Colombia

The Agencia Nacional de Hidrocarburos de Colombia (ANH) has awarded eight heavy oil blocks in the Llanos Basin in eastern Colombia to local and foreign oil companies.

Columbia has announced plans to increase taxes on oil production following record crude prices. Since 1999, the government has greatly improved the investment climate in order to... 2008-07-01

Private Colombian oil company Hupecol Caracara has sold its 70% stake in the Caracara hydrocarbons prospect to Madrid-based Cepsa's Colombian subsidiary for US$920mn.

Colombia's hydrocarbons regulator Agencia Nacional de Hidrocarburos (ANH) has said that it will launch a licensing round for 100 blocks on June 24.

UK-listed Global Energy Development has discovered oil shows with its Boral-1 exploration well, in Colombia.

Canadian independent Petro Vista Energy Corporation has finalised an agreement to acquire operatorship and a 47.42% working interest of the Morichito Block, in Colombia's Llanos... 2008-05-21

US independent Occidental Petroleum (Oxy) has announced that it expects combined gross output at two of its oil operations in Colombia to reach 135,000 barrels per day (b/d) by... 2008-05-01

The Colombian Agencia Nacional de Hidrocarburos (ANH) has announced it will team up with Petrojam, Jamaica's state-controlled oil company, to explore for oil offshore San Andres... 2008-04-28

Private Russian producer Lukoil has begun preparations for the development of the Medina field on the Condor block in Colombia, according to Russian news agency RIA Novosti.

The Colombian energy ministry is preparing a detailed contingency plan to assess the country's potential requirements for infrastructure, facilities, equipment, materials and personnel... 2008-04-11