The chart shows selected data on company-reported average crude oil selling prices. We have chosen companies which primarily, if not exclusively, produce in Colombia.
In a press release, C&C Energia updated its Colombian operations. Highlights include:
On Cenit
HCC-The oil industry says that due to transport problems (caused by under-capacity) Ecopetrol’s reputation was being negatively affected by prioritizing its own crude first and then, if there was left over capacity, grant some to others .
There is a graph making the rounds of the Colombian oil and gas industry, discussed at meetings, drawn on napkins over lunch and presented in PowerPoint.
October 10, 2012
After a union leader told RCN Radio that recent riots in Puerto Gaitan that killed three people were because “Pacific Rubiales has not kept its commitments”, the company was forced to issue a statement that this was not true. The company’s explanation fits the facts better: that a policeman ran over and killed a small child, the community wanted to lynch him, his fellow policemen defended him and a riot broke out.
October 10, 2012
After a union leader told RCN Radio that recent riots in Puerto Gaitan that killed three people were because “Pacific Rubiales has not kept its commitments”, the company was forced to issue a statement that this was not true.
October 11, 2012 From a MinMinas press release. Translated and with commentary by Hydrocarbons Colombia
October 10, 2012
From a MinMinas press release. Translated and with commentary by Hydrocarbons Colombia
October10, 2012
NOTE: This is a high level summary for general interest. Anyone participating in the round should have the official documents translated from the original Spanish. We assume no responsibility for problems which might arise using this article as a basis for decisions or actions by those participating in the auction. The National Hydrocarbons Agency (ANH) has published an agenda for October 17, 2012, the day that participants in the 2012 Round will present their offers in Cartagena. The agenda is:
October 10, 2012
From a MinAmbiente Press Release. Translated and with commentary by Hydrocarbons Colombia
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