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.
Gran Tierra Energy (TSX: GTE) announced the firm’s 2017 year-end estimated reserves and prospective resources. McDaniel & Associates Consultants Ltd. was the reserves evaluator.
Official figures to evaluate Colombia’s development during 2017 are available; low economic growth, social protests and the breach of several presidential promisesshaped last year.
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