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>Much foreign investment and investment by Colombian investors in oil production in Colombia but still Ecopetrol increases its share. Growth is such that none of the new players are going to complain,

Best of the week! Please look for our selection of the best stories published this week in Hydrocarbons Colombia

The Colombian Petroleum Association (ACP for its Spanish initials) estimates that Seismic kilometers declined by 8% in 2011.

PACIFIC RUBIALES ENERGY CORP. NEWS RELEASE PACIFIC RUBIALES ANNOUNCES NATURAL GAS AND CONDENSATE DISCOVERY ON THE GUAMA EXPLORATION BLOCK, COLOMBIA TORONTO, Feb. 15, 2012 /CNW/ – Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today the discovery of natural gas and condensate in the Cotorra-1X exploration well, drilled on the Guama Block in the Lower Magdalena basin.

Tuesday, February 14, 2012 – Today the <a href=”http://www.cccc.com.co”>Colombia-Canada Chamber of Commerce </a>spent the morning exploring bilateral issues of interest to the extractive sector.

This Portafolio article is an interview with Mauricio Cardenas, Minister of Mines.