An embezzlement scandal at Colombia’s main oil refinery, Reficar, has become Colombia’s biggest corruption scandal ever, with $4 billion missing and a $16 million prostitute bill.
The chief of Colombia’s state-run oil company was forced to make a public apology after insulting a university professor by claiming the scholar was below “my own level.”
Crude oil production in Colombia came in at an average of 916,000 barrels per day in March, down 4% from the previous month’s total of 955,000 bpd, the Mines and…
Colombia President Juan Manuel Santos said Thursday he had suspended the environmental license that allowed a US oil company’s subsidiary to explore fracking possibilities near one of the country’s most precious ecosystems.
Locals and Colombia tourism operators are furious after finding out the subsidiary of a US oil company is allowed to explore fracking possibilities near the springs of the Caño Cristales river, one…
Two rebel bomb attacks have halted pumping operations along Colombia’s second most important oil pipeline, the Caño-Limon Coveñas, state oil company Ecopetrol said on Monday.
Colombia’s state-run oil company Ecopetrol lost $1.2 billion in 2015 mainly because of dropping global oil prices, the company said Monday.
Colombia’s finance minister said Wednesday that a series of errors caused a project to expand and modernize the Refinery of Cartagena, or Reficar, to run $4 billion over the budgeted…
Colombia’s National Hydrocarbons Agency, or ANH, has canceled three exploration and production contracts that had been awarded in 2012 to Anglo-Australian consortium Optima-Range, which also must pay $54 million.