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//Brent Crude
Photo courtesy ACP
0

Colombian Petroleum Industry Calls On Urgent Government Action To Mitigate Petroleum Crisis

The collapse in oil prices has led ACP, Colombia's petroleum industry association to call on the country's government to allow flexibility in the regulated pipeline transportation costs, that now make up almost half the cost of a barrel of oil, says the trade group.
Posted OnApril 22, 2020
, ByLoren Moss
0

Ecopetrol To Reduce 2020 Investment By $1.2 Billion USD Due To Pandemic, Economic Conditions

Ecopetrol To Reduce 2020 Investment By $1.2 Billion USD Due To Pandemic, Economic Conditions
Posted OnMarch 18, 2020
, ByLoren Moss
New Ecopetrol Chief Financial Officer Jamie Caballero Uribe. (Photo credit: Ecopetrol S.A.)
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Ecopetrol Appoints Jaime Caballero Uribe as Chief Financial Officer

Within this role, Caballero will be the compliance agent for financial reporting to the Colombian Finance Superintendency.
Posted OnAugust 19, 2018
, ByJared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Benefitting from High Oil Prices, Ecopetrol Reports Significant Increases in Earnings and Revenue in First Half of 2018

Ecopetrol reported 15.8 trillion pesos in earnings, an increase of 37.7% compared to the 11.5 trillion pesos brought in during the first half of 2017.
Posted OnAugust 16, 2018
, ByJared Wade
The Port of Barranquilla. (Photo credit: Puerto de Barranquilla)
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Colombian Exports Rise 22.5% in First Half of 2018 to $20.5 Billion USD

Rising oil prices were the biggest factor. The extractive industry exported $11.8 billion USD — nearly 60% of the nation's export value in the past six months.
Posted OnAugust 5, 2018
, ByJared Wade
Ecopetrol oil and gas company headquarters in Bogotá, Colombia
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Ecopetrol Reports Income of $923 Million USD in First Quarter of 2018

Despite a major oil spill and below-target production, Ecopetrol reported its best quarterly results in four years amid higher oil prices.
Posted OnMay 6, 2018
, ByJared Wade
bancolombia medellin
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Bancolombia Projects Colombian GDP to Grow by 2.5% in 2018

Growth will be driven by higher commodities prices, improved household consumption, and a more balanced performance across various sectors.
Posted OnFebruary 4, 2018
, ByJared Wade
colombia inflation rate peso 50 mil banco de la republica central bank Colombian peso Colombia peso Colombia inflation Colombia minimum wage colombian peso
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Colombian Peso Hits Strongest Value Against Dollar Since November 2015 as Greenback Tumbles

The U.S. dollar currency index fell by almost 1% Wednesday afternoon to a 52-week low following market-moving comments by the U.S. treasury secretary.
Posted OnJanuary 24, 2018
, ByJared Wade
Crude oil production in Colombia energy and natural resources sector. (Credit: lalabell68 / Pixabay)
off

Colombia Produced 854,121 Barrels of Oil Per Day in 2017, a 3.4% Drop from 2016

Despite the year-over-year drop, the actual output did exceed Ministry of Mines and Energy's estimate of 840,000 barrels of oil per day.
Posted OnJanuary 16, 2018
, ByJared Wade
colombian peso
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With Oil Prices Rising, Colombian Peso Strengthens to Three-Month High

With oil prices jumping on supply disruptions in Iran and Europe, the Colombian currency reached 2,902 pesos to the dollar.
Posted OnJanuary 4, 2018
, ByJared Wade
12




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