Bombed pipeline in Colombia to remain inactive several days
An oil pipeline in southern Colombia remained inactive after being bombed Tuesday by suspected rebels, and will likely remain paralyzed for at least four to five days, an official at…
An oil pipeline in southern Colombia remained inactive after being bombed Tuesday by suspected rebels, and will likely remain paralyzed for at least four to five days, an official at…
Carlos Slim, the world’s richest man according to Forbes, said Wednesday he wants to boost his investments in Colombia’s oil industry. According to Slim, his increase in investment is due…
A 48,000-barrels-per-day capacity Colombian oil pipeline was still not operating on Wednesday since workers had not reached the remote site where suspected rebels detonated bombs, a source at Ecopetrol said.…
Colombia’s benchmark index rose Tuesday, bucking a trend of five consecutive sessions of declines, fueled by gains in oil stocks. The IGBC index, which includes Colombia’s blue-chip companies, climbed 0.91%…
Fresh attacks on a Trans-Andean oil pipeline have occurred in the southwest Colombian department of Nariño, RCN Radio reported Monday. Authorities are yet to confirm who is responsible for the…
Ecopetrol, Colombia’s state oil and gas company, announced Monday an oil discovery in Colombia’s southwest Putumayo department. The Tinkhana-1 well began drilling operations on November 17, 2010, reaching a depth…
The mayor and former mayor of Neiva, a town in the south-west Colombian Huila department, are under investigation for allegedly embezzling more than $1 million in oil royalties, Noticias Uno reported…
Colombia’s state-run oil firm Ecopetrol and Canadian oil company Talisman Energy Inc. completed their planned purchase of the Colombian assets of BP PLC for $1.75 billion. Ecopetrol will have a…
Canacol Energy Ltd. continues testing in the Rancho Hermoso oil fields in eastern Colombia, with positive results and high expectations for 2011, reported newspaper Dinero Tuesday. “The results of drilling…