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Hocol moves forward with La Macarena exploration

Hocol moves forward with La Macarena exploration

E&P firm Hocol says that it will drill an exploration well, named “Pegaso”, in the CPO 16 block, located in La Macarena, Meta, near the area where an exploration program of Hupecol caused widespread controversy and a revoked license.

Tuesday, August 23rd, 2016
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CSR Summary: MinMinas restarts regionalization workshops

The Ministry of Mines and Energy (MinMinas) has restarted a regionalization program to improve dialogue between the government, industry and communities in five municipalities in Caquetá. This and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Tuesday, August 23rd, 2016
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The Yellow Brick Road to Hell is Paved with Good Intentions

A personal reflection the system for distributing royalties from non-renewable resources, to be read (preferably out loud) as a children’s fairy tale with appropriate exaggeration and drama.

Monday, August 22nd, 2016
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Average price offset to Brent drops below US$9 in 2Q16

Average price offset to Brent drops below US$9 in 2Q16

Now that all the companies that give us enough data to look at prices have published, we can see how average realized Colombian oil prices performed relative to the two global benchmarks. We also take a look at Vasconia.

Monday, August 22nd, 2016
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ANLA reports a 47% drop in hydrocarbons license requests

The National Agency of Environmental Licenses (ANLA) says that the number of environmental license requests it had received from January to June of 2016 from the hydrocarbons industry has fallen by 47%.

Monday, August 22nd, 2016
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USO has a third of Ecopetrol workers affiliated

The USO said that it has reached a milestone by affiliating a third of Ecopetrol (NYSE:EC) workers, which according to the union means that its collective bargaining agreement can be applied to all workers of the company.

Monday, August 22nd, 2016
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