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Santander’s fight against fuel smuggling

Because fuel smuggling has turned into a big problem in Santander, local authorities have been forced to double surveillance and operatives in the department to control it. The development of these and other stories in our periodic Security Summary.

Wednesday, May 17th, 2017
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ECP plans to buy oil reserves

Ecopetrol (NYSE: EC) has reported good financial performance, despite low prices and less production. The company announced that it has cash to buy oil reserves abroad.

Wednesday, May 17th, 2017
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Most producing regions must change their POT

The National Planning Department (DNP) made the recommendation to the mining and oil municipalities of the country.

Tuesday, May 16th, 2017
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Parex production increased again

Parex production increased again

Parex Resources Inc. (TSX: PXT) announced its financial and operating results for 1Q17. The oil firm reported production growth and good financial performance in this period.

Tuesday, May 16th, 2017
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New attack against Ecopetrol’s facilities

A new attack against the NOC’s facilities took place in El Triunfo village, in Acacias (Meta.)

Tuesday, May 16th, 2017
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The royalties’ model must change, says Perry

Guillermo Perry Rubio, former MinMinas, talked about the royalties’ model in the country in an interview with Portafolio. He said that the government must make changes to boost the sector and follow the example of other countries in the region.

Monday, May 15th, 2017
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Argentina’s Hydrocarbons Industry Part 1: In constant shift

Flights to Buenos Aires are busier lately and the reasons have little to do with soccer, tango or media-lunas. So our readers can understand this phenomenon better, we have a two overview articles.

Monday, May 15th, 2017
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Argentina’s oil sector at a glance

Argentina’s oil sector at a glance

To accompany Part 1 of our series on the Argentine hydrocarbons industry, we have a number of graphs that will illustrate some of the points.

Monday, May 15th, 2017
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Canacol bets on gas

Canacol Energy could abandon its oil business entirely and concentrate on supplying Colombia’s growing natural gas demand, as the outlook for oil prices remains uncertain.

Monday, May 15th, 2017
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ECP reported “operational excellence”

ECP reported “operational excellence”

Ecopetrol (NYSE: EC) presented its first quarter 2017 results. The company had a significant net income increase and good operational performance. The firm is optimistic about this year.

Monday, May 15th, 2017
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