May 5, 2012 Colombian business paper LaRepublica.co reports new capital has been injected in the rail project between Buenaventura and La Felisa (Calda
April 26, 2012 Mansarovar, the fourth largest oil producer in Colombia is reported in the Colombian press to have received from Ecopetrol, the approval for the comercialization of the UnderRiver II field, which is part of the Nare Association Concession.
April 25, 2012 From an Ecopetrol Press Release … Ecopetrol announces the discovery of hydrocarbons in the Tisquirama Este-1 exploratory well, located in the municipality of San Martin, Cesar. In initial tests, the well produced 624 barrels of oil per day
Let’s start from the proposition that, like it or not, royalties are necessary. They are necessary because with oil over US$100 a barrel, Colombian gas prices over U$2 and nearly US$3 per gallon, Pacific Rubiales stock up 6000% since its inception and Ecopetrol declaring record profits, oil looks like a money making machine.
April 11, 2012 It is widely reported in the Colombian press that local firm Trenaco made its first shipment of 42,200 tons of Colombian metallurgical coal to China.
April 17, 2012 A “Conpes document” is a commitment by the government, and more importantly by the National Planning Department which controls the budget, to do something
Monday, April 16, 2012 It was widely reported in the Colombian press that 11 mining services firms from Australia are in the country looking for business. This mission was organized by the organization,
2012-04-01 07:00:00 The Canadian-born company managed to increase the credit limit that Bancolombia granted in 2011 from US$ 2.6 million to US$ 6.7 million, which will fund its short-term investments.
The chart shows the difference between Brent and WTI (weekly close in US$), with short-term fluctuations smoothed out by taking a 52 week trailing moving average.
Dr. Orlando Cabrales Segovia, President of the ANH, closes Asia roadshow promoting the Colombia Round 2012 competition… Tokyo, April 4, 2012.
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