Ecopetrol (NYSE:EC) released US$2B in bonds last week which were met with high demand from the market, creating a demand worth more than five times the amount the NOC looked to obtain, or US$10B.
The USO said that it will include the use of outsourced labor as an agenda item in the upcoming collective bargaining agreement process with Ecopetrol (NYSE:EC) and that the topic is already on the table in discussions in Cartagena.
Despite a unilateral truce by the Farc to respect the presidential election, incidents near areas of interest to the oil and gas industry were up again to 40, above recent and long-term averages.
The Minister of Mines and Energy Amylkar Acosta championed the role of the mining-energy sector in bringing foreign direct investment (FDI) to the country, even though there are signs that it has decreased, while President Juan Manuel Santos attributed the growth to his administration.
Members of the Civic Committee in Defense of the Las Ceibas Riverbasin will take their cause to the State Council in order to annul an E&P contract held by a subsidiary of Pacific Rubiales Energy (TSX:PRE), despite confirmations from the company and government that the E&P work will not go forward.
With a matter of days before the first round of Presidential elections, Farc and government negotiators announced that they have finally reached an agreement on the third agenda point: the illegal drug trade.
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