(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 reflects on the upcoming challenges with senior contributing editor Patricia Garip. Edited highlights follow: How is Colombia’s oil industry recovering […]
Tag: Francisco Lloreda
Colombia Oil Investment To Rise 23% This Year: ACP
(Reuters, 27.Jan.2020) — Investment in Colombia’s oil industry is set to grow by 23% in 2020, the private oil producers association said on Monday, although production will be effectively flat, increasing just 0.5% compared with the previous year. Investment in the Andean country’s oil and gas industry this year will […]
Red Tape Frozes $700mn In Colombia Oil Investment
(Reuters, 9.Oct.2019) — Some $700 million in investment spending by oil companies operating in Colombia is frozen because of contract delays caused by community protests and consultations, slow environmental licensing and court orders, the Colombia Petroleum Association (ACP), an industry group, said on Wednesday. The figure is part of the […]
Four Colombia fracking Projects Could Attract $5bn In Yearly Investments
(Reuters, 24.Sep.2019) — Four fracking pilot projects in Colombia could bring in $5 billion annually in investment once they are in the production phase, industry leaders said on Tuesday, as the country awaits regulation that will allow the projects to begin. The potential use of fracking in the Andean country […]