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Fitch Ratings believes Frontera Energy's (TSX: FEC) cost cutting initiative and reduction in production volumes are positive developments to preserve the company's strong liquidity position.

Both the Colombian petroleum producers' industry group ACP and the petroleum workers' union UTIPEC are in agreement in their calls for flexibility in petroleum transportation prices in Colombia's indirectly government controlled transportation network, and decry CENIT's financing...

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.

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The Colombian government has clarified that foreign trade (import/export), agriculture, energy and mining activities may continue during the mandatory Coronavirus COVID-19 Curfew now in effect.

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

Colombian authorities dismantled a criminal organization in Arauca known as “Los Suizos” (translates to "The Swiss")  that had smuggled about 100 tons of cheese across the border. 

In the Colombian department of Huila, Ecopetrol has begun operations of its colloidal dispersion gels injection plant (CDG) in its Dina Cretaceous field.

On Bogotá’s famous Avenida Séptima (7th Avenue) in Colombia, about where it connects with 76th street near the Russian Embassy, a large mural was painted on a wall. The mural, since painted over, was graffiti art in opposition to “Fracking,” or Hydraulic Fracturing. Known within...

Colombia’s house of representatives approved as part of its National Development Plan last week, authorization for the Ministry of Mines & Energy to study the possibility of introducing Hydraulic Fracturing, nicknamed “Fracking,” in Colombia. The unconventional petroleum and...