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Barrancabermeja sees improved results despite problems

Record production from nearby fields, along with optimized contracts, processes and operations have helped the Barrancabermeja Refinery report operational profits, despite facing a rocky labor scenario within.

Thursday, August 27th, 2015
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Peace Process: Debate continues over agreements, “Congresito”

Havana chief negotiator Humberto de la Calle announced some of the options being considered for the development of agreements with the Farc and defended the “sovereign powers” of the executive to submit agreement proposals.

Thursday, August 27th, 2015
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Peace Process: Debate continues over agreements, “Congresito”

Havana chief negotiator Humberto de la Calle announced some of the options being considered for the development of agreements with the Farc and defended the “sovereign powers” of the executive to submit agreement proposals.

Thursday, August 27th, 2015
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Comparing oil price crises: not exactly the same

Comparing oil price crises: not exactly the same

We often get asked our opinion about where oil prices are going. If we could do that well, we would be trading not commentating.

Wednesday, August 26th, 2015
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Arata out at Pacific

Pacific Exploration & Production (TSX:PRE), formerly known as Pacific Rubiales, came out with the surprise announcement that its president and director, José Francisco Arata will retire from his position, effectively immediately.

Wednesday, August 26th, 2015
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If it is finished on time…

If the most recent timeframe for the Cartagena Refinery (Reifcar) is correct, the facilities will be finished six years behind schedule, expected to begin operation end-2015 or the first quarter of 2016 and would be the most modern refinery in Latin America. If it is finished on time.

Wednesday, August 26th, 2015
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Prices like in 2008, but not quite

Prices like in 2008, but not quite

The current fall in oil prices, and commodities in general, has plenty in common with the price crisis felt in 2008. But there are several key differences that show today’s situation is the end of a super-cycle for commodities.

Wednesday, August 26th, 2015
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ACP warns again, calls for long term plan

The Colombian oil industry is facing serious challenges for its long term future, and day-to-day fixes are not enough says the president of the Colombian Petroleum Association (ACP) Francisco Lloreda.

Wednesday, August 26th, 2015
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CSR Summary: GeoPark offers entrepreneurship workshops

GeoPark has helped develop training programs on IFRS standards, meanwhile the firm also has assisted in the coordination of an educational seminar on free competition. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.

Tuesday, August 25th, 2015
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Riopaila-Castilla ethanol plant almost online

Spanish agro-industrial firm Riopaila-Castilla will inaugurate its US$133M sugarcane ethanol plant at the end of the month in the municipality of Zarzal, in Valle de Cauca.

Tuesday, August 25th, 2015
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