(LatAm Investor, 20.Jan.2023) — Most international investors keep clear of Argentina. It has an unenviable record of default and expropriations while successive governments seem unable to manage the country’s incredible...
(Reuters, 5.May.2022) — The use of commercial fracking in Colombia could boost oil and gas reserves by between 12 and 15 years, majority state-owned oil producer Ecopetrol said on Thursday,...
(Reuters, 21.Apr.2022) — A judge in the Colombian city of Barrancabermeja on Thursday suspended an environmental license granted to a hydraulic fracturing - or fracking - pilot project, on the...
(Reuters, 6.Apr.2021) — Colombia’s largest oil union has joined anti-fracking activists to oppose the development of non-conventional energy deposits and demand a quicker transition to renewable energy, campaigners said on...
(Rystad, 3.Feb.2021) — The oil production decline that the Covid-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory. The reserve’s oil output has not only...
(Energy Analytics Institute, 31.Jan.2021) — Colombia’s state oil and gas company Ecopetrol is eyeing two promising developments in Colombia that could utilize initial lessons learned abroad from offshore Brazil and...
(Bloomberg, 19.Jan.2021) — In the 99 years since it was founded to pump the oil fields of Patagonia, Argentine energy driller YPF SA has been whipsawed by countless booms and busts. If...
(Sierra Club, 17.Dec.2020) — San Martín is full of oil men. This small, no-nonsense Colombian town in the department of Cesar, is hot, chaotic, and long accustomed to the presence...
(Ecopetrol, 14.Dec.2020) — Ecopetrol S.A.’s Board of Directors approved the 2021 organic investment plan for the Ecopetrol Group (GE) for an estimated amount between $3.5bn and $4bn. HIGHLIGHTS - The...
(Reuters, 11.Nov.2020) — Colombia will hold a second bidding round to potentially grant contracts to companies interested in exploring non-conventional oil and gas deposits, using techniques like fracking, the National...
(Ecopetrol, 28.Oct.2020) — Ecopetrol S.A. announced the Ecopetrol Group's financial results for the third quarter and the first nine months of 2020. Financial results were prepared in accordance with the...
(Platts, 6.Oct.2020) — The first fracking in Colombia could come by the end of 2021, after companies obtain necessary environmental permits, energy minister Diego Mesa said Oct. 6 The Colombian...
(Argus, 28.Sep.2020) — Colombia's oil industry is slowly shaking off the double market blows of 2020 while it prepares to debut unconventional pilot projects. Oil chamber executive president Francisco Lloreda...
Ecopetrol’ CEO Felipe Bayón said unconventionals were a very important option for Colombia since they allowed the country to boost its oil and gas reserves-to-production ratios while generating benefits for many regions such as employment, and goods and services. But he added: “In terms energy security, unconventionals are very important but they’re not the only option.”
(Argus, 14.Aug.2020) — ExxonMobil has been awarded a 35-year concession for another block in Vaca Muerta, a massive shale play that has been driving the company's growth in oil and...
(Oilprice.com, 23.Jul.2020) — Sharply weaker oil prices, falling investment and dwindling oil production are weighing heavily on Colombia’s economic outlook. Last decade, the strife-torn Andean country bet its economic future...
(BJ Services, 4.Jun.2020) — At the end of April 2020, BJ Services completed a 1,000-hour field trial of its next-generation direct-drive turbine fracturing pump, TITAN™. This rigorous trial, in actual...
(Oilprice.com, Irina Slav, 10.Dec.2019) — YPF, the Argentine state energy company, has drilled the longest horizontal oil well lateral, at 3,890 meters, or more than 12,700 feet, in the Vaca...
(S&P Global Platts, 30.Oct.2019) — Colombia's state-controlled Ecopetrol is targeting 2020 production of 740,000-760,000 barrels of crude and equivalents per day, up to 4% more than expected average output this...
(Reuters, Jessica Resnick-Ault, 25.Sep.2019) — Colombia’s state-run oil company Ecopetrol will be ready to start fracking pilot projects in the second half of 2020, chief executive Felipe Bayon said on...
(Reuters, 10.Sep.2019) — Colombia’s top administrative court maintained a temporary moratorium on the use of fracking on Tuesday, stymieing potential pilot projects amid ongoing arguments in a wider case regarding...
(Reuters, 4.Sep.2019) — The two largest U.S. oil and gas companies on Tuesday left the door open for more acquisitions in the country's top shale field. Exxon Mobil Corp expects...
(Energy Analytics Institute, Aaron Simonsky, 22.Aug.2019) — Argentina shipped an average 5.9 million cubic meters per day (MMcm/d) of natural gas to Chile, Brazil and Uruguay during the first half...
