Ecopetrol 2Q net profit likely tripled: survey
Colombian state-controlled oil company Ecopetrol SA will likely report that its net profit more than tripled from the same period in 2009, due to increased production and higher crude-oil prices.…
Colombian state-controlled oil company Ecopetrol SA will likely report that its net profit more than tripled from the same period in 2009, due to increased production and higher crude-oil prices.…
Nicaraguan President Daniel Ortega has warned his Central American nation may respond militarily if Colombia authorizes oil concessions in disputed territory in the Caribbean sea. The president announced that the Nicaraguan army…
Venezuelan President Hugo Chavez Sunday suspended a scheduled visit to Cuba because he believes Colombia may be planning a military attack on Venezuela. “The possibility of an armed aggression against…
Venezuelan President Hugo Chavez threatened on Sunday to cut oil supplies to the U.S. in case of a military attack from Colombia, as the dispute over charges his country harbors…
Investment in Colombia’s mining and energy industry is expected to reach $57 billion over the next five years, Mining Minister Hernan Martinez said Thursday. “The industry already has firm promises…
Mines and Energy Minister Hernan Martinez Torres announced that Colombia’s fuel prices are unlikely to rise in August, reports Caracol Radio. Martinez said the freeze was due to the behaviour…
Nicaraguan President Daniel Ortega alleged Tuesday that Colombia has been granting exploration permits to oil companies on Nicaraguan territory. Ortega was referring to disputed waters located in the Caribbean Sea…
Eighteen companies have been attracted to Colombia by the 224 new blocks for oil extraction and technical evaluation on offer, according the National Hydrocarbons Agency (ANH), La Republica reports. Among…
Colombia’s exports rose 28% in May compared with the same month last year, according to statistics agency DANE, Reuters reports. Exports rose to $3.51 billion in May 2010, up from…