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ANLA touts role in account rendering

The National Agency of Environmental Licenses (ANLA) heralded its role in its annual 2016 account rendering session, and promised greater measures for citizens to participate early on in the formation of projects.

Monday, November 28th, 2016
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Mexico: The bloom is off the rose

Donald Trump’s eminent possession of the White House has the Mexican peso in a tailspin: it is down over 10% since election day. The President-elect is an external factor.

Monday, November 28th, 2016
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Crude oil netback trending positively

Crude oil netback trending positively

With all quarterly-reporting public companies now in our database, we can update our trend graphs for netback and average realized oil prices.

Monday, November 28th, 2016
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Canacol grows contracted sales, gets new infrastructure

Canacol grows contracted sales, gets new infrastructure

Canacol (TSX:CNE) announced significant increases in its contracted sales starting in December 2017 and December 2018, facilitated by new infrastructure.

Monday, November 28th, 2016
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Rubiales reversion helps ECP but…

Rubiales reversion helps ECP but…

We thought Ecopetrol (NYSE:EC) should have had a better 3Q16. This was the first full quarter of the reversion of Rubiales field and the NOC picked up the production that Pacific (TSX:PEN) used to get. Production did go up but not by much.

Thursday, November 24th, 2016
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Ecopetrol defends its legacy in Huila

Ecopetrol (NYSE:EC) defended its contribution and legacy in Huila after entering operation in the region in November 1994, in what appears to be an attempt to counter criticism from the USO workers union over the sale of smaller fields.

Thursday, November 24th, 2016
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Terpel to become a heavyweight in the lubricants industry

Colombian brand Terpel will benefit from an agreement between Chile’s Copec and ExxonMobil. Terpel’s revenues are 66% of Copec’s total production.

Thursday, November 24th, 2016
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Peace Process: The signing 2.0

As of this writing on Thursday, November 24 Farc and government representatives were set to sign the revised peace agreement in Bogotá, and submit the document to congress for approval. The ‘no’ opposition is demanding another referendum on the new agreement.

Thursday, November 24th, 2016
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Biofuel policy killing palm growers, says association

The palm growing sector which sources most of the raw material to refine biodiesel is close to “receiving its death certificate”, according to the Jens Mesa, the president of the association which represents the sector, Fedepalma,

Wednesday, November 23rd, 2016
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MinMinas makes appeal for industry to regulators

The Minister of Mines and energy German Arce made a call to keep the oil industry healthy and competitive during a presentation given at the International Forum of Regulatory Agencies 2016.

Wednesday, November 23rd, 2016
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