The oil sector has presence in several regions of the country. Oil production in Colombia showed stable performance during 2017, but which are the main producing municipalities? Here are the top 10 oil producers during last year.
The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for December, 2017. This metric decreased compared to November figures, breaking a positive trend of 19 months.
According to the CEO, this year started with a bitter sweet feeling for the industry; better international prices, but attacks against oil infrastructure. He also said that fracking is a good option to increase reserves.
The National Administrative Department of Statistics (DANE) reported on transport costs and the main factors that influenced their behavior during 2017.
The National Army, the Police and the National Tax and Customs Police (Polfa) announced successful operations in different departments of the country regarding the confiscation of smuggled fuel. The development of these and other stories in our periodic Security summary.
Uruguay remains the country with the highest prices, while Venezuela still has the lowest.
The Ministry of Energy and Mines announced the appointment of a new vice minister of energy, Alonso Cardona Delgado.
Frontera Energy Corporation (TSX: FEC) announced its 1Q18 production target and other goals for this year. The company highlighted that it achieved exit rate production after royalties during December 2017.
The union spoke about negotiation dates for this year, and revealed the names of the leaders that were chosen as advisers during the process of organizing and drafting USO’s list of demands.
The Farc process is officially in the post-conflict phase and, despite stories of implementation failures on both sides, the UN Secretary General has given this a clean bill of health. But peace with the ELN is an entirely different story.
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