In a general assembly held last week, USO workers voted to authorize their directors to order a general strike which could affect, among others, Ecopetrol (NYSE:EC).
GeoPark (NYSE:GPRK) says that new growth from an expansion of low risk, low cast and high netback fields in the Tigana and Tua fields, in the Llanos 34 block, contributed strongly to growth in its reserves.
Local governments in Norte de Santander, Meta and Putumayo are all interested in building smaller regional refineries that they say would make them more competitive, avoid importing fuel and create new jobs.
This month we start with a commentary by industry consultant Warren Levy on a healthier relationship between E&P and services companies.
This week laid bare one of the truths of policy in Colombia, (and plenty of other places of course): 9 times out of 10, politics will trump economics.
A report from the Peace & Reconciliation NGO found that the Farc’s “armed actions” dropped by 40% in 2014, which it says saved hundreds of lives. But attacks on oil infrastructure, extortion and the increase in ELN attacks are still a worry.
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