Sitting around the HCC editorial offices on Friday afternoon, the Analyst was looking for something to write about for this week’s column. He was suffering a rare case of writer’s – or better – analyst’s block.
I was at the ANH/Semana Forum on offshore exploration last week. It was worth attending although more directed at the general public than the industry.
The USO continues with its preparation in different regions ahead of a planned general strike of its large base of affiliates employed by Ecopetrol (NYSE:EC).
In an article last week on the new Ecopetrol (NYSE:EC) strategic plan for 2020, we remarked on the NOC’s pessimism. The same picture appears when looking at reserves.
There is great uncertainty on many levels about the near and midterm future for the industry but the government still has three lifelines that it could offer to the industry to foster activity and investment.
The State Council ordered the halt of a citizen referendum on mining activity planned for Ibagué on October 30th, following an injunction filed by a representative of the Mining and Hydrocarbons Association of Tolima.