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Colombia has a new MinAmbiente

President elect, Iván Duque, appointed Ricardo Lozano as the new head of the Ministry of Environment and Sustainable Development (MinAmbiente).

 

Tuesday, July 17th, 2018
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Production in June

Production in June

The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for June 2018. Crude increased compared to the same period last year, and gas showed positive behavior as well, surpassing the 1,000mmcfd barrier for second month in a row.

 

Monday, July 16th, 2018
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Geopark operational update

Geopark Limited (NYSE: GPRK) announced its operational update for the three-month period ended June 30, 2018 (“2Q2018”). The company reported good production performance and successful drilling activities in the Llanos 34 block during this quarter.

 

Monday, July 16th, 2018
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Fuel prices: another one of Duque’s challenges

Colombia’s National Biofuels Federation (Fedebiocombustibles) spoke about the challenges that the new administration has when it comes to downstream.

 

Monday, July 16th, 2018
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USO talks selling Ecopetrol

The union reacted to Fasecolda’s Jorge Humberto Botero’s proposal to sell the government’s shares in Ecopetrol (NYSE:EC).

 

Monday, July 16th, 2018
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BP Energy Statistics 2018: Looking at the Latin American energy market, Part 3

BP Energy Statistics 2018: Looking at the Latin American energy market, Part 3

In our final article based on BP’s update to its energy statistics, we look at a couple of topics we do not usually extensively cover in HCC: the domestic demand side, specifically refining and electricity generation, with a closer look at renewables.

Monday, July 16th, 2018
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Zomac’s: Tax Benefits and Infrastructure for Taxes

Bogotá’s Chamber of Commerce hosted an event where industry entrepreneurs and public entities talked about the Most-Affected Areas by the Conflict (Zomac). We attended and brought back comments from the industry as well as our own impressions.

Monday, July 16th, 2018
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Offshore projects impact in economy

Offshore projects impact in economy

The Colombian government is making an important commitment to promote the development of offshore projects and take advantage of the Caribbean Sea potential. This has generated high expectations in the Caribbean region of the country, especially in the department of Atlántico. There, leaders are discussing about how to leverage these opportunities and their risks.

Thursday, July 12th, 2018
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Trasandino pipeline blocked

Social unrest and insecurity continue to affect operations of oil companies and their facilities. This time, the Trasandino oil pipeline is affected.

 

Thursday, July 12th, 2018
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“We trust Colombia’s potential”: Davies

Australia’s ambassador in Colombia, Sophie Davies, spoke about the investments that her country will make in the national industry.

 

Thursday, July 12th, 2018
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