Presidential pre-candidate Gustavo Petro spoke about the first decision he would make regarding the contracting of oil exploration, in case he becomes President.
The Deputy Director of Hydrocarbons for the Mining and Energy Planning Unit (UPME), Carolina Cruz Carvajal, spoke about Colombia’s Mining and Energy Plan 2050.
Last week was the big show – the biggest oil and gas conference of the year – the IV Oil and Gas Summit, once again held virtually (apart from a presidential pre-candidates’ debate). The mood was generally positive but the elephant in the room, that almost no one talked about, hung over most of what was said.
Experts from the oil sector spoke about the economic reactivation during the oil and gas summit.
Colombia is using drones to update cartographic data of the territory.
Our title seems contradictory but the statistics are that Vasconia rose in 3Q21, pulled by higher Brent, but the discount deepened so it slipped relative to previous quarters, as the graph clearly shows.
Minister of Mines and Energy (MinEnergia) Diego Mesa talked about this year’s production target, economic reactivation, the signing of new contracts and expectations for the next oil round during the IV Oil and Gas Summit.
We have been tracking futures traders’ expectations of average Brent in 2025 for several years now. For a long time, these were falling but the trend has now reversed.
Oscar Diaz Martinez, President of the Board of Directors of ACIPET, spoke about hydrogen.
President Iván Duque announced that Colombia has declared 16 million maritime hectares as protected areas.