I have a deserved reputation for being a curmudgeon – always complaining – but looking at the statistical evidence, and listening to the industry, 2018 could shape up to be a good year. I am – shock! horror! – optimistic.
Oil production in Colombia showed stable performance throughout 2017, but how have the main operators and producers in the country fared? We check our database to analyze their production metrics.
Last year marked a milestone for the industry because propane supply was not enough to fulfill the national market. This year, the industry expects to reverse that trend with Ecopetrol’s (NYSE: EC) help.
The constant increases in gasoline prices generate much discussion and social discontent in Colombia. Prices increased substantially during the past year compared toannual inflation in percentage terms.
The National Authority of Environmental Licenses (ANLA) trained more than 300 employees in the management of contingencies in industry projects.
This graph started – as many do – in response to a question from a subscriber: “Can you relate oil prices to investment?” It was easy to do the graph from our databases, but we did not expect the result to be so definitive.
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