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Pacific shows interest in pipeline between Colombia and Venezuela

April 2, 2012 Business newspaper Portafolio.co reports that Pacific Rubiales has expressed interest in participating in the Pipeline of the Pacific p

Thursday, April 5th, 2012
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Oil output grew 7.1% in March

April 4, 2012. The Ministry of Mines and Energy reports that the average oil production in Colombia in March 2012 stood at 950,939 barrels per day (bpd), ie by 7.2% compared to the average of 887,000 barrels that was recorded in March , 2011.

Thursday, April 5th, 2012
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Long Tail of Petroleum Services Firms in Colombia

Long Tail of Petroleum Services Firms in Colombia

This graph shows the latest Campetrol data, from 2010 which is the last full year for which data is available from the Colombian company regulator SuperSociedades.

Sunday, April 1st, 2012
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Drill Rig Utilization Up 2pp From November 2011

Drill Rig Utilization Up 2pp From November 2011

Campetrol recently updated its statistics for rig utilization as of March 12, 2012. The number of reported rigs is down from 261 to 220 but utilization is up to 85%.

Saturday, March 31st, 2012
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Colombia Has Second Highest Tax Burden on Coal Projects

Colombia Has Second Highest Tax Burden on Coal Projects

The table shows the results of a study by Ernst and Young, commissioned by Colombian industry associations Large Scale Mining Chamber, Colombian Chamber of Mining and the National Association of Businesspersons (Mining Chapter).

Saturday, March 31st, 2012
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Worker Trapped in Coal Mine Rescued

Bogota, March 27, 2012 The Colombian Geological Survey informs the public and the media yesterday, March 26, that at about eight o’clock in the evening mine worker William Ivan Gaviria, 28, who was inside the mine in time of the emergency, was rescued uninjured.

Wednesday, March 28th, 2012
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