The two candidates contesting the second round of the elections have discussed their positions on oil.
Frontera Energy Corporation (TSX: FEC) announced executive changes.
It is only the first quarter so our simple projections are highly suspect, and we will concentrate on relative measures. Conclusion: higher prices are a good thing even for Ecopetrol’s feeble Refining Line-of-Business (LoB). There. You don’t have to read the article. Except to look at the graphs.
The governor of Cundinamarca, Nicolás García Bustos, announced that the Corporación Autónoma Regional del Guavio (Corpoguavio) delivered the environmental license for the construction of a section of the alternative route to the Llanos Orientales from the Guavio province.
Candidate Rodolfo Hernandez spoke about his presidential proposals, ruling out the possibility of implementing fracking in the country.
The European Union announced sanctions on Russian oil, sending prices soaring recently.