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Regulations & Policy

Oil sector operating costs in Colombia 2017

Oil sector operating costs in Colombia 2017

A few weeks ago, the ACP published a study on operating costs, which we thought would be of considerable interest to our readers. The Association has graciously given us permission to translate it to English and publish.

Sunday, February 25th, 2018
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ANLA denies environmental license to Hocol

ANLA denies environmental license to Hocol

Getting an environmental license is one of the challenges that oil companies must overcome to develop their plans. The National Environmental Licensing Authority (ANLA) has been quiet over the past several months, but recently published a decision concerning a project of Hocol S.A.

Thursday, February 22nd, 2018
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Legal struggles continue over Gran Tierra’s ‘El Porton’ project

The appointment of a consultant and costs of the popular action have become an issue in the judicial process involving Gran Tierra (TSX:GTE).

Thursday, February 22nd, 2018
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“I want an economy that does not depend on mining and oil activities”: Petro

Presidential candidate Gustavo Petro proposed a total change to Colombia’s economic model, where oil and mining activities are replaced by a productive agro industrial economy.

Wednesday, February 21st, 2018
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ANIF on petrochemical value chain

The Center for Economic Studies of the National Association of Financial Institutions (ANIF) conducted a study on the petrochemical value chain in 2017, and its future perspectives under the direction of Sergio Clavijo and Alejandro Vera and Juan Diego Londoño’s collaboration.

Wednesday, February 21st, 2018
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Experts on Colombian economy

Colombia faced hard times in recent years, but it seems like it survived. Projections are positive but conservative and different experts talked about the country’s economic challenges to growth.

Tuesday, February 20th, 2018
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CREG’s new commissioners

The Minister of Mines and Energy (MinMinas), Germán Arce, appointed two engineers as expert commissioners in the Energy and Gas Regulatory Commission (CREG).

Tuesday, February 20th, 2018
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Senior management changes

Frontera Energy Corporation (TSX: FEC) and PentaNova Energy Corporation (TSXV: PNO) announced changes in their executive positions.

Monday, February 19th, 2018
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How dependent are we?

How dependent are we?

Recently, Ecopetrol (NYSE:EC) got the public’s attention about the violence in southern Meta with a ‘gee whiz’ estimate of how much oil production was at risk. That got our Analyst thinking about production concentration and risk.

Monday, February 19th, 2018
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Time keeps on slippin’, slippin’, slippin’ into the future

The Sinu San Jacinto bid round was announced with great fanfare on September 12th, 2017. The auction was supposed to have completed before the end of that year. Now, quietly, the date keeps slipping.

Monday, February 19th, 2018
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