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Canacol CEO explains shift to gas

In 2012 Canacol Energy (TSX:CNE) made a shift away form crude production to natural gas after buying Shona Energy. Its CEO Charle Gamba said at the time the idea was to gain a bit of stability, and today that decision has paid off.

Wednesday, April 13th, 2016
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US$45 barrel price needed to reactivate exploration

US$45 barrel price needed to reactivate exploration

Although there has been a slight recovery of oil prices to the high US$30 range, analysts believe that Colombian operators need prices at US$45 or higher to reactivate stalled exploration activity.

Wednesday, April 13th, 2016
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More details on UPME gas pipeline plan

The Energy and Mining Planning Unit (UPME) has been moving forward with plans to tender the expansion of gas pipelines to improve the supply of the gas, and now details on the organization of the eventual network have emerged as well.

Tuesday, April 12th, 2016
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O’Hara joins PRE complaint

The shareholder dispute over the restructuring of Pacific Exploration & Production (TSX:PRE) took another turn after its second largest shareholder O’Hara Administration joined a complaint filed by minority shareholders with Colombia’s financial regulator to block a potential deal. Management responded with a lengthy update and defense of the restructuring process.

Tuesday, April 12th, 2016
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CSR Summary: Backing the students

Ecopetrol (NYSE:EC) has opened its application process to accept university and technical students for company internships, and a university scholarship program from Gases de Occidente shows off some of its results. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Tuesday, April 12th, 2016
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De la Mora resigns from ANH

The president of the National Hydrocarbons Agency (ANH) Mauricio de la Mora abruptly resigned last week, saying officially that his work at the ANH has been accomplished.

Monday, April 11th, 2016
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