USO affiliated workers with oil services firm Weatherford (NYSE:WFT) came to an agreement ending a nearly month long strike.
The Colombian Chamber of Oil Goods and Services (Campetrol) and the Casanare Chamber of Commerce (CCC) signed an agreement as part of the new Oil & Gas Orinoquia services cluster to improve communication and cooperation.
Our opinion this month comes from the ACP’s Francisco José Lloreda on how the current crisis will negatively impact Colombia’s broader goals. Too bad we have only seen this expressed in the industry press and not where voters would see it.
In Havana, government negotiators and the FARC have returned to negotiations in the 36th round of talks, while Senator Alvaro Uribe has taken a much warmer position on the government’s handling of the peace talks.
The National Development Plan (PND) now includes specific measures which allow the National Hydrocarbons Agency (ANH) to adjust the contract timeframes and specific investment parameters in order to protect production and reserve growth, and a measure to stabilize natural gas prices.
In light of new discoveries in departments like Sucre while supply from La Guajira declines, gas transporters TGI and Promigas both have significant investment plans to expand the gas infrastructure network. Both still await authorities to take bigger steps forward.
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