While searching for something else, our Analyst stumbled upon an update of the ANH’s oil reserves by department. He came up with some interesting graphs.
The possible loss of energy self-sufficiency in Colombia has been one of the main discussion topics in recent years. Promigas wrote a report on natural gas reserves and important issues in the market.
Colombia needs to increase its reserves to solve concerns about self-sufficiency in the long term and the sector is working to achieve it. Parex Resources (TSX: PXT) announced a new discovery in the Capachos block.
Dinero, one of the most important business newspapers in Colombia, spoke with Julio Cesar Vera, president of the Colombian Association of Petroleum Engineers (Acipet), about issues that have been considered ‘controversial.’
Colombia continues to discuss about alternatives to guarantee energy self-sufficiency in the long term. The country has great potential to increase its gas production and the Caribbean is positioned as one of the main regions for the future of this fuel.
The National Hydrocarbons Agency (ANH) spoke about the Permanent Competitive Procedure System, approved on August 6th, 2018.
We hit a new record for articles about fracking (pro and con) for a single week. There were more articles both pro (25) and con (33) than we had ever seen in a single week for the combined total (21) but the Fracker Tracker slipped further into the red.
Francisco José Lloreda, President of the Colombian Petroleum Association (ACP), spoke about important issues for the oil sector such as production, royalties and popular referendums among other issues in an interview for the business paper Dinero.
General Comptroller, Edgardo Maya, warned about the risks of implementing fracking in Colombia, reopening the controversy on the subject.
The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for July 2018. The good trend continues, as the industry reported more rigs working in this period compared to July 2017 and previous month.
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