Latest news with #Bogotá
Reuters
3 days ago
- Business
- Reuters
Colombia oil and gas E&P investment could jump 8% in 2025, industry group says
BOGOTA, May 29 (Reuters) - Colombia's investment in exploration and production (E&P) of hydrocarbons could jump some 8% this year to reach $4.68 billion, Colombia's leading industry group said on Thursday, warning this would not prevent a drop in gas production. The Colombian Oil and Gas Association (ACP) said the resources would however, maintain the South American nation's current levels of crude oil production. Investment last year was $4.33 billion, according to the ACP. "Today more investment is required to produce the same amount of oil, due to the natural depletion of the fields and the complexity of the operating environment," ACP President Frank Pearl said. "For gas, we are not managing to either increase production or replenish reserves, which is double the challenge when it comes to energy self-sufficiency," he added. The ACP estimated that $740 million would be invested in exploration this year, while $3.94 billion would go toward production so the country can keep pumping between 760,000 and 770,000 barrels of oil equivalent per day, similar to the 772,000 boepd recorded in 2024. However, it predicted that gas output would decline to 905 million cubic feet per day, compared to 959 million cubic feet last year. Since coming into office in 2022, President Gustavo Petro has sought to reduce the country's dependence on fossil fuels, a major contributor to the nation's economy, and move towards solar and wind energy projects.
Travel Daily News
3 days ago
- Business
- Travel Daily News
Avianca launches nonstop service between Dallas and Bogotá
Avianca has launched nonstop service between Dallas and Bogotá, operating four times per week. The route offers more than 1,400 weekly seats aboard Airbus A320 aircraft, each with a 180-passenger capacity. 'With this new route between Dallas and Bogotá, we now offer 19 direct routes from Colombia to nine U.S. destinations, with more than 170 weekly flights scheduled for the June 2025 peak travel season,' said Frederico Pedreira , CEO of Avianca. 'This growth not only broadens our service options for travelers, but also strengthens our position as one of the leading airlines in the region.' DALLaS – Avianca continues to expand its international connectivity with the launch of nonstop service between Dallas and Bogotá, operating four times per week. 'The launch of the direct Dallas–Bogotá route is great news for travelers and a major step forward in strengthening ties between the United States and Colombia. At ProColombia, we are proud to support Avianca's commitment to expanding connectivity, a key pillar of our strategy to position Colombia – the country of beauty – as a top destination for tourism, business, and investment' said Carmen Caballero, president of ProColombia. Andrés Fernando Diez Martínez, Consul of Colombia in Dallas, added: 'The launch of the direct route between Dallas and Bogotá marks an important step in strengthening the longstanding, deep and dynamic relationship between Colombia and the United States. This new connection will foster greater exchange, bringing more travelers, entrepreneurs, and opportunities in both directions, and reflects the growing importance of bilateral tourism and business ties.' The launch of this new route strengthens Avianca's U.S.- Colombia network for June 2025, bringing the total to 19 direct routes, including: Barranquilla–Miami; Bogotá–Boston, Dallas, Fort Lauderdale, Washington, New York, Orlando, Miami, Chicago, and Tampa; Cali–New York and Miami; Cartagena–New York and Miami; Medellín–Fort Lauderdale, New York, Orlando, and Miami; and Pereira–New York. Tickets are available for purchase at through the Avianca mobile app, authorized travel agencies, and Avianca's direct sales points. Avianca encompasses Avianca – a Star Alliance member – LifeMiles, and Avianca Cargo. In passenger transportation, Avianca, with over 105 years of operation since its founding in 1919, is the leading airline in Colombia, Ecuador, and Central America. It operates one of the largest air networks in Latin America, offering 150 routes, more than 700 daily flights, and a fleet of 140 Airbus A320 and Boeing 787 Dreamliner aircraft, connecting over 75 destinations across 25+ countries in the Americas and Europe. In 2024, Avianca transported nearly 38 million customers and operated more than 258,000 flights. Its loyalty program, LifeMiles, is one of the largest in Latin America, with over 14 million members and more than 400 partner merchants. In cargo transportation, Avianca Cargo is the leading operator in various markets across the Americas, connecting over 350 destinations through its 220 weekly cargo flights, passenger flight network, and interline agreements.
