Last week, we picked up a news report saying the ANH was excluding offshore blocks from the upcoming bid round. Armando Zamora says they have not. Is there anybody going to listen to my story / All about the block that went away?
Last year when BP published its annual energy statistics, we published a pair of articles entitled suggesting that global warning is not the country’s fault because, despite being an oil and gas producer, its electricity generation is not based on fossil fuels.
According to Wikipedia, “Writer’s block is a condition, primarily associated with writing, in which an author is unable to produce new work or experiences a creative slowdown. This creative stall is not a result of commitment problems or the lack of writing skills.” Well, that last bit is some comfort at least. However, the article goes on to say “The condition ranges from difficulty in coming up with original ideas to being unable to produce a work for years.” Ouch!
We frequently mention that Colombian E&Ps have been unable to take advantage of the recent run up in prices because of social unrest and the resulting blockades. Investors seem to have noticed.
With oil prices rising seemingly week-after-week, some commentators have gotten excited by the fiscal implications. There may some short-term relief for tired taxpayers but the medium and long-term is challenging.
After a long absence, A Reader returns with a warning on sophistry and controlling the messaging in the climate debates. The economic consequences of an overreaction could be dramatic.
We updated our Netback charts based on 1Q21 results from major Colombia-focused publicly-traded E&P companies. This time we introduce a new chart showing how Production & Transport Costs vary with Average Realized Oil Prices.
New oilfield technologies could have political consequences if they upset the delicate balance between companies and communities.
We are updating our Covid-19 graphs for those who are not doing their own tracking but there will not be much commentary as the charts, unfortunately, speak for themselves.
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