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Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announced yesterday that the General Shareholders’ Meeting, held March 26th, 2015, approved an ordinary dividend of 133 Colombian pesos (COP$133) per share. The General Shareholders’ Meeting approved a lump sum...

The Minister of Finance, Mauricio Cardenas, said Tuesday that the economic activity during 2014 grew by 4.6% from the previous year, according to figures published by DANE, Colombia’s official statistics agency. “The result of 3.5% for the fourth quarter allowed the...

HBI (Helm Banca de Inversion) the independent investment bank belonging to Helm Group, has started 2015 as Colombia’s leading investment bank in the discipline of Project Finance. Currently, the investment bank is working on more than 20 large transactions in sectors such as...

Gran Tierra announced that it has reduced its capital budget for 2015 to $140 million.  This is a reduction of $170 million from the previously announced budget of $310 million.   The revised budget for operations in Colombia, Peru and Brazil allocates $50 million t...

The depressed global oil prices have not been kind to Pacific Rubiales, Colombia’s largest independent oil producer. Heavily staffed with refugees from Venezuela’s PDVSA, the company is finding it even more challenging to create shareholder value than its other petroleum sector...