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"This company will be disciplined and margin-focused, not simply production-driven," says Pacific Chairman Gabriel de Alba.

Pacific believes the affected common shares will be listed on the Toronto Stock Exchange on November 3

Mayor Enrique Penãlosa wants to raise some $1.35 billion USD for transportation projects, but he is facing strong opposition from labor and the Social Party of National Unity.

EPM's Jorge Londoño De La Cuesta says Fitch's investment-grade ratings for the utility "are a demonstration of confidence in the strength of the company."

Rutty Paola Ortiz was introduced today as Colombia's new Vice Minister of Mines and Energy by Germán Arce Zapata, the nation's Minister of Mines and Energy.

Global law firm Baker & McKenzie has launched the Cross Border M&A Index, a study in conjunction with Merger Market, which forecasts a 10% growth in cross border M&A transactions driven primarily by the US, EU, and Asian markets. Still, of the $375 billion (USD)...

Consistent with Fitch Ratings’ belief that a major acquisition by Empresa de Energia de Bogota S.A. E.S.P.’s (EEB) is unlikely in the near to medium term, the company publicly declared it will not be participating in the republic of Colombia’s attempted sale of...

Canacol Energy Ltd.  (TSX:CNE; OTCQX:CNNEF;BVC:CNEC) announced last week, the appointment of Francisco Diaz to the board of directors with immediate effect. Mr. Diaz is currently a Managing Partner of Evolvere Capital, a Private Equity firm that manages variou...