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Working rigs drive production, right?

Working rigs drive production, right?

A reader asked the not-so-innocent question “If rigs are up so dramatically, why is not production?” That seemed like an interesting graph.

Thursday, November 23rd, 2017
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“Gas stations are bankrupt due to fuel smuggled from Venezuela”: Police

Gas station owners in La Guajira said that as a result of lack of State presence in the department, fuel smuggling escalated to important levels and made them declare bankruptcy. The development of these and other stories in our periodic Security Summary.

Thursday, November 23rd, 2017
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“Companies must return over CoP$13T to the State “: Robledo

Senator Jorge Enrique Robledo spoke about the annulation of concept 015766/05 of the Directorate of National Taxes and Customs of Colombia (DIAN).

Wednesday, November 22nd, 2017
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Barranquilla member of WECP

Barranquilla wants to become a reference city for the Colombian energy sector and it seems like the city is on the right track. The World Energy Cities Partnership (WECP) announced an important decision about Barranquilla.

Wednesday, November 22nd, 2017
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ECP investment plan 2018

ECP investment plan 2018

The sector is showing a recovery in almost all its metrics, and this has been a good year for oil companies. This situation is increasing expectations for the coming year. Ecopetrol (NYSE: EC) announced its investments plans for 2018.

Wednesday, November 22nd, 2017
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Gran Tierra and Ecopetrol talk about their CSR projects

Canada’s Ambassador, Marcel Lebleu, visited Putumayo to check in on the projects that Gran Tierra Energy (TSX: GTE) and the International Development Cooperation Society (Socodevi) are developing in the department. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Wednesday, November 22nd, 2017
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“Foreign ethanol is doing an immense damage to Colombia”: Robledo

The senator wants to stop ethanol imports from the US because according to him, they do not contribute to the reduction of greenhouse gas emissions. The development of these and more stories in our periodic Eco summary.

Tuesday, November 21st, 2017
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Rig count keeps positive trend

Rig count keeps positive trend

The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for October. This metric maintains its positive trend, despite operating challenges in the country.

Tuesday, November 21st, 2017
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Gas Natural Fenosa leaves the Colombian gas market

GasThe Spanish firm owned 59.1% of the company, while Empresa de Energía de Bogotá (EEB) has 25%. The rest is floating on the stock market.

Tuesday, November 21st, 2017
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ECP renewable energies plan

Ecopetrol (NYSE: EC) is making decisions to boost the use of renewable energies in the country. The company might be planning a big project on this issue.

Tuesday, November 21st, 2017
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