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Showing posts with the label Bloomberg Latin America News (February 4

Bloomberg Latin America News (February 4, 2013).: Pacific Is Confident of Keeping Colombia Field Operations

Latin America News Pacific Is Confident of Keeping Colombia Field Operations Pacific Rubiales Energy Corp., Latin America’s most valuable non-state oil producer, is confident of retaining the right to operate Colombia’s biggest field, Chief Executive Officer Ronald Pantin said. Venezuela Said to Plan Increased Supply of Weaker Bolivars Venezuela’s central bank is considering ways to expand the supply of bolivars at the weaker of two official exchange rates in a bid to attract more dollars into the economy and avoid a full-blown devaluation that economists say is needed to narrow its budget deficit, said a government official with direct knowledge of matter.