Orlando Cabrales attended a conference in Argentina on unconventional hydrocarbons a few weeks ago just as he was transitioning from being head of the National Hydrocarbons Agency (ANH) to being Vice-minister of Energy.
Our Monthly Report for March 2013 is now available for download (see below). We have a guest commentary on gas pricing by Felipe Villegas Gómez, León Teicher gives his opinion on best practices for managing community relations and monthly collaborator Tomás de la Calle writes on the economics of exporting oil from Colombia.
The oil & gas and mining companies currently present in Colombia complain, rightfully so, about the lack of coordination between the various ministries and institutions of the state, which inevitably generate delays and uncertainty for their business.
As reported by Dinero, the Sustainable Integrated Management Report 2012 presented by Ecopetrol during its shareholders meeting was qualified, for the second year running, with an A+ (the highest rating) by Global Reporting Initiative (GRI), a sustainability reporting rating company.
Naturgas, the association of producers, transporters and distributors held its annual meeting in Cartagena last week. Colombian President, Juan Manuel Santos, attended a ribbon cutting ceremony to launch gas services in a historic small town near the city and then addressed the association’s membership, giving a pep talk for domestic gas. From a Naturgas press release, translated and with commentary by Hydrocarbons Colombia.
Rafael Ramírez, president of Petroleos de Venezuela (PDVSA) said the company made net profit of US$4.2B last year, down from the US$4.5B reached in 2011. PDVSA’s total revenues in 2012 were US$124.5B while in 2011 they totaled US$124.7B. Business magazine America Economia reports Ramirez saying: “We have a difference that I think is not very important, US$200M (…) in a similar environment.”
2025, Hydrocarbons Colombia, All Rights Reserved.
