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Oil sector failed to receive US200 million because of infrastructure attacks

Bottom Line: Reactions by industry leaders to the killing of 5 Ecopetrol contractors in Putumayo this week.

Saturday, July 7th, 2012
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Looking for customers for 200 million cubic feet of gas

Bottom Line: The Colombian domestic market is unbalanced with respect to supply so the government – and Pacific Rubiales –  are looking to export.

Saturday, July 7th, 2012
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EPM gas will reach Urabá

Bottom Line: Expanding the domestic demand for gas and bring the presence of the state to some often forgotten regions.

Saturday, July 7th, 2012
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Pacific Rubiales presents its 2011 Sustainability Report

Bottom Line: This is taken from a Pacific Rubiales press release so it has the expected positive tone. Still given the industry’s reputation for stealing the “black gold” and leaving behind nothing but an environmental mess, any publicity with a positive spin has to be celebrated.

Saturday, July 7th, 2012
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This is the year of gas: Minister of Mines and Energy

Bottom Line: MinMinas “propaganda” to encourage vehicle conversion to gas.

Friday, July 6th, 2012
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Government adjusts framework oil contracts for 2012 Round

Bottom Line: The changes are logical, permitting a company to take advantage of conventional opportunities discovered in a unconventional block and vice versa, obviously with some adjustments in the case where the cheaper and less stringent unconventional blocks.

Friday, July 6th, 2012
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