Campetrol’s Nelson Castañeda spoke about Fracking Pilot Projects (PPII), renewable energies and oil and gas reserves.
We do not have companies’ 1Q21 results but we can update our chart for 4Q20 and the trend we identified last time continues: higher Brent means a lower Vasconia offset. So a double benefit from higher Brent for Colombian E&Ps.
French bank Natixis plans to stop financing the trading of Ecuadorian crude oil by 2022.
Because the MinEnergia research institute (UPME) thinks we need more gas imports. We thought our readers might appreciate seeing some of the UPME’s graphs that, in their professional opinion, mean that another re-gasification plant is necessary. The source for all these graphs is the UPME. All we have done is translate the labels and titles – and provide commentary.
ACIEM talked about the project of a new regasification plant and its inappropriateness for the country.
The National Hydrocarbons Agency of Colombia (ANH) ruled on the elements of the Permanent Competitive Process (PPAA).
Vanti’s Rodolfo Anaya spoke about the company’s commitment to Vehicular Natural Gas (VNG).
Colombia’s export and investment promotion agency, ProColombia, launched a new campaign last week, “Colombia, The Most Welcoming Place in the World”. Also last week, Glencore was told by the National Mining Agency (ANM) that it could not leave.
Colombia’s largest oil union has joined anti-fracking activists to oppose the development of unconventional deposits.
The National Hydrocarbons Agency (ANH) ruled on the Fracking Pilot Projects (PPII).