Bottom Line: Pacific Rubiales rating was maintained but the outlook improved from ‘stable’ to ‘positive’ reflecting the company’s financial and operational strength.
Bottom-Line: This is more about gold than coal/hydrocarbons and it deals with the Santurbán Paramo a unique ecosystem that provides water to Bucaramanga, Colombia’s fourth largest city.
Bottom Line: This is the hydrocarbons equivalent of an article published today on mining in the important state/department of Santander.
Bottom Line: This is the same goal reset in May (see article here). The question today is how realistic is that goal given ongoing environmental licensing issues and continued security problems.
Source: Company Financial Reports, Hydrocarbons Colombia
July 11, 2012 A number of Latin American business papers and websites have picked up an EFE story that the Brazilian state oil company Petrobras will invest US$700M through 2016 in the exploration of an offshore gas platform.
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