News and AnalysIs for

Bottom-Line: This is more about gold than coal/hydrocarbons and it deals with the Santurbán Paramo a unique ecosystem that provides water to Bucaramanga, Colombia’s fourth largest city.

Bottom Line: This is the hydrocarbons equivalent of an article published today on mining in the important state/department of Santander.

Bottom Line: This is the same goal reset in May (see article here). The question today is how realistic is that goal given ongoing environmental licensing issues and continued security problems.

Source: Company Financial  Reports, Hydrocarbons Colombia

July 11, 2012 A number of Latin American business papers and websites have picked up an EFE story that the Brazilian state oil company Petrobras will invest US$700M through 2016 in the exploration of an offshore gas platform.

Bottom Line: Natural gas suppliers making the point that environmental and health costs tip the balance in favor of gas over coal despite higher costs per BTU.

Bottom Line: Emerald Oil has not pumped crude for four months since a young driver was killed in a FARC attack on a truck convoy.

Bottom Line: The Catholic Church holds much more political and social power in Colombia than in other countries and frequently pronounces on issues of the day.

Bottom Line: Reactions by industry leaders to the killing of 5 Ecopetrol contractors in Putumayo this week.

Bottom Line: The Colombian domestic market is unbalanced with respect to supply so the government – and Pacific Rubiales –  are looking to export.