Pacific Rubiales says discovers more oil on Quifa Block
Canadian oil and natural gas producer Pacific Rubiales Energy Corp said it discovered more oil on the Quifa Block, located in the Llanos Basin of Colombia. As a result, an…
Canadian oil and natural gas producer Pacific Rubiales Energy Corp said it discovered more oil on the Quifa Block, located in the Llanos Basin of Colombia. As a result, an…
Colombia’s holding company Colinversiones SA borrowed US$150 million from three development agencies to upgrade its gas-fired Termoflores power plant when the country is more dependent on thermal power because of…
Colombian mines and oil exploitation gets 85.6% of foreign investment in the country, while foreign money flees from other sectors of the economy. According to economic newspaper Portafolio, foreign investment…
NBC Universal’s Spanish-language network Telemundo SA bought a 40% stake in Colombian TV producing company RTI for an undisclosed amount, Don Browne, Telemundo’s president, said Tuesday. The company will produce…
Barranquilla is investing US$30 million to revamp its historic center and is seeking to promote foreign investment by making itself an attractive base for multinationals and industrial companies. The same…
The Colombian government plans to “gradually” sell as much as 10% of the stake it owns in the state-controlled oil company Ecopetrol SA to finance construction of new roads in…
323 homes were sold for US$24 million at a Colombian real estate fair in New Jersey on Saturday and Sunday, Colombian newspaper Portafolio reported Tuesday. The homes were sold at…
A Chinese multinational technology company has expressed interest in investing in Colombia following the Trade Minister’s visit last week. During his visit, Minister Luis Guillermo Plata’s delegation met with executives…
Canadian oil and gas producer Pacific Rubiales Energy Corp said operations started at its Oleoductos de Los Llanos pipeline (ODL) in Colombia, enabling the flow of crude from the Rubiales…