Washington Post
4 days ago
- Business
- Washington Post
Colombia's labor unions participate in 48-hour strike in support of president's labor referendum
BOGOTA, Colombia — Colombia's labor unions on Wednesday began a 48-hour strike in support of a referendum proposed by President Gustavo Petro to let voters to decide whether to overhaul the country's labor laws. The work stoppage was in response to a direct call from Petro , who has argued that Congress is working against the interest of workers by repeatedly blocking his efforts to reform labor regulations. The referendum, whose questions would include whether workdays should be limited to eight hours, has become the crux of long-running tensions between the executive and legislative branches. After Congress rejected Petro's labor reform twice , most recently in March, he sent lawmakers a 12-question referendum proposal on May 1. Two weeks later, the legislative body voted 49-47 against the measure, prompting Petro to accuse lawmakers of fraud and eventually calling on workers to demonstrate in favor of his proposal. 'We are telling the Senate that it cannot continue legislating against the working class,' Fabio Arias, president of the United Workers' Central, said in a statement. 'For this reason, we demand that the referendum be approved as a real mechanism for restoring rights.' Arias' union hoped to get at least 3 million workers to participate in the strike. Unions members on Wednesday took to the streets in Colombia's major cities. In the capital, Bogota, some protesters blocked public bus lanes, impeding the movement of thousands of people, according to the mayor's office. 'I'm mobilizing because I feel that my rights have been violated,' Yeimy Cante Toro, a member of the union of workers from non-governmental organizations, said as she demonstrated in Bogota. A day earlier, Interior Minister Armando Benedetti said Petro will issue a decree on June 1 to authorize the referendum if lawmakers fail to vote on it again. The disagreements between Petro and Congress date back to the start of his term in 2022, but they have heightened as he seeks to consolidate his legacy ahead of next year's legislative and presidential elections. Petro, Colombia's first leftist president, is eligible for reelection. 'Congress gave the government a lifeline at a moment of great weakness by rejecting the labor reform,' said Mauricio Velásquez, a political science professor at the University of Los Andes. 'It gave (Petro) the opportunity to repeat the strategy of using legislative failure as a way to stir up the political arena.'
The Independent
4 days ago
- General
- The Independent
Ancient DNA reveals a new group of people who lived near land bridge between the Americas
Scientists have identified a new pod of ancient hunter-gatherers who lived near the land bridge between North America and South America about 6,000 years ago. Researchers are still charting how human populations spread across the Americas thousands of years ago, arriving first in North America before veering south. Groups that split off developed their own collection of genes that scientists can use to piece together the human family tree. Discovered through ancient DNA, the group lived in the high plateaus of present-day Bogotá, Colombia — close to where the Americas meet. Scientists aren't sure exactly where they fall in the family tree because they're not closely related to ancient Native Americans in North America and also not linked to ancient or present-day South Americans. The new study was published Wednesday in the journal Science Advances. 'Up to this point, we didn't believe there was any other lineage that would appear in South America," said archaeologist Andre Luiz Campelo dos Santos with Florida Atlantic University who was not involved with the new research. 'This is unexpected.' Just 4,000 years later, these ancient humans were gone and a genetically-different human clan inhabited the area. Scientists aren't sure exactly what happened to make them fade away — whether they mixed into a new, bigger group or were pushed out entirely. Analyzing more genes in South America will help confirm if this new group truly did disappear or if there could be evidence of their descendants elsewhere, said Campelo dos Santos. Studying these ancient Colombian genes are important to piecing together the history of the Americas since ancient people had to cross this land bridge to settle in and spread across South America. The area is 'the gateway to the South American continent,' said study author Andrea Casas-Vargas with the National University of Colombia. ___ The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute's Science and Educational Media Group and the Robert Wood Johnson Foundation. The AP is solely responsible for all content.
Associated Press
4 days ago
- General
- Associated Press
Ancient DNA reveals a new group of people who lived near land bridge between the Americas
NEW YORK (AP) — Scientists have identified a new pod of ancient hunter-gatherers who lived near the land bridge between North America and South America about 6,000 years ago. Researchers are still charting how human populations spread across the Americas thousands of years ago, arriving first in North America before veering south. Groups that split off developed their own collection of genes that scientists can use to piece together the human family tree. Discovered through ancient DNA, the group lived in the high plateaus of present-day Bogotá, Colombia — close to where the Americas meet. Scientists aren't sure exactly where they fall in the family tree because they're not closely related to ancient Native Americans in North America and also not linked to ancient or present-day South Americans. The new study was published Wednesday in the journal Science Advances. 'Up to this point, we didn't believe there was any other lineage that would appear in South America,' said archaeologist Andre Luiz Campelo dos Santos with Florida Atlantic University who was not involved with the new research. 'This is unexpected.' Just 4,000 years later, these ancient humans were gone and a genetically-different human clan inhabited the area. Scientists aren't sure exactly what happened to make them fade away — whether they mixed into a new, bigger group or were pushed out entirely. Analyzing more genes in South America will help confirm if this new group truly did disappear or if there could be evidence of their descendants elsewhere, said Campelo dos Santos. Studying these ancient Colombian genes are important to piecing together the history of the Americas since ancient people had to cross this land bridge to settle in and spread across South America. The area is 'the gateway to the South American continent,' said study author Andrea Casas-Vargas with the National University of Colombia. ___ The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute's Science and Educational Media Group and the Robert Wood Johnson Foundation. The AP is solely responsible for all content.
