Ecopetrol (NYSE:EC) has celebrated the 31st anniversary of the Colombian Petroleum Institute (ICP) its R&D center which it says has delivered proven benefits to the NOC worth US$4.17B.
The reversion of the Rubiales field was an achievement for unions, social movements, political leaders and rural residents who worked together to force Ecopetrol (NYSE:EC) to take the field back, says the USO oil workers union.
Rubén Darío Lizarralde, president of the Colombian Chamber of Oil Goods and Services (Campetrol) warned that the Constitutional Court’s recent decisions amount to “a direct attack against the sector and against foreign investment and the productivity of the country”.
The National Hydrocarbons Agency (ANH) published detailed crude oil production results for March and April and that allowed us to update our analysis of shut-in fields.
After a week in Mexico City and another week at the Global Petroleum Show in Calgary, Mexico’s ‘belle of the ball’ status is clear.
Ecopetrol (NYSE:EC) is now set to receive the Rubiales field at the end of the month, and has also established its workforce which will staff and operate the field.
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