Natural’s…
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Colombia has lost 893,000 barrels of oil production, more than a day’s worth of total national output, this year due to rebel attacks on the Caño Limon-Covenas pipeline, state oil…
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Colombia needs to replace at least 90,000 hectares of coffee trees, some 10 percent of its crop, annually to keep production above 14 million 60-kg sacks per year, the head…
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Colombia’s state-controlled oil producer Ecopetrol on Monday reported net income of $525.6 million (COP1.56 trillion) for 2016, as it cut costs amid still-low global prices for crude oil. The company…
While President Juan Manuel Santos praised a drop in Colombia’s GINI coefficient, the country’s statistics agency on Wednesday released statistics showing that poverty in 2016 went up for the first time…
Colombia’s government regulator said on Tuesday it had ordered the liquidation of Electricaribe, an affiliate of Spain’s Gas Natural, but the company had asked Colombia to find a way to…
Colombia’s unemployment rate rose 0.3% to 9.2% in 2016, the first increase since 2009, according to figures released on Tuesday by government statistics agency DANE. Between 2009 and 2015 the…