Via CNBC, a report on Colombia’s oil sector: Investors—Canadian ones, in particular—may recall Colombia as one of the hottest oil plays in the world. Paul Smith | Bloomberg | Getty Images The Ecopetrol oil refinery stands in Cartagena, Colombia. That was just a few years ago. Huge wells in these plays created huge valuations—and some […]
Read more »Courtesy of The Financial Times, a report on the potential impact that recent Farc peace talks may have on Colombia’s investment profile: Start spreading the news: the Farc guerrillas and the Colombian government agreed to begin peace talks during a meeting in communist-led Cuba, local media reported on Monday. The Andean country has attracted record […]
Read more »Via The Financial Times, a look at Colombia: With his deep, chanting voice and contagious laughs he can convince you everything is going according to plan. “We have systematically and purposefully over-performed,” says Juan Carlos Echeverry, Colombia’s finance minister. For him, it is a virtuous circle: confidence, which leads to job creation, which leads to […]
Read more »Courtesy of The Financial Times, a look at the US Free Trade agreement with Colombia: The long-awaited US Free Trade Agreement is no longer over the horizon for Colombia: as of May 15 it became a fact of life and despite all the optimism coming from the authorities it remains a leap in the dark. […]
Read more »Via The Financial Times, an article on Colombia’s Ecopetrol: Ecopetrol, the Colombian national oil company with proven reserves of about 1.8bn barrels, has a bigger market capitalisation than Petrobras, the Brazilian giant with 18bn barrels of reserves and, potentially, multiples of that in its vast new pre-salt oil fields. That, at least, is what a […]
Read more »Courtesy of The Wall Street Journal, a report on recent meetings between Colombian President Juan Manuel Santos Calderon and Chinese President Hu Jintao who signed deals to direct the Latin American nation’s exports to Asia. As the article notes: Colombian and Chinese officials struck agreements that may help direct much of the Latin American nation’s […]
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