The recent oil production results for February, 2016 were published without commentary by MnMinas. Perhaps it is because there is only an Acting MinMinas, Maria Lorena Gutiérrez and her role is the electrical ‘crisis’.
Too much time on my hands during the Easter break, too much Janice Joplin and too much thinking about the Constitutional Court had definitely brought me down.
The Energy Mining Planning Unit (UPME) presented its report on the natural gas sector in the recent Colombian Natural Gas Association (Naturgas) and said that reforming the transportation system is a top priority, along with improving reliability and building a regasification plant on the Pacific coast.
Ecopetrol’s president Juan Carlos Echeverry offered a spirited defense of the Cartagena Refinery (Reficar) and its modernization at the recent Congress of the Colombian Natural Gas Association (Naturgas), highlighting that despite the bad press, the project moves forward and is nearly 100% operational.
Ecopetrol’s (NYSE:EC) exports to the US dropped off at the end of 2015 according to the company’s latest financial report, matching a US trend to import less crude and derivatives.
The deadline set in September 2015 by the government and Farc to sign a final peace agreement – March 23rd — passed this week without a full or even partial accord, but the government said the date was successful in that it sped up the process.
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