Pacific Rubiales targets output, exploration increases in 2011
Pacific Rubiales Energy expects to increase output to 265,000 barrels of oil equivalent per day at the end of 2011, more than doubling its output for the end of 2010.…
Pacific Rubiales Energy expects to increase output to 265,000 barrels of oil equivalent per day at the end of 2011, more than doubling its output for the end of 2010.…
The following companies had unusual price changes in Bogota trading. Stock symbols are in parentheses and prices are as of 1:31 p.m. New York time. The IGBC Index fell 0.5…
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…
Canadian oil firm Pacific Rubiales Energy Corp said it agreed to give a unit of Petrodorado Energy Ltd an additional participating interest in the Buganviles block in Colombia in exchange…
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…
Ronald Pantin, president of Canadian oil firm Pacific Rubiales, expects Colombia’s oil production to hit 800,000 bpd this year, and even surpass its record high of 825,000 bpd, reached in…
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…
Colombia’s benchmark IGBC stock index fell 0.6% on Tuesday, dragged down by a weak U.S. market and lower crude prices. Shares in state-controlled oil firm Ecopetrol fell 1% to COP2,445…
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…