News and AnalysIs for

Anderson Castro, Masters in Chemistry from the National University, explains why leveraging natural materials like clay might benefit the industry.

Transparency International recently published its Corruption Perception Index (CPI). Boards and ethical investors will be paying attention. After the scandals of recent years, corruption has become a key issue with voters as well.

An anonymous reader sent me an email about our article on Venezuela from a week or so ago. He disagreed with the ACP’s conclusion that turmoil in Colombia’s neighbor was a big opportunity for our oil and gas sector. I concur with him.

Oil production in Colombia showed stable performance throughout 2018, but the National Hydrocarbons Agency (ANH) has not reported information per field for the last two quarters of the year. However, the agency recently reported 2Q18 figures per field and we updated our database to analyze oil companies’ production metrics.

Frontera Energy Corporation (TSX: FEC) announced an important agreement with Parex (TSX: PXT) to develop exploration and development activities in the Lower Magdalena Valley (VIM). In addition, the firm carried out an investor day in Bogotá.

Ecopetrol (NYSE:EC) will welcome six new vice-presidents who will take office as of March 1^st.

President Duque insisted that the Cuban government should capture ELN members that are currently in Havana, but the international community thinks otherwise. Here are the details.

Geopark (NYSE: GPRK) announced its oil and gas reserves certified independently by DeGolyer and MacNaughton Corp.  (D&M) under PRMS methodology. The firm pointed out that its 1P, 2P and 3P reserves increased in 2018.

The National Hydrocarbons Agency (ANH) announced measures on the Permanent Competitive Process (PPAA), which has generated expectations among the companies of the oil sector.

According to official reports from the neighboring country, the armed group controls illegal gold markets in Venezuela to help finance its ‘revolutionary cause.’