Ecopetrol (NYSE: EC) announced an ambitious plan to boost production and reserves in the coming years. Analysts talked about this strategy and its effects in the market.
The increasing use of Vehicular Natural Gas (VNG) and propane has industry experts wondering if these products will replace traditional gasoline and diesel in the mid-term.
The ELN’s negotiating team claimed to be committed to achieving peace. However, the armed group made several headlines recently due to terrorist attacks.
Ecopetrol published its results this past week and CEO Felipe Bayón was rightly trumpeting the NOC’s earnings for their contribution to the nation’s coffers. But hidden in the results presentation was worsening margins in the Refining Line-of-Business (LoB).
We are not at a milestone like ‘100 days’ or ‘six months’ but a lot has happened in the past month from a policy perspective so I thought I should write about it.
Parex (TSX: PXT) announced its financial and operating results for the fourth quarter and year ended 2018. The firm reported oil production growth and good financial performance. Parex announced its guidance for 2019.