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  News for Ecopetrol Market

  • Business

ONGC, Sinopec buy Columbia firm for $850m

 The 50:50 joint venture of India's Oil and Natural Gas Corporation and China's Sinopec has acquired Columbian oil firm Omimex de Columbia for $850 million. "Omimex has oil and gas operations......

RIL plans $6-bn investment at Jamnagar

 Reliance Industries Ltd, India's largest private firm, will invest $5.5 to 6 billion to raise capacity of its Jamnagar oil refinery to 60 million tonnes by 2009. "The expansion would be completed......

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