With everyone having reported 3Q17 financial results, we can do our quarterly look at prices and netbacks. The interesting result is that estimated oil netbacks have risen to the point where they are tied with gas netbacks.
Prior consultations have generated headaches for several companies in different sectors. Some entrepreneurs talked about the adjustments needed to regulate these popular mechanisms.
The Colombian oil sector faced tough years recently as a result of low prices, but it seems things are slowly improving. Several representatives of the industry talked about the industry.
GasColombia’s Promigas has ambitious plans for Latin America, as the company is analyzing entry to a number of gas markets. Representatives of the firm talked about the international strategy.
he Colombian Association of Petroleum Engineers (Acipet) filed an injunction against the Resolution that recognizes a local citizen as the promoter of a Popular Consultation in Hato Corozal (Casanare).
The Inter-American Development Bank (IDB) wants to create communication channels between the Government, companies and civil society to allow the sustainable and profitable development of industry projects.
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