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Stories for December 11th 2013

• Wednesday, December 11th 2013 - 00:04 UTC

  Colombia finds new reserves; targets 1.3m bbl production by 2020

  

  Colombian state-owned oil company Ecopetrol and Canada's Talisman Energy Inc said on Monday they had discovered an estimated 1.3 billion barrels of oil in southeastern Colombia and that about a tenth of it was likely to be recoverable. The announcement was the second in a week for Ecopetrol and an important addition to the diminishing reserves the country has been urgently trying to boost. The Andean nation also expects to eventually exploit shale oil and gas.

• Wednesday, December 11th 2013 - 00:02 UTC

  Santos says a 'cease fire' only when FARC signs the peace agreement

  

  Colombia's main leftist guerrilla group, the FARC, said today it would implement a 30-day ceasefire from December 15 while the government said it would keep pursuing the rebels after they attacked a police station killing eight.

• Wednesday, December 11th 2013 - 00:00 UTC

  World and FIFA shocked by violent incidents at a Brazilian championship match

  

  Shocking violence at a Brazilian championship match is not an indication of what can be expected when the South American country hosts next year's World Cup, FIFA and Brazilian government officials have declared.