The First Oil and Gas summit: 100 years promoting the development of Colombia brought together important representatives of the oil sector and Colombian authorities talked about important issues for the industry. HCC was present at this event and we bring a brief summary of days 2 and 3.
At last week’s Oil and Gas Summit, Luis Miguel Morelli laid out his plans for the ANH in some detail. Hydrocarbons Colombia attended, bringing back this report and commentary.
The union spoke about the legal measures that it will take to get CPVEN Colombia to negotiate with them.
The results for Colombia-focused companies are published, so we updated our statistics on oil prices and netbacks. It was not a great quarter but not a bad one either. As always, individual results may vary; we are looking at Colombian averages.
The recent First Oil and Gas Summit was an opportunity to answer two important questions: how is the industry doing and are the government and the industry on the same page?
The Senate’s Fifth Commission will soon decide on three projects that could potentially ban fracking in Colombia. Industry experts spoke about what could happen if authorities close the doors to unconventional resources.