We have been tracking the Vasconia offset to Brent for several years now and we have been trying to find some sort of simple rule or even a simple explanation. The latest figures suggest things are smoothing out.
On Tuesday, August 31st, we shut down the Hydrocarbons Mexico newsletter, principally because the country elected a populist (AMLO) who is re-monopolizing the entire value chain, upstream and downstream. A year from now, we will have a new government in Colombia and the current front runner is a populist (Gustavo Petro) who says he will suspend oil exploration.
A group of Colombian congressmen will file yet another bill that contemplates the prohibition of fracking in the country.
Acipet’s Oscar Diaz spoke about the government’s measures to promote natural gas as a transition fuel.
The Inspector General’s Office on the monitoring of projects financed with royalties done by the Directorate of Information, Analysis and Immediate Reaction (DIARI).
Three multinational oil companies that operated in Casanare could be forced to pay a considerable amount in royalties due to a possible error in the calculation.
The Ministry of Energy (MinEnergia) announced the collection of royalties from the extractive sector in the first half of this year.
Barranquilla will become the protagonist of the country’s oil reactivation, says the Mayor’s Office.
The presidential campaigns for 2022 have started and Senator and perennial candidate Gustavo Petro announced a controversial proposal related to the oil sector.
I just got back from an extended “stay-cation” in Eastern Canada, mostly spent with my family. But an evening with friends that go back to university days, reminded me just how controversial our industry is today.
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