Ecopetrol to invest $10.6B to boost output
Ecopetrol SA, Colombia’s largest oil company, said it plans to invest $10.6 billion in 2011 as it seeks to almost double production over the next decade. The Bogota-based company may…
Ecopetrol SA, Colombia’s largest oil company, said it plans to invest $10.6 billion in 2011 as it seeks to almost double production over the next decade. The Bogota-based company may…
Ecopetrol has chosen seven partners led by Canadian oil companies, Pacific Rubiales and Petrominerales to work on a $4.2 billion project to build an oil pipeline, Colombia’s state oil company…
Colombian mining and oil companies may sell shares in initial public offerings next year as integration with Peru and Chile boosts investor demand, Juan Pablo Cordoba, president of the nation’s…
Pacific Rubiales Energy Corp., Colombia’s largest independent oil producer, swung to a third-quarter profit from the same period a year earlier, fueled by an increase in output and higher crude…
Ecopetrol SA may sell as much as 1 trillion pesos ($542.9 million) of bonds in the Colombian market as early as the week of November 22, according to Correval SA.…
Alange Energy Corp. is preparing to list its shares in the Bogota bourse in the first quarter of 2011, following in the footsteps of other oil firms listed in Canada…
Pacific Rubiales Energy Corp. is eyeing a 33% stake in a key oil pipeline project in Colombia as the country’s crude transportation infrastructure struggles to keep up with a surge…
The Colombian government awarded 78 exploration blocks to 40 companies to search for and exploit hydrocarbon resources in the country. The decision follows a process of adjudication by the National…
China’s fourth-largest oil company, Sinochem, will raise crude oil imports from Colombia through 2013, reaping the benefits from upstream asset acquisitions and rising production in the South American country Colombia…