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Glass half-full: MinMinas accounts for his actions

July 25th, 2012 By Hydrocarbons Colombia The Colombian government is holding one of its periodic “public accounting” sessions where Ministers measure their performance in public against previously stated goals.

Thursday, July 26th, 2012
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Rumors fly of Canacol or Petrominerales sale

July 24, 2012 By Hydrocarbons Colombia Colombian national business paper Portafolio reported on its website rumors that Canadian oil companies Petrominerales and Canacol are on the auction block.

Wednesday, July 25th, 2012
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Revaluation of Colombian Peso brings coal production costs close to prices

July 24th, 2012 By Hydrocarbons Colombia Producers of any good are challenged when prices are denominated in one currency but costs are denominated in another and the two currencies diverge.

Wednesday, July 25th, 2012
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Corficolombiana pays US$2.5B for Promigas

June 24,2012 By Hydrocarbons Colombia Fund manager Corficolombiana will pay US$2.5B for the 75% of the company it did not already own, thereby remaining with 100% ownership.

Wednesday, July 25th, 2012
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Ecopetrol confirms presence of hydrocarbons in the Caño Sur Block

July 23, 2012 • Seven oil discoveries in the Caño Sur Block. • Initial results show an average production of 434 barrels stabilized oil per day of 13.4° API.

Tuesday, July 24th, 2012
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Bad weather blocks Equion off-shore drilling

July 24, 2012 By Hydrocarbons Colombia Colombian business magazine Dinero.com reports that Equión’s exploratory drilling at the Mapalé-1 well is postponed until further notice because of bad weather.

Tuesday, July 24th, 2012
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