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USO stokes Casabe conflict

Workers for the contractor Serpetec have been striking for 15 days, claiming their employer owes them several months’ salary. The workers have scheduled a rally in the Casabe field.

Monday, May 18th, 2015
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Canacol production holds, reports loss

Canacol production holds, reports loss

Canacol Energy (TSX:CNE) reported that daily production volumes increased by 1% in the first quarter 2015 (its Fiscal Year 2015 third quarter), but that peso devaluation and global oil prices led to a net loss.

Monday, May 18th, 2015
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MinMinas in NYC to promote sector

The Minister of Mines and Energy Tomás González attended an investment promotion event greeted attendees with a message the Colombia has clear rules and vast potential for unconventional and offshore projects.

Monday, May 18th, 2015
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How far will royalties fall?

A recent study from the Ministry of Mines and Energy (MinMinas) think tank UPME says that annual royalties could drop by as much as CoP$5.3T (US$2.18B) by 2024.

Monday, May 18th, 2015
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Peace Process week of May 11: Eln/Farc meeting in Cuba creates a stir

President Juan Manuel Santos facilitated a meeting between the heads of the Farc and ELN, Rodrigo Londoño Echeverry and Nicolás Rodríguez Bautista in Havana that has caused an outcry in congress.

Thursday, May 14th, 2015
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PRE cuts loss in Q2, posts record production

PRE cuts loss in Q2, posts record production

Pacific Rubiales Energy (TSX:PRE) said that it has posted record production in the first quarter of 2015 despite a 17% yearly decline from its flagship Rubiales field, but ended up in the red for the second consecutive quarter.

Thursday, May 14th, 2015
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