Ecopetrol says 2011 net profit up 85%
Colombia’s state oil company Ecopetrol said on Wednesday that 2011 net profit rose 85% to 15.44 trillion pesos ($8.65 billion) compared with the previous year. Colombia is still fighting Latin…
Colombia’s state oil company Ecopetrol said on Wednesday that 2011 net profit rose 85% to 15.44 trillion pesos ($8.65 billion) compared with the previous year. Colombia is still fighting Latin…
Canadian oil and gas company Canacol Energy Ltd. increased its stake in two exploration and production contracts in Colombia. The Calgary-based firm said Tuesday that it’s subsidiary Carrao Energy Sucursal…
Colombia’s 2011 exports exceeded a value of $50 billion, reported the government in their annual financial report Monday. In a joint report the National Tax and Customs Direction and the…
French oil major Total SA said Wednesday it has agreed to sell assets in Colombia to Chinese state-run oil company Sinochem International Corp. for an undisclosed amount as part of…
Two oil trucks have been destroyed and three more damaged by bombs allegedly planted by Colombia’s largest rebel group FARC, reported Radio Caracol Monday. The incidents occurred on Monday afternoon…
Colombian January crude oil production shows a 12% increase on the previous year, reported local media. Despite a number of electrical, operational, and transportation issues in oil fields throughout Colombia,…
Rebel group FARC burns eight vehicles in the Catatumbo region in northern Colombia, reported local media Thursday. According to preliminary reports, FARC fighters scared drivers from four flat bed trucks and…
PetroNova Inc said it has found oil at a well in Colombia’s Llanos basin and it plans to drill two more in the block, sending its shares up as much…
Colombia national oil company Ecopetrol said Tuesday its proven net reserves at the end of last year were 1.86 billion barrels of oil equivalent, an 8.3% increase from a year…