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Vasconia discount falls again

Vasconia discount falls again

There was a ‘tempest in a teapot’ the last week or so about the ANH’s use of WTI reference points for the Permanent Assignment Process. The ‘usual’ way of talking about prices in Colombia is Brent. But the bulk of Colombian crude is much heavier than either. The country has its ‘own’ blends but the one that we can get data on is Vasconia.

Thursday, June 6th, 2019
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Naturgas welcomes VNG trucks

Naturgas’ Orlando Cabrales spoke about the arrival of more than 100 tanker trucks fueled by Vehicular Natural Gas (VNG).

 

Thursday, June 6th, 2019
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Court denies anti-oil referendum in Tauramena

The boom in referendums jeopardized industry activities around the country. This issue has been calm during this year, but some processes are still underway. The Administrative Court of Casanare ruled on a consultation in the municipality of Tauramena.

Thursday, June 6th, 2019
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“Ecopetrol is taking steps towards the privatization of its pipelines”: USO

According to the union, Ecopetrol’s (NYSE:EC) management is letting go hundreds of personnel from the company’s Transport Vice-presidency (VIT) area. Here are the details

 

Thursday, June 6th, 2019
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Geopark operational update

Geopark operational update

Geopark Limited (NYSE: GPRK) published a portfolio activity update with new operational successes in its Latin American asset platform.

Wednesday, June 5th, 2019
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Is Colombia running out of royalties?

The Minister of Mines and Energy (MinMinas), María Fernanda Suarez, spoke to El Espectador about the potential risk that the country’s royalties’ budget might be under, if oil reserves continue to deplete.

 

Wednesday, June 5th, 2019
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ANLA’s requests to ECP and OXY

The National Environmental Licensing Agency (ANLA) reported on the follow-up process to Ecopetrol (NYSE:EC) and Occidental Colombia’s (OXY) projects.

 

Wednesday, June 5th, 2019
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Cleaner diesel?

Air pollution in major cities has generated much discussion in Colombia. This is what authorities proposed to improve Ecopetrol’s (NYSE: EC) fuel quality.

 

Wednesday, June 5th, 2019
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First blocks (almost) awarded in 5 years

First blocks (almost) awarded in 5 years

The National Hydrocarbons Agency’s (CNH) first “window” of the Permanent Competitive Process (PPAA) took place in Bogotá. HCC attended the event.

Tuesday, June 4th, 2019
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What will happen with the FEPC?

Experts are concerned about the future of the Fuel Price Stabilization Fund (FEPC), which could reach a CoP$19B deficit this year.

 

Tuesday, June 4th, 2019
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