Finance Colombia

Foreign Investors Still Confident In Colombia, According To Survey by IPAs

The study revealed that 66% of the surveyed businesspeople were optimistic regarding the operations of their companies in Colombia, while 30% feel the same in respect to the performance of the economy in general.

Posted On June 29, 2020

, By Loren Moss

InsightCrime: Colombia’s Medical Corruption Exposed By Coronavirus Pandemic

The seizures of several illegal shipments of medicine in Colombia’s northern department of La Guajira has shown that one of the country’s least-discussed criminal economies could rapidly expand during the coronavirus pandemic. In March, two shipments were seized in the...

Posted On April 17, 2020

, By Insight Crime

Insight Crime: Colombia’s Rainforests, Natural Areas Suffer As Park Rangers Threatened By Ex-FARC Mafia

According to an Insight Crime report, continued threats by criminal groups have led park rangers in Colombia’s protected areas of the Amazon rainforest to abandon their posts, leaving these territories to fall under the control of gangs.

Posted On March 29, 2020

, By Insight Crime

EPM Water treatment facility. Photo courtesy EPM

32 Colombian Municipalities Facing Water Shortages

This year’s annual dry season that affects Colombia in December and January has seen the number of municipalities facing shortages grow to 32, according to the country’s minister of housing, cities and territories, Jonathan Malagón.

Posted On January 27, 2020

, By Loren Moss

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Economic Analysis: How Colombia’s Different Region’s Performed in the Second Quarter

As with the nation at large, most areas of Colombia are struggling to achieve growth. But certain segments and indicators are showing positive signs.

Posted On September 11, 2017

, By Jared Wade

Guamalito disruption of the Caño Limón-Coveñas pipeline that cut oil production for Ecopetrol and damaged the environment. (Credit: Ecopetrol)

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Ongoing Attacks Have Paralyzed Colombia’s Caño Limón-Coveñas Oil Pipeline Since May 30

Repairs have not been completed due to “continued harassment by firing helicopters” and “anti-personnel mines,” said Ecopetrol.

Posted On July 25, 2017

, By Jared Wade

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Caño Limon Covenas Oil Pipeline Achieves 30 Year Operational Milestone

Ecopetrol’s Oleoducto (Pipeline) Caño Limón Coveñas has reached 30 years of operation, reported Ecopetrol this month. Over that time, the pipeline has transported 1.5 billion barrels of crude oil, contributing $148 billion pesos to the economies of the surrounding areas. Such...

Posted On December 15, 2015

, By Loren Moss

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Ecopetrol & Cenit Increase Petroleum Storage Capacity By 820,000 Barrels At Coveñas Maritime Terminal

State owned petroleum company Ecopetrol and its subsidiary Cenit has commenced operation of two new hydrocarbon storage tanks in the Coveñas maritime terminal, Colombia’s primary petroleum shipping port. The two new tanks, each with capacity of 420,000 barrels, are part of a...

Posted On September 13, 2015

, By Loren Moss