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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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ACP also expresses concern on Farc camps

The president of the Colombian Petroleum Association Francisco José Lloreda has joined calls for the government to take special actions to guarantee that special Farc concentration zones do not put hydrocarbons projects at risk.

Monday, August 22nd, 2016
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More formalization equals more propane growth

The propane sector has been through a process of formalization that started in 2010, and a new regulatory framework underway could enhance this transition and bring more growth for the fuel, says Nicolás Botero-Páramo Gaviria president of the propane association Gasnova.

Thursday, August 18th, 2016
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Peace Summary: The Judges of Peace

The Farc and government have agreed to the criteria and process that will be used to select the magistrates that will form the Special Peace Tribunal, the legal entity with jurisdiction over the process of demobilizing guerrilla members and matters of the post-conflict transition.

Thursday, August 18th, 2016
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