Ecopetrol (NYSE:EC) was ranked 454 among the 500 most valuable brands in the world in 2017. This is three positions above last year’s rank, where the NOC was number 457 in international Brand Finance’s classification.
Colombian authorities are betting on offshore projects to cover at least part of the natural gas supply gap in next decade. Several companies have shown interest in this kind of project in Colombian waters.
The Colombian Association of Oil Engineers, Acipet celebrated Journalists’ Day and HCC attended the event. Topics such as the current labor situation for oil engineers, the industry’s projections for 2017 and fracking were discussed.
Friction between USO’s directives and Ecopetrol (NYSE:EC) continues to dominate the Union’s press statements. USO’s president said Ecopetrol keeps on harassing its members, and disagreements between Independence Drilling, the NOC and workers in Putumayo can escalate into a social conflict if a solution regarding better working conditions is not reached by the end of the week.
A few weeks ago, we questioned the feasibility of MinMinas’ 2017 crude production target of 875mbd. No one jumped on us – or, frankly, congratulated us for our insightful analysis.
This past weekend, a friend of mine who is not in the industry asked me what exactly our newsletter talks about. So I gave the elevator pitch and that got me thinking about why we choose these topics.
Colombia is optimistic about increasing its production offshore. Ecopetrol (NYSE: EC) announced that it will start drilling an offshore well in the second quarter of this year. The NOC becomes the first Colombian oil-company to carry out an offshore hydrocarbon project on its own.
A report in La República shows the price per cubic meter (m³) that Colombians pay in each department. Servicio Públicos y Gas S.A., a small company located in Tolima, surpasses over three times some other companies in the same department.
Inhabitants of five villages in Guamal held a peaceful strike to protest against the construction of the Trogon platform, to be developed by Ecopetrol (NYSE:EC) and Repsol (MSE:REP).
After the ELN liberated former congressman Odin Sanchez, along with several soldiers, and the government released two guerrilla members, peace dialogues started in Quito, Ecuador
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