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Better prices bring benefits

During the ninth ‘Construyendo País’ (literally: ‘Building our Country’) workshop, the Minister of Mines and Energy (MinMinas), María Fernanda Suárez, announced an increase to the royalties’ budget.

 

Tuesday, October 2nd, 2018
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Fracking debate

Fracking debate

Colombia continues to discuss the possibility unconventional techniques to increase oil reserves and production. Maria Fernanda Suarez, Minister of Mines and Energy (MinMinas), spoke on this topic in a debate.

Monday, October 1st, 2018
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“It is a perfect business”: smuggled fuel retailers

Fuel smuggling between Colombia and Venezuela has always been an issue and has recently escalated to historic levels. How does it work?

 

Monday, October 1st, 2018
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ANLA on Oripaya field

The National Agency of Environmental Licenses (ANLA) announced a technical team to follow up on the Ecopetrol (NYSE: EC) project Oripaya block located in the municipality of San Jose de Cucuta in the department of Santander.

 

Monday, October 1st, 2018
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USO talks about the Collective Agreement

The union reacted to the Agreement signed with Ecopetrol (NYSE:EC) and spoke on what is left to eventually discuss.

 

Monday, October 1st, 2018
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Under pressure

Under pressure

Based on a reader question, we decided to look at the available data on reinjected gas. That did not turn out to be easy, at least going back in time, (See Methodological Note) but did allow us to look at some other interesting questions like solving the looming supply gap.

Monday, October 1st, 2018
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The perception of scarcity

At the recent ACIEM Enercol Conference, there was a very interesting debate about the second regasification plant. Even I have to admit the bureaucrats made their case.

Monday, October 1st, 2018
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Oil prices over US$100?

Oil prices over US$100?

The oil price recovery has generated high expectations in the private and public sector due to its multiple benefits. Experts talked about the behavior of oil prices and its possible benefits for Colombia.

Thursday, September 27th, 2018
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New gas pipeline

The decline of natural gas fields in the Catatumbo region, which supplies this fuel to Cúcuta and its surroundings, worries authorities. This project could save gas service in the area.

 

Thursday, September 27th, 2018
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The cost of peace: ECP and USO

Ecopetrol (NYSE: EC) and the USO announced the new “Collective Labor Agreement” a couple of days ago. Both parties celebrated this pact, but this will represent an enormous cost for the NOC.

 

Thursday, September 27th, 2018
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