Oil transportation rates from Russia have skyrocketed due to the sanctions imposed on the country.
The Colombian Chamber of Oil, Gas and Energy (Campetrol) and the Colombian Petroleum Association (ACP) announced their outlook for development and exploratory drilling.
Brigitte Baptiste, Rector of EAN University, spoke about the country’s environmental challenges and the possibility of ending the oil sector.
US oil drillers have problems to find sand to use for fracking operations.
José Ignacio López, Executive Director of Economic Research of Corficolombiana, spoke about the behavior of the sector and expectations for oil production for this year.
The UK’s only two shale gas wells will be abandoned after the industry regulator ordered them sealed.
Wood Mackenzie discussed oil demand in its latest oil markets report.
The Colombian oil and gas industry is not facing its best moment, the outlook is not very encouraging.
Experts at JP Morgan Chase & Co analyzed what a US$150 a barrel price would mean.
Port associations have asked authorities to change the head of CorMagdalena, which is currently lead by Pedro Pablo Jurado.
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