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Blockades on the rise in 2015

Community conflict and blockades have been a recurring problem over the last two years, but in 2015 the number of blockades has spiked considerably.

Tuesday, May 26th, 2015
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Fracking projects unlikely with current oil price

Unconventional production might be a solid pillar of the government’s strategy to grow reserves, despite reservations from environmentalists. But fracking’s biggest opposition comes from the low price of oil.

Tuesday, May 26th, 2015
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Violence flairs in Rubiales field, USO says not involved

The USO says it had nothing to do with a recent attack at the Rubiales and Quifa fields that left infrastructure damaged and vehicles burned, and called for a peaceful dialogue.

Monday, May 25th, 2015
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Senate commission reviews sector

The Senate’s Fifth Commission held a six hour debate that included ministers and Ecopetrol (NYSE:EC) president Juan Carlos Echeverry, but failed to reach any conclusions.

Monday, May 25th, 2015
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Price Impact: Where will the price go next?

Price Impact: Where will the price go next?

With a light recovery in oil prices over the last week and a weaker dollar, there has been plenty of speculation over where the price of oil will end up in the next two years. Also in Casanare, authorities say royalties have fallen more than 80% due to the oil price crisis. These and other stories in our periodic roundup.

Monday, May 25th, 2015
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Indian Oil Minister sees opportunities in Colombia

India’s Oil and Gas Minister Dharmendra Pradhan made a visit to Colombia as part of a strategy to increase its imports from Latin America, opening the possibility of building a cutting edge refinery to help guarantee its supply.

Monday, May 25th, 2015
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Venezuela planning to start gas exports to Colombia in 2016

GasVenezuelan NOC PDVSA may be finally ready to reverse the flow of gas and export to Colombia in January 2016. Take it with a Bolivarian grain of salt.

Thursday, May 21st, 2015
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Oil firms, Canadian government advance with agribusiness plan

Showcased as one of the strategies to mitigate the impact of the fall in oil prices on producing regions, oil firms, in conjunction with the Canadian government, have invested in seven initiatives that generate opportunities for the agribusiness worth a total of US$76.2M.

Thursday, May 21st, 2015
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Peace Process week of May 18: Santos appoints new Defense Minister

President Juan Manuel Santos shook up his team with a clear eye on the peace talks in Havana, bringing in the current ambassador to the US Luis Carlos Villegas, who will replace Juan Carlos Pinzón as the Defense Minister. Meanwhile, Pinzón will take Villegas’ place as the US ambassador.

Thursday, May 21st, 2015
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Cenit transported volume up despite attacks

Cenit transported volume up despite attacks

Ecopetrol’s (NYSE:EC) transport and logistics spin off Cenit saw an increase in its transported volume in 2014 despite standing out as one of the guerrilla’s favorite targets in the same year.

Thursday, May 21st, 2015
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