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Fuel prices inch up again in July

Fuel prices inch up again in July

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.

Wednesday, July 1st, 2015
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Gasnova warns about the cost of Illegal propane

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.

Wednesday, July 1st, 2015
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Cost overruns: Ecopetrol’s Achilles heel

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.

Wednesday, July 1st, 2015
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Gran Tierra increases 2015 Capex program

Gran Tierra increases 2015 Capex program

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.

Tuesday, June 30th, 2015
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Regional service companies suffering

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.

Tuesday, June 30th, 2015
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Roads Review: Local stakeholders discuss future of Paz de Ariporo roads

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.

Tuesday, June 30th, 2015
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