Here is the second installment of Norton Rose Fulbright’s analysis of the ANH’s draft accord. We believe this could transform the regulatory framework for the industry significantly. In this installment, NRF looks at Articles 5 through 9.
In a contrast to the largely positive coverage of the “end of the war” from international press, there is at least one report pointing out that things could get more difficult for the industry in the post conflict era.
The Minister of Mines and Energy Germán Arce said that the Caribbean region has the greatest prospectively for both onshore and offshore exploration of hydrocarbons, and represents the future of the industry.
The USO said that it is advising and accompanying a group of 14 communities in protests against Ecopetrol (NYSE:EC) in Orito, Putumayo.
Our quarterly look at Ecopetrol (NYSE:EC) Line-of-Business (LoB) results usually focuses on comparatives. But the real story in 2Q16 was the increase in EBITDA from the E&P business.
GasThe Ministry of Mines and Energy (MinMinas) published official production figures for August 2016, and reported that gas production was 949mmcfd, a 3.29% increase compared to the month of July.
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