Pacific Exploration & Production Corp. (TSX: PEN) announced the appointment of Barry Larson as new CEO. The company´s new head will start working February 20, 2017.
The situation at Bioenergy is turning unsustainable. A group of locals hindered operations in the ethanol plant once again.
Rather than scatter my predictions over a number of articles, I decided to consolidate them in one. At the very least, it will be easier to check how I / we did next January.
Noticing GTE’s (TSX:GTE) huge growth in YE2016 reserves and thinking about Ecopetrol’s (NYSE:EC) policy to revert all Association contracts got us thinking about concentration / consolidation in the Colombian oil and gas industry.
According to the National Statistics Department (DANE), fuel imports fell during the January-November period of last year. Total imports also decreased. Colombian total imports were US$40.8B in 2016.
Gilson Ribeiro, Manager of Chevron’s (NYSE: CVX) Fuels and Lubricants for Colombia and Central America said the Colombian fuel market has not seen big changes like the ones that are coming now that ExxonMobil (NYSE:XOM) is leaving the country after 50 or 60 years.
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