Search for your article of interest

Categories

Price Impact: Covering the fiscal hole

Price Impact: Covering the fiscal hole

The government will see a dramatic drop of CoP$20T in income coming from the oil industry that will leave a mark on its budget for 2015. This drop represents two thirds of the CoP$30T it received from the oil industry in 2013. This and other stories on the impact of the fall of prices in our periodic summary.

Tuesday, May 5th, 2015
Usefulness:

ANH plans to change “rules of the game”

The new president of the National Hydrocarbons Agency (ANH) Mauricio De la Mora gave his most complete interview to date, and said that the agency is planning to adjust its policies based on the current market conditions.

Tuesday, May 5th, 2015
Usefulness:

Gas reserves fall, demand grows, so does price

GasThe growing demand for natural gas in Colombia coupled with a fall in reserves will mean significant increases in the price of gas going forward, and the potential need to import the resource, says a report from the Mining Energy Planning Unit (UPME).

Monday, May 4th, 2015
Usefulness:
The Army steps up

The Army steps up

Incident counts were up significantly at 33 but this was entirely due to increased Armed Forces activity as the graph shows.

Monday, May 4th, 2015
Usefulness:

USO/Weatherford reach agreement, strikes start up in Huila

USO affiliated workers with oil services firm Weatherford (NYSE:WFT) came to an agreement ending a nearly month long strike.

Monday, May 4th, 2015
Usefulness:

Campetrol, CCC sign cooperation agreement

The Colombian Chamber of Oil Goods and Services (Campetrol) and the Casanare Chamber of Commerce (CCC) signed an agreement as part of the new Oil & Gas Orinoquia services cluster to improve communication and cooperation.

Monday, May 4th, 2015
Usefulness:

Inner Circle Monthly Report for May 2015

Our opinion this month comes from the ACP’s Francisco José Lloreda on how the current crisis will negatively impact Colombia’s broader goals. Too bad we have only seen this expressed in the industry press and not where voters would see it.

Friday, May 1st, 2015
Usefulness:

Peace Process week of April 27: Moving on

In Havana, government negotiators and the FARC have returned to negotiations in the 36th round of talks, while Senator Alvaro Uribe has taken a much warmer position on the government’s handling of the peace talks.

Thursday, April 30th, 2015
Usefulness:

ANH contract relief included in PND

The National Development Plan (PND) now includes specific measures which allow the National Hydrocarbons Agency (ANH) to adjust the contract timeframes and specific investment parameters in order to protect production and reserve growth, and a measure to stabilize natural gas prices.

Thursday, April 30th, 2015
Usefulness:

TGI, Promigas planning new gas infrastructure

In light of new discoveries in departments like Sucre while supply from La Guajira declines, gas transporters TGI and Promigas both have significant investment plans to expand the gas infrastructure network. Both still await authorities to take bigger steps forward.

Thursday, April 30th, 2015
Usefulness: