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Along with an average reserve life of 7.6 years, Ecopetrol reported net profit of 19.1 trillion Colombian pesos.

Analysts say the reduction is due to the decrease in imports of corn, wheat, and other agricultural products

Alejandro Arango has resigned, Pedro Manrique Gutiérrez has retired, and Fernán Ignacio Bejarano's service is coming to an end for undisclosed reasons.

Investments in oil exploration and production represent about half of the annual plan total.

Will Banco de la República upgrade its November meeting to a "decision" meeting in order to cut rates from 13.25% and start the easing cycle?

Frontera board chair Gabriel de Alba called the discovery another positive development for the company's "potentially transformational investments in Guyana."

Colombia has a vested interest in the potential of having a future democratic neighbor, and last week, we saw Washington lift sanctions on Caracas for six months.

Much of the private sector continues to think that a sovereign nation can continue to operate, pay the bills, and support all the public services required even with everyone paying the minimum taxes possible.

New exploration and drilling in Colombia and Ecuador came alongside the Canadian company's large Guyana discovery this quarter.

If the block proves to have the "significant potential" that the company expects, Frontera could upgrade its exploration license to the development phase.