Colombia

Canadian independent Pacific Rubiales ' 2010 output was hit by transport problems but the firm remains upbeat about its prospects for growth in 2011, according to an operations update... 2011-01-11

British major BP 's divestment programme continues apace. On November 28 the company announced that it had agreed to sell its 60% stake in Argentina's Pan American Energy (PAE) to... 2010-11-29

Colombia's President Juan Manuel Santos has approved state-run Ecopetrol's plans to reduce the government's stake in the company further.

The board of Colombia's state-run oil company Ecopetrol has approved a 2011 investment programme that will see the company spend at least US$6.738bn, it was announced on November 16,... 2010-11-18

Colombia's state-run oil company Ecopetrol will build and operate the US$4.2bn Oleoducto Bicentenario oil pipeline with Canadian independents Pacific Rubiales Energy and Petrominerales... 2010-11-15

Canada-based Pacific Rubiales Energy has announced that it intends to broaden its energy investments in Colombia - its core country of operation.

French explorer Maurel et Prom (M&P) announced it has struck oil at a second exploration well drilled in Colombia's Llanos Basin in a September 20 2010 press release.

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.

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