Colombian gas prices rise
The price of gasoline in Colombia increased by $0.056 per gallon Monday after authorization for the rise was granted by the Ministry of Mining and Energy Friday. A gallon of…
The price of gasoline in Colombia increased by $0.056 per gallon Monday after authorization for the rise was granted by the Ministry of Mining and Energy Friday. A gallon of…
Five workers of U.S. oil company Occidental Petroleum Corporation have been kidnapped in the east of Colombia, the company said Saturday. According to the company, the kidnapping took place Friday…
Ecopetrol, Colombia’s largest oil, company announced Tuesday that it will sell 675.6 million shares to raise $1.4 billion. The company said that bundles of stock will be offered starting at…
Oil company Petrominerales announced Monday that it is preparing to make 103.7 million shares available on the Colombian stock exchange this August. The Canadian company said that it will drill…
Colombia state oil firm Ecopetrol said on Friday it will offer nearly $1.4 billion, or 1.67 percent of its current capital, in a share sale starting July 27. The company…
The profits of Colombian oil company Ecopetrol increased 74% this year over the same period a year ago due to rising oil prices. Ecopetrol, Colombia’s largest oil company reported $3.8…
Canadian oil company Pacific Rubiales agreed on a renewed labor deal with workers, ending a strike that reportedly mobilized ten thousand protestors. The agreement was reached after six hours of…
Ecopetrol will probably issue new shares worth between 2 trillion and 3 trillion pesos ($1.14 billion to $1.71 billion), the Colombia state oil company’s president told a local financial daily.…
The Colombian peso reached its highest level since July 2008 on Friday. The peso reached COP1,748.89 per U.S. dollar, a 9.6% increase since March 1. An analyst at the Banco…