Planned investment in Colombian oil exploration exceeded $2.6 million with 55 oil contracts signed so far this year, according to newspaper El Espectador. Mines and energy minister Federico Renjifo said…
Colombia’s oil production rose 0.9% in October compared to the same month last year, bringing the country ever so closer to 1 million barrels a day. The total currently stands…
The Brazilian bank Itau Unibanco, the largest bank in the southern hemisphere, will open branches in Colombia, lcoal media reported on Monday. The bank, currently the tenth largest bank in…
Colombia has auctioned off 115 oil blocks in the “Ronda Colombia 2012,” reported newspaper El Espectador on Thursday. Colombia’s minister for mining and energy Federico Renjifo said during the Colombian…
Oil production in Colombia increased by nearly 7% in September compared to the same month last year, said the country’s energy minister Tuesday. Minister Federico Renjifo revealed that production reached…
Colombia’s fiscal watchdog accused Ecopetrol of making risky investments in tax havens, reported local media Thursday. Ecopetrol, one of Colombia’s most prominent state-owned energy corporations, has reportedly been making risky…
Colombia’s second largest rebel group ELN on Tuesday vowed to continue attacks on multinational oil and mining corporations until the government has created conditions for peace talks. While reaffirming the…
Guerrilla attacks on Ecopetrol’s southern pipeline more than tripled this year causing the company to reduce its production targets, reported Bloomberg news on Thursday. The state-run company which was the…
The president and vice president of Colombia’s state-run oil company Ecopetrol are being investigated for embezzlement, reported La W Radio Thursday. Ecopetrol President Javier Gutierrez and Vice President Pedro Alfonso Rosales…