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The expansion of the Sincelejo to Cartagena gas pipeline being planned by distributor Promigas has received its environmental license, allowing it to grow its capacity from 60mmcfpd to 165mmcfpd

Mexican investment group Alfa and Harbour Energy have terminated an agreement to purchase all of the remaining shares of Pacific Rubiales Energy (TSX:PRE), setting off a flurry of speculation and a deep dive in the share price of Colombia’s largest private oil operator.

A local paper dedicated a full feature article to explain the hope generated by the El Alcaraván sugar cane ethanol plant announced in 2010 by Ecopetrol’s (NYSE:EC) Bioenergy, and the impact its mismanagement left on the municipality of Puerto López, Meta.

Ecopetrol (NYSE:EC) has withdrawn its participation in a consortium formed to bid on offshore blocks in the Mexico Round 1 just days ahead of the presentation of bids.

Whether talking about the Cartagena Refinery (Reficar) or a planned ethanol plant of its affiliate Bioenergy, Ecopetrol (NYSE:EC) has shown a pattern of failing to keep its costs under control for large scale projects.

Gran Tierra Energy (TSX:GTE) said it has increased its 2015 Capex program by US$45M to US$185M for the year as part of a plan to accelerate development drilling in the Moqueta and Costayaco fields in the Putumayo Basin.

Ecopetrol (NYSE:EC) president Juan Carlos Echeverry said that the recent wave of attacks on oil infrastructure will not have a substantial impact on the finances of its transport firm Cenit, and confirmed plans are still in place to relinquish control of its smaller fields.

In the last two weeks three executive managers at Ecopetrol (NYSE:EC) have retired as the company’s president Juan Carlos Echeverry adjusts his team.

Surging costs associated with transportation, refining, social conflicts and licensing have made Ecopetrol’s (NYSE:EC) cost per barrel the second highest among state oil firms in Latina America, says a report from the Colombian Petroleum Association (ACP).

The new regional vice president for the Orinoquia region of Ecopetrol (NYSE:EC) Jose Cotello has already drawn a stir in local media after hosting a press trip in the Cupiagua gas plant, where he outlined changes under his watch and objectives for production.