(Reuters, 21.Aug.201 9) — Pipeline company Oleoducto de Colombia is ready to move increased crude output from the center of Colombia to the Caribbean if the use of fracking is...
(Petroleum Economist, Charles Waine, 2.Aug.2019) — Mexico's Comisión Federal de Electridad (CFE), the state-owned electricity utility, has started legal proceedings against seven natural gas pipelines. The move intensifies fears about...
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announces that on August 1st, Ecopetrol's senior management will host two conference calls to review the joint venture with Occidental Petroleum Corporation to develop Occidental's...
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announced formation of a joint venture with Occidental Petroleum Corporation to develop 97,000 net acres of Occidental's Midland Basin properties in the Permian Basin. The...
(Energy Analytics Institute, Aaron Simonsky, 29.Jul.2019) — Production of crude oil and natural gas in Argentina continues to rise, aided by growth in unconventional volumes from the Vaca Muerta formation....
(Reuters, 2.Jul.2019) — Argentine oil and natural gas output hit a record high in May thanks to increased production from the country’s sprawling Vaca Muerta shale formation, the government said...
(Bloomberg, Jonathan Gilbert, 25.Jun.2019) — Along the western edge of Argentina’s Patagonia, on an arid steppe nestled against the Andes mountains, lies a shale formation known as the Vaca Muerta....
(Energy Analytics Institute, Ian Silverman, 8.Jun.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy sectors from conventionals, unconventionals to renewables, Calgary-based Consultant...
(Energy Analytics Institute, Piero Stewart, 7.Jun.2019) — Protesters in Colombia took to the streets across the Andean country on Friday 7 June to show their disagreement with the government of...
(JPT, Matt Zborowski, 3.Jun.2019) — Fueled by a culture of innovation, hydraulic fracturing has transformed the energy landscape from inside North America out. But achieving that paradigm shift took years...
(Petroleum Economist, Charles Waine, 14.May.2019) — Argentina's hope of fast-tracking production from its vast Vaca Muerta shale play, the world's second largest by output, could be delayed as the country...
(Energy Analytics Institute, Aaron Simonsky, 23.Apr.2019) — Argentina’s Vaca Muerta formation currently accounts for close to 35% of Argentina’s natural gas production and 15% of the South American country’s crude...
(Baker Institute, 2.Apr.2019) — On April 7 Argentina will hold its second provincial election of the 2019 election season in the province of Río Negro. With less than a week...
(Bloomberg, Jonathan Gilbert, 1.Apr.2019) — Sand shoveled out of an Argentina river used to transport soybeans may soon reappear 1,100 kilometers (700 miles) away in the country’s booming shale fields....
(Bloomberg, Jonathan Gilbert, 1.Apr.2019) — In South America, sand shoveled out of a river in Argentina that is used to transport soybeans may soon reappear 700 mi (1,100 km) away...
(Houston Chronicle, Mike Howard, 28.Mar.2019) — The rise of the United States as the world’s largest producer and growing exporter of natural gas puts energy at the center of its...
(Energy Analytics Institute, Aaron Simonsky, 27.Mar.2019) — Heard on the street and LatAmNRG briefs from Argentina on Neuquen hydrocarbon output reaching record levels in February, MicroSoft and YPF signing a...
(Rabble.ca, Brent Patterson, 26.Mar.2019) — Colombia could be on the cusp of a dangerous fracking boom that would release carbon pollution into the atmosphere, endanger drinking water, and violate Indigenous...
(Seeking Alpha, Carl Surran, 20.Mar.2019) — Colombia’s government has nixed two environmental licensing requests made by ConocoPhillips and Canacol Energy for fracking projects in northern Cesar province, Reuters reports. The...
(IHS Markit, Carla Selman, 19.Mar.2019) — In a statement on 18 March, the International Monetary Fund (IMF) allowed Argentina to allocate additional funds to social programs in the framework of...
(Oil & Gas Journal, Paula Dittrick, 14.Mar.2019) — Argentina plans to build natural gas pipelines and hopes to attract more oil and gas investment for the Vaca Muerta shale play...
(IEA, 12.Mar.2019) — Dr Fatih Birol, the IEA’s Executive Director, met with Argentina’s Secretary of Energy Gustavo Lopetegui today at CERA Week in Houston. Following discussions on the IEA’s outlook...
(Energy Analytics Institute, Piero Stewart, 12.Mar.2019) — ACP Colombia President Francisco Jose Lloreda Mera said the country continues to move forward with efforts to attract investors to help develop its...
