The president of Colombia’s state-controlled energy company Ecopetrol announced Thursday that 109 attacks were carried out against the oil sector in 2012, preventing the production 9,559 barrels of crude. Speaking at…
Rebels from Colombia’s second largest rebel group, ELN, blew up a section of an oil pipeline and killed a policeman in the northeastern Arauca department, local media reported Thursday. According…
Colombia’s rapid rate of oil production led to an extremely lucrative 2012, but the country’s oil reserves can reportedly only sustain this pace for eight more years. In 2012,…
The 2012 net income of Colombia’s state-run oil company Ecopetrol fell 4.4% compared with 2011 due to slightly lower oil prices and higher costs, and in spite of increased production.…
Protesters blocking roads and oil infrastructure in eastern Colombia have said that they will continue until they get the President Juan Manuel Santos’ signature on an agreement for better regulation…
Colombia’s state-controlled oil and gas giant Ecopetrol this week eclipsed Brazil’s Petrobras on the New York Stock Exchange. Ecopetrol’s market capitalization increased to $129.95 billion on the NYSE, overtaking Petrobras,…
An oil pipeline in northern Colombia was bombed Tuesday for the second time in a week, reported local media. Oil has spilled into local rivers after attacks on the Caño-Limon-Coveñas…
One of Colombia’s largest petroleum companies, the state-owned Ecopetrol, will invest $9.5 billion in attempts to dramatically increase oil production in 2013, local media reported Wednesday. According to local media,…
Colombia’s state-owned energy company Ecopetrol reported Monday a 22% fall in profits during the third quarter of 2012. In a statement released Monday, the national oil company claimed its third…