Colombia

Colombia's state-owned oil company Ecopetrol will spend US$4.2bn building a new oil pipeline from the prospective Llanos region to its main export point in Coveñas.

BMI View: BP's US$1.9bn asset sale moves the company closer to its US$30bn divestment target as it looks to raise funds to pay its GoM oil spill liabilities. It found a willing buyer... 2010-08-04

Colombia's state-owned Ecopetrol has announced plans to raise US$23bn in debt to help finance its US$80.3bn 2011-2020 investment programme.

Venezuelan President Hugo Chávez on July 22 broke diplomatic relations with Colombia after Bogotá accused his government of harbouring Colombian rebel fighters, escalating a diplomatic... 2010-07-23

British oil major BP is pressing ahead with its investment campaign in Colombia in spite of the massive looming clean-up bill for the Gulf of Mexico oil spill.

Colombia's national oil company Empresa Colombiana de Petróleos (Ecopetrol) is looking to acquire assets in Brazil and the Gulf of Mexico (GoM) in its effort to boost output from... 2010-04-08

Brazil's state-run Petrobras will invest US$400mn in Colombia between 2009 and 2013, an official from the company told Colombian business daily Portafolio on March 18.