Search for your article of interest

Categories

National USO says Ecopetrol “sent a declaration of war to USO”

The USO said Ecopetrol (NYSE:EC) management’s actions are a clear “declaration of war” on their movement, and that they leave the union no other option but to respond to them in an aggressive way. The Union called for a national strike to reject the NOC’s management ‘aggressive’ actions towards social leaders.

Monday, April 24th, 2017
Usefulness:

“We expect investments of US$300M in offshore projects”: Max Torres

GasEcopetrol’s (NYSE:EC) Exploration Vice President, Max Torres, said that gas discoveries in offshore wells could help meet domestic demand, since a gas deficit is expected by 2021.

Thursday, April 20th, 2017
Usefulness:
Naturgas President highlights offshore exploration projects

Naturgas President highlights offshore exploration projects

GasOrlando Cabrales, President of Naturgas, said that the sector’s offshore plans for this year are historical for the country. The industry is optimistic about the possible results of these projects.

Thursday, April 20th, 2017
Usefulness:

Big investments in Magdalena River for crude transport

The sector is investing in oil transportation infrastructure in the country. The industry is betting on transporting at least some of the crude through the Magdalena River.

Thursday, April 20th, 2017
Usefulness:

ELN will continue to kidnap to “finance their revolutionary activities”

Earlier this week, ELN said actions needed to be taken soon to reduce the intensity of the conflict. However, the guerrilla’s actions are showing the opposite of what they say they want.

Thursday, April 20th, 2017
Usefulness:
The magic formula does its magic once again

The magic formula does its magic once again

The graph shows fuel producer prices – what Ecopetrol (NYSE:EC) receives – which are unaffected by the so-called “Green Tax”. We think the graph shows Colombians are still paying too much although the gap has reduced somewhat.

Wednesday, April 19th, 2017
Usefulness:

CREG Director talks about regasification plants

Germán Castro, Executive Director of the Energy and Gas Regulatory Commission (CREG) spoke about regasification plants in Colombia, the government’s priorities and the sector’s perspectives on this.

Wednesday, April 19th, 2017
Usefulness:

Gasnova says propane demand going up

Alejandro Martínez Villegas, President of the propane distribution association (Gasnova), is optimistic about the future of propane in the country. He mentioned that the construction of the new plant in Cartagena is vital to guarantee supply.

Wednesday, April 19th, 2017
Usefulness:

Government studies proposals to modify the SGR

Apparently, everyone has an idea to modify the National General System of Royalties (SGR.) Projects to assign the budget required to re construct Mocoa and to allow the territorial National Pension Funds (FONPETs) to use their spare budget in social investment programs.  These and other stories in our periodic Royalties summary

Wednesday, April 19th, 2017
Usefulness:
Hydrocarbons Foreign Direct Investment decreases

Hydrocarbons Foreign Direct Investment decreases

Colombia’s Central Bank released 1Q17 Foreign Direct Investment (FDI) numbers for the country and it decreased in the oil sector.

Tuesday, April 18th, 2017
Usefulness: