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Rumors again around Petrominerales again.

August 23, 2012 This morning the stock price is up to US$9.84 when it was US$7.50 in early August. It is up nearly 40cents today and jumped over 30 cents between Monday’s close and Tuesday’s open.

Saturday, August 25th, 2012
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Another weekend, another attack, another suspension of TransAndino Pipeline operations

August 25, 2012 RCN Radio reports that Ecopetrol has suspended TransAndino Pipeline operations due to yet another Farc attack. The guerrilla used explosives causing a fire.

Saturday, August 25th, 2012
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MinMinas looking for investors in Russia, Azerbaiyan and Turkey

August 22, 2012 Invitations went out today for a “working breakfast” sponsored by the Russian Embassy in Bogotá and the Colombia-Russia Chamber of Commerce to discuss an upcoming mission to Russia, Azerbaiyan and Turkey.

Thursday, August 23rd, 2012
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Colombia’s Finance Minister says recent terrorist attacks do not affect the economy

August 22, 2012 Colombia’s Finance Minister (MinHacienda), Juan Carlos Echeverry is a very smart man who has steered the economy through difficult waters during the current crisis.

Thursday, August 23rd, 2012
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Emerald Energy ordered to suspend operations for water contamination

August 22, 2012 RCN Radio reports that the Chinese operator (subsidiary of Sinochem) must suspend operations in the municipality of Gigante until repairs and rearrangements are made so that the company ceases to pollute the Paramo Miraflores.

Thursday, August 23rd, 2012
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UPDATE: Colombia’s President Santos cabinet shuffle

August 23, 2012 A cabinet shuffle has become widely reported in the Colombian press. All ministers have already signed resignation letters in preparation for what might be a large number of changes.

Thursday, August 23rd, 2012
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TransAndino Pipeline operations suspended after Farc attack

August 19, 2012 RCN Radio reports that the Farc attacked the TransAndino pipeline this morning with explosives and so operations have been suspended until it can be repaired.

Monday, August 20th, 2012
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Fenoco coal railway back on track but loses president

August 17, 2012 It is widely reported in the Colombian media that the double whammy of a vote by workers on Monday to end the strike and the Court’s decision that the strike was illegal (on Wednesday) has caused the Sintraime union leadership to concede defeat.

Saturday, August 18th, 2012
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Bad day to be a public official in oil territory

August 17, 2012 Mayors of Tame and Puerto Rondon in Arauca suspended three months without pay pending investigations into contracting. Auditor General and 19 Villavicencio (Meta) city councils declared unfit for public office for 10 years.

Saturday, August 18th, 2012
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Ecopetrol reports deepwater discovery in Gulf of Mexico

See original press release in English here. Colombia’s Ecopetrol is a 30% partner in Parmer Prospect.

Saturday, August 18th, 2012
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