Latin America-focussed oil producer Petrominerales Ltd said it successfully drilled a second well in Yenac in Colombia. The company said the Yenac-2 well in the Mirador formation produced 2,936 barrels…
Colombia’s state-run oil firm Ecopetrol sold one trillion pesos ($517.4 million) in local bonds Wednesday, with demand reaching three times as high. Javier Gutierrez, the company’s president, said the funds…
Colombia’s state oil company Ecopetrol will issue 800 billion pesos or $417.3 million, in local bonds this week as part of a broader investment plan, the company said on Tuesday. The…
Colombia’s state oil company Ecopetrol will issue 800 billion pesos or $417.3 million, in local bonds this week as part of a broader investment plan, the company said on Tuesday.…
Canadian oil company C&C Energia’s production was slowed this week due to protests and road blocks in Colombia’s Llanos basin. C&C, South America’s fourth-largest oil producer, had to shut down…
President Juan Manuel Santos has green-lighted the start of the process to sell an additional 9.9% stake in state oil firm Ecopetrol SA, resources that will be used to finance…
A report by the U.S. State Department gives the names of 14 military contractor companies and the amounts they were paid by U.S. government for their counter-narcotics operations in Colombia.…
Ecopetrol SA, Colombia’s state-controlled oil producer, plans to sell shares next year to finance 2011 investments, Chief Executive Officer Javier Gutierrez told radio broadcaster Caracol Thursday. The company’s board is…
Canacol Energy Ltd., an oil firm listed in Toronto and Bogota, aims to increase its output to 35,000 barrels of crude oil per day by 2015, the company’s chief executive…