This article by Hector Herrera for El Espectador talks about the countries that have benefited from the development of fracking, versus those that have banned the technique.
OPEC Members and their allies, including Russia and Mexico, announced that they reached an agreement to cut oil production.
Canacol Energy (TSX: CNE) reported on conventional natural gas prospective resources for some of its exploration blocks in the Lower and Middle Magdalena valley.
These are the changes that Ecopetrol (NYSE:EC) implemented in its Barrancabermeja fields, after worker Juan Fonseca, who tested positive for Covid-19, died last week.
The Colombian Chamber of Goods and Services’ (Campetrol) most recent survey shows how the perception of companies regarding an industry recovery changed, in just three months.
Frankly, the last time oil prices tumbled, the ANH was less than helpful. There was a grand event where the ANH and the then-minister announced great things! Only to have the agency’s lawyers and the board rip these ‘great things’ to shreds and create regulations that were more onerous and more costly than the ones from which the industry was supposed to have relief. Here Marianna Boza and the team from Brigard Urrutia give us an overview of the latest ‘help’. It does appear to help companies optimize their exploration portfolios but we will leave it to the firms themselves to decide if this is enough to compensate for Brent in the low 30’s.
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