Colombia’s peso surges, posing new challenge for govt
Colombia’s economic authorities are set to face a renewed spate of political pressure to curb a surging peso as booming foreign investment mixed with the global weakness of the dollar…
Colombia’s economic authorities are set to face a renewed spate of political pressure to curb a surging peso as booming foreign investment mixed with the global weakness of the dollar…
Ecopetrol, Colombia’s state-owned oil company, continues to deal with the effects of the rainy season, as landslides and floods from frequent rains caused ruptures in a major gas line, newspaper…
The president of majority state-owned Ecopetrol said that the board of directors of the petroleum company are studying the process of increasing capital by 9.9%, Caracol Radio reported Friday. Ecopetrol President…
Despite some roadblocks in Colombia’s plan to sell a portion of state-controlled oil company Ecopetrol SA to help pay for recovery from torrential rains and floods, the country’s finance minister…
State-run petroleum company Ecopetrol has announced a new oil discovery in the Colombian department of Meta, according to a press release published Tuesday. The exploration oil well Mito-1, part of…
The two oil fields of Castilla and Chichimene in the department of Meta operated by state-run petroleum company Ecopetrol reached record production of 154,576 barrels of crude oil a day,…
Colombia’s state-controlled energy company Ecopetrol SA reported robust first quarter net profits Wednesday that far surpassed market expectations, fueled by higher oil prices and rising production. Net profits last quarter…
Colombia’s second-longest oil pipeline, the Cano Limon, resumed pumping Wednesday following a bomb attack over the weekend, said an official at state-controlled Ecopetrol SA (ECOPETROL.BO). Rebels from the Revolutionary Armed…
The National Hydrocarbons Agency (ANH) has reported that Colombia’s monthly oil output rose to a record-breaking 903,000 barrels per day (bpd) in April 2011, a 16% increase from the same…