An emerging markets fund manager predicts that within ten years Colombia could be producing more oil than neighboring Venezuela, in an interview with CityWire. Francisco Alzuru, who runs the Hansberger…
Petrominerales Ltd. reports that its new oil well in Colombia has begun production, but output has been temporarily restricted by transportation problems over the holiday period. The company, which is…
U.S. company Gran Tierra Energy (GTE) allocated the majority of its 2010 budget to exploration and production of hydrocarbons to Colombia. In total it will invest US$129.3 million, 66.3% of…
Colombia’s oil production reached 725,000 barrels per day (bpd) in November, Mines and Energy Minister Hernan Martinez said Thursday. The government expects investment in its oil sector to exceed US$3.5…