Ecopetrol discovers oil in central Colombia
Ecopetrol announced Tuesday it has discovered oil in Colombia’s central department of Meta. The state-owned oil firm’s press release states that the well is just over a kilometer in depth and…
Ecopetrol announced Tuesday it has discovered oil in Colombia’s central department of Meta. The state-owned oil firm’s press release states that the well is just over a kilometer in depth and…
Colombia’s government on Wednesday authorized state oil firm Ecopetrol to issue bonds of up to 1 trillion pesos ($543 million) in the local market to fund its 2010 investment plan.…
Colombian state-controlled oil company Ecopetrol SA booked a net profit of 1.7 trillion Colombian pesos ($923.6 million) in the third quarter, 42.7% more than in the same period of 2009,…
Colombia’s oil production rose to its highest level in a decade in September with output of 798,000 barrels per day (bpd) up 17.4 percent from a year ago, the National…
State-owned oil company Ecopetrol has agreed with Colombia’s finance minister to pay the dividend it owes the state abroad and in dollars, to avoid putting more pressure on the peso,…
Colombian stocks continued to rally Wednesday, with the country’s benchmark index striking a fourth consecutive record high as inflows of investments from abroad keep boosting local shares. The IGBC index…
Colombia’s state oil company Ecopetrol could boost its oil and natural gas output 5 percent by the end of the year, Chief Executive Javier Gutierrez said on Monday. Ecopetrol wants…
The Colombian government revised the results of a June auction of rights to seek oil and gas and reduced the number of areas allocated to oil companies to 78 from…
The Colombian IGBC stock index Thursday fell as investors took advantage of recent price increases to sell and pocket gains. The IGBC benchmark index fell 0.3% to 14374.50 points. The…