Colombia’s state-owned oil company Ecopetrol announced Friday the discovery of new oil reserves in Huila department, western Colombia. Drilling began in October at the Tempranillo North-1 well, in the township…
Colombia’s state-run oil company Ecopetrol announced Monday that its proven oil reserves have increased by 35%, from 1.4 billion barrels in 2008 to nearly 1.9 billion barrels in 2009. The…
Colombian exports rose 26% in November 2009 to $2.86 billion compared to the year-earlier month, the country’s statistics department DANE said Wednesday on its website. Exports of oil, coal, coffee…
Pacific Rubiales Energy Corp. expects the oil output from its Colombian operations to rise to between 400,000 barrels and 500,000 barrels a day within three or four years, the company’s…
Rebel groups will increase their attacks on oil pipelines in the run-up to the Colombian presidential elections, warns the National Hydrocarbons Agency (NHA). The risks of sabotage is higher during…
Nigerian kidnappers have released one Colombian and three British oil workers they took hostage a week ago, local authorities announced on Monday. According to a local police spokesman, the four…
Nigerian kidnappers demand US$2 million for the release of one Colombian and four Brits who were abducted on Tuesday, local police said Thursday. A spokesperson for the Nigerian police in…
Colombian company GSS Geofisica Sistemas y Soluciones SA has signed an agreement with CGGVeritas, a French geophysical services company. This agreement will enable CGGVeritas to carry out new exploration projects…
Canadian oil firm Pacific Rubiales Energy said on Thursday it agreed to pay US$190 million to the Colombian Central Pipeline SA for the rights to use its crude pipelines for…