Both gasoline and diesel prices will see a small increase in July, as observers speculate whether the entry of the Cartagena Refinery (Reficar) could translate into significant savings for consumers in the beginning of 2016.
The contraband market for producing and distributing propane is costing the formal industry millions a year and exposing consumers to undue risk, warned Evamaría Uribe, the president of the propane distribution association Gasnova.
Whether talking about the Cartagena Refinery (Reficar) or a planned ethanol plant of its affiliate Bioenergy, Ecopetrol (NYSE:EC) has shown a pattern of failing to keep its costs under control for large scale projects.
Gran Tierra Energy (TSX:GTE) said it has increased its 2015 Capex program by US$45M to US$185M for the year as part of a plan to accelerate development drilling in the Moqueta and Costayaco fields in the Putumayo Basin.
A press conference organized to show the advances of the Energy Oil & Gas Services Cluster of Orinoquia in conjunction with the Casanare Chamber of Commerce (CC) brought out some dire figures which show how hard the oil price crisis has hit Colombia’s regions.
Paz de Ariporo oil and agriculture producers discuss preservation of local roads while SENA raises awareness of road safety in Casanare. These and other stories in our periodic roundup of road-related issues.