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USO’s message to the industry

These are the union’s proposals for Ecopetrol (NYSE:EC), when it comes to handling layoffs amid the Covid-19 pandemic.

Tuesday, April 21st, 2020
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Terra incognita

Terra incognita

On Monday April 20th, WTI for May went into negative territory. Theoretically, oil companies would have to pay customers to take their May production. No one we spoke to could remember this happening before.

Monday, April 20th, 2020
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PPAA: Prequalified bidders

The National Hydrocarbons Agency (ANH) announced the prequalified bidders for the fourth window of the Permanent Competitive Process (PPAA).

Monday, April 20th, 2020
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Gran Tierra modifies 2020 financial plan

Just like other top global firms, Gran Tierra Energy (NYSE:GTE) announced modifications to its financial plans, amid the Covid-19 pandemic. Here are the details.

Monday, April 20th, 2020
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Industry and Legislative Decree

The government is seeking the industry’s help through the Legislative Decree 574, amid the health emergency.

Monday, April 20th, 2020
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Things were already slipping in 4Q19

Things were already slipping in 4Q19

We know that it is already the second quarter of 2020 and that companies will soon start publishing their 1Q20 results. But year-end results are always a little bit delayed and we have had other, higher priority things to write about. So here are our 4Q19 Netback graphs.

Sunday, April 19th, 2020
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Natural gas consumption falls

Natural gas consumption falls

The natural gas sector had a positive year in 2019, but the outlook radically changed in recent months due to the health emergency.

 

Thursday, April 16th, 2020
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USO talks Covid-19 in Ecopetrol

The union asked Ecopetrol (NYSE:EC) to include the spread of the Covid-19 among its workers in the list of occupational diseases.

Thursday, April 16th, 2020
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Ecopetrol’s plan to increase its cash flow

Ecopetrol (NYSE: EC) announced measures to increase its cash flow, amid the Covid-19 pandemic.

 

Thursday, April 16th, 2020
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Colombia and production cut

OPEC Members announced that they reached an agreement to cut oil production. Will the measure benefit Colombia?

 

Thursday, April 16th, 2020
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