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Blockades decreased in 2016

Blockades decreased in 2016

Protests have affected the oil industry significantly over the past several years. However, blockades against the industry decreased last year, compared to data from 2015. The Colombian Petroleum Association (ACP) provided the data.

Tuesday, January 31st, 2017
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Traders remain nervous about oil prices

Traders remain nervous about oil prices

We use weekly closing oil prices in our database so, for our purposes, January ‘ended’ last Friday. Prices were essentially flat but the graph shows that traders are deeply suspicious about where they are going in the medium and long-term.

Monday, January 30th, 2017
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USO not happy about Ecopetrol decisions

Frictions between Ecopetrol (NYSE:EC) and the USO in Cartagena, as well as USO Barrancabermeja’s negotiations with Gasoriente were two of the biggest news items of the week. The union is not happy about the NOC’s latest decisions. Shocking!

Monday, January 30th, 2017
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Pacific E&P has new CEO

Pacific Exploration & Production Corp. (TSX: PEN) announced the appointment of Barry Larson as new CEO. The company´s new head will start working February 20, 2017.

Monday, January 30th, 2017
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Things are not looking good at Bioenergy

The situation at Bioenergy is turning unsustainable. A group of locals hindered operations in the ethanol plant once again.

Monday, January 30th, 2017
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Going out on a limb…

Rather than scatter my predictions over a number of articles, I decided to consolidate them in one. At the very least, it will be easier to check how I / we did next January.

Monday, January 30th, 2017
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