The USO accused the oil industry and government of attempting to pass industry losses due to the fall of oil prices on to workers.
There is considerable pessimism in the Colombian industry and keeping with the pessimistic theme, we start this month’s edition with the results of our annual pulse survey.
Colombia’s Senate is back in session for 2015 and its first priority involving the hydrocarbons industry is natural gas prices.
Farc commander Rodrigo Londoño Echeverri, alias ‘Timochenko’ criticized the government and called for a transitional process that is applied equally to former guerrilla members and the armed forces.
Crude oil price benchmarks WTI and Brent are not identical so there is a gap. Some think the gap has some physical meaning. Others believe it is tautological: the consequence of different economic forces acting on each benchmark price.
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