(Energy Analytics Institute, Piero Stewart, 12.Mar.2019) — Colombia’s Ecopetrol plans investments of $500 million during 2019-2021 on unconventional pilots across the country with aim to boost natural gas reserves in...
(Energy Analytics Institute, Aaron Simonsky, 12.Mar.2019) — The breakeven cost for Argentina’s Vaca Muerta shale play is currently inside $40/bbl compared to close to $60/bbl a couple of years ago,...
(Zacks Equity Research, 7.Mar.2019) — Ecopetrol S.A. EC proposes to invest $500 million toward exploring unconventional deposits over a three-year period. The spending is part of the $12-$15 billion apportioned...
(S&P Global Platts, 27.Feb.2019) — Pampa Energia and Tecpetrol, two of the largest energy companies in Argentina, plan to launch the first exploration for unconventional oil and natural gas in...
(Baker Institute, Mark P. Jones, 27.Feb.2019) — On March 10 the Argentine province of Neuquén will hold gubernatorial and legislative elections. Neuquén is home to the Vaca Muerta, one of...
(Bloomberg, Jonathan Gilbert, 27.Feb.2019) — Vista Oil & Gas is breathing a new kind of life into Vaca Muerta, the vast shale play under development in Argentina. Eight years ago,...
(Shale Support, 21.Feb.2019) — Shale Support, a provider of frac sand and logistical solutions to the oil and gas proppant market, has announced a strategic partnership with Fracht Group, an...
(Kallanish Energy, 18.Feb.2019) — Colombia could be a step closer to allowing producers to start hydraulic fracturing (fracking) pilot projects, after an independent expert committee analysed the risks and rewards...
(Energy Analytics Institute, Piero Stewart, 14.Feb.2019) — Heard on the street and LatAmNRG briefs on expert report on fracking in Colombia, attacks along the Mansoyá Orito Pipeline in Putumayo, and...
(IEEFA, 8.Feb.2019) — The Argentine government’s plan to develop the massive Vaca Muerta oil and gas reserves in northern Patagonia has hit a major obstacle. The success of the plan...
(Houston Chronicle, Sergio Chapa, 12.Dec.2018) — The Mexican government has cancelled bidding on two auctions that would have allowed hydraulic fracturing in the border state of Tamaulipas and brought more...
(Energy Analytics Institute, Piero Stewart and Pietro D. Pitts, 20.Nov.2018) — Argentina’s Vaca Muerta unconventional shale gas formation in Neuquén is at the center of an energy revolution taking place...
(Reuters, 7.Nov.2018) — The development of non-conventional oil deposits using fracking could generate $500 million per project per year in taxes, royalties, dividends for shareholders and salaries in Colombia, the...
(Energy Analytics Institute, Piero Stewart, 30.Oct.2018) — Colombia’s state oil company Ecopetrol has requested an environmental license over an area where it plans to begin a pilot project to explore...
(Reuters, Luis Jaime Acosta, 29.Oct.2018) — Colombia’s state oil company Ecopetrol has requested an environmental license to launch a pilot plan to explore for crude oil from unconventional deposits using...
(Energy Analytics Institute, Ian Silverman, 20.Oct.2018) — Añelo’s population is expected to reach 25,000 by 2023 compared to nearly 8,000 today and just 2,000 in 2011, reported the media outlet...
(Energy Analytics Institute, Ian Silverman, 16.Oct.2018) — Prohibiting fracking in a generalized manner, as announced by Mexico’s president-elect Andrés Manuel López Obrador (AMLO), would be an error that would benefit...
(Energy Analytics Institute, Jared Yamin, 10.Oct.2018) — Añelo is a small oil town located in the heart of Neuquen and the Vaca Muerta shale revolution. This small town with a...
(Energy Analytics Institute, Jared Yamin, 6.Oct.2018) — Investors could inject $7 billion into the Vaca Muerta in 2019, announced Neuquén Governor, Omar Gutiérrez. “In 2019, we will have 15 new...
(Seeking Alpha, Dylan Quintilone, 14.Sep.2018) — Ecopetrol SA is a Colombian oil and gas company with headquarters in Bogotá, Colombia. The company is listed by Forbes as the 300th largest...
(Deloitte, 31.Aug.2018) — In the wake of a decade-long slump in Argentina’s oil and gas industry, the country is now well positioned to resurrect international investment and exploit its world-class...
(Observatorio Petrolero Sur, 5.Feb.2018) — Vaca Muerta is a leading case for the next generation of fossil fuels. Big Oil and Gas companies are keen to turn it into a...