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As it celebrates its 32nd anniversary this weekend, the institute announced plans for a new cement laboratory and upgrades at its rock mechanics lab.

Colombian energy company Bioenergy has signed its first commercial deal to begin selling ethanol from its plant in Meta to Bogotá-based oil and gas leader Terpel.

All six of the directors nominees were approved with an average affirmative vote of 98%.

Ecopetrol took over operation of the Recetor oilfield in Colombia this week after the expiration of its contract with Equión Energía.

On top of the environmental and health risks, Ecopetrol said that 617 wells are out of commission and oil output is down by more than 20,000 barrels per day.

Pacific Exploration is showing signs of recovery, but it still has a long way to go to get back to its performance levels in earlier years.

Today's blockades in Santander have led to the loss of oil production while demonstrations in Meta earlier this week became violent.

Colombian Minister of Finance Mauricio Cardenas will sit on three of the four committees.

Fitch highlighted Isagen's improving leverage position and "adequate" liquidity levels "supported by a healthy cash balance" and "manageable debt structure profile."

With multiple proven wells and four gas blocks in the area, Ecopetrol believes it may be able to begin extracting the resources more efficiently.