The state oil firm saw shale oil production increase by 10.5% and gasoline sales by 25.5% during third quarter.
The gas station operator is looking to enter South American markets, according to the company's CEO
Solstad Farstad's boats will be put to work at the Carcará prospect.
Astrid Martínez, from local economic and social research center Fedesarrollo, provides insight on the country's efforts to reach consensus over public engagement.
The International Energy Agency's US$35mn program will support clean energy transitions in major emerging economies.
Colombia's state oil company unveiled the drilling plans when disclosing its Q3 financial results. Third quarter net income was much higher than in 3Q16.