Unless major investments are made, Colombia will run out of oil within six years, warned the president of Colombia’s oil industry association ACP. On Wednesday, association leader Francisco Lloreda said the country will…
Colombia’s President Juan Manuel Santos has emphasized the contribution of mining and oil to the Colombian economy in a speech on the country’s Caribbean coast.
Colombia’s national government said Thursday that its economy had grown 4.3% in 2013.
India is now Colombia’s second largest export destination, after an oil-led boom saw January’s export figures quadruple as compared to last year’s total, according to Colombian statistics authorities (DANE).
Colombia’s oil exports were worth $10.27 billion in 2009, up from $6.33 billion in 2006, according to a government report released Monday. The Ministry of Mines and Energy said that…
Colombia’s state-owned oil company Ecopetrol announced Friday the discovery of new oil reserves in Huila department, western Colombia. Drilling began in October at the Tempranillo North-1 well, in the township…