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Reficar fully operational

The Cartagena Refinery has reported all 34 of its production units are now up and running, completing the startup phase and the controversial expansion of its capacity.

Tuesday, July 19th, 2016
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Blockades, protests a headache for many major projects

The oil industry is not the only sector to suffer from constant blockades and protests. Mining projects, electrical lines and new highways have all suffered delays due to an increasing conflictive community relationship.

Tuesday, July 19th, 2016
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A new use for royalty money

A new law signed by President Juan Manuel Santos will allow departments to apply royalty funds to bills for additional health care, and cover outstanding debts with service providers and insurers, an area where a number of departments are suffering financially.

Tuesday, July 19th, 2016
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15 inactive fields costing 20mbd in lost production

15 inactive fields costing 20mbd in lost production

Low prices have led to a number of closures and cutbacks in the oil industry’s investments and productions. According to numbers from the National Hydrocarbons Agency (ANH), this combined impact has shuttered 15 fields and represents a loss of 20,000bd on average.

Tuesday, July 19th, 2016
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Colombian stocks still discounted…but better result without PRE

Colombian stocks still discounted…but better result without PRE

We updated our Quick Colombian Committed Producers Share Price Index for 2Q16 and things are looking better.

Monday, July 18th, 2016
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ANH says its ‘Territorial Strategy’ is the answer to social conflict

I was invited to the recent launch of four academic reports on the Colombian countryside, commissioned by the National Hydrocarbons Agency (ANH), coordinated and paid for by the United Nations Development Program (UNDP in English, PNUD in Spanish).

Monday, July 18th, 2016
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