The Colombian IGBC stock index rose Wednesday, led by shares of state-controlled oil company Ecopetrol SA, which announced the discovery of a gas deposit in northeastern Colombia. The IGBC benchmark…
Colombia’s state-controlled oil company, Ecopetrol SA, found gas in a well drilled in the north-eastern province of Norte de Santander, the company said Wednesday. The exploration well called Oripaya 1…
Ecopetrol SA, Colombia’s state- controlled oil company, rose for the third time this week after Colombia’s energy minister said the company may study whether to explore and produce crude with…
Colombia’s state-run Ecopetrol oil company said on Wednesday that it planned to invest $4.2 billion in building a new oil pipeline and upgrading infrastructure at Coveñas port. Colombia, Latin America’s…
Colombia’s crude-oil output in July rose 19.6% to an average of 786,000 barrels a day from 661,000 barrels a day a year earlier, the government’s oil-licensing agency, known as ANH,…
The Colombian government plans to spend $6 billion in the coming years on the improvement of the country’s oil pipelines, Mining Minister Carlos Rodado said Friday. According to the minister,…
The Colombian IGBC stock index Tuesday rose, led by shares of state-controlled oil company Ecopetrol SA which announced it agreed to buy the assets of BP PLC in Colombia. The…
Ecopetrol’s shares rose to a new record after the announcement that the company will purchase BP PLC’s oil and exploration business in Colombia, marking the largest acquisition in the history…
BP PLC said Tuesday it has agreed to sell its Colombian oil and gas exploration and production business to Ecopetrol SA and Talisman Energy Inc. for $1.9 billion. BP is…