What is the significance to the oil industry in reaching the 1m barrels per day (bpd) production mark?
The Americas Energy
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Interviews & Viewpoints | OBG talks to Germán Arce Zapata, President, National Hydrocarbons Agency (ANH) from The Report: Colombia 2013
Articles & Analysis | Spreading the wealth: Reform reallocating royalty revenues from the mining and energy sectors comes into force from The Report: Colombia 2013
A combination of an improved investment environment from a security standpoint and rising international commodity prices have been the principal causes of the recent growth in the extractive industries. The booms experienced by the mining and hydrocarbons industries have in turn sparked a rapid increase in royalties collected and distributed to...
Articles & Analysis | New frontiers: As geological knowledge expands, so too could mineral reserves from The Report: Colombia 2013
The identification of the mining sector as a driver of economic growth by the incumbent administration was largely, and rationally, based on geological potential. While large coal reserves are well documented, along with smaller deposits of gold, copper, emeralds and other minerals, the most attention-grabbing aspect of the country’s geological make...
Interviews & Viewpoints | OBG talks to Juan Esteban Calle, General Manager, Empresas Públicas de Medellín (EPM) from The Report: Colombia 2013
Given that electricity demand is growing at 4% per year, how will future growth be met?
Articles & Analysis | Flowing free: Growing investor confidence has attracted significant funds from The Report: Colombia 2013
The mining sector has become an increasingly attractive investment target for various reasons. Foremost is the fact that Colombia possesses a diverse geology that is home to an assortment of precious minerals and metals. With access to both the Pacific and Atlantic Oceans, it also provides a strategic location from which to export. Due to decades of...
Articles & Analysis | In the black: Despite limited domestic reserves, production of oil and gas has soared in recent years from The Report: Colombia 2013
A significant milestone was reached in 2012 when Colombia finally surpassed 1m barrels per day (bpd) in crude oil production. However, this achievement masks the fact that at 2012 production levels, the country will run out of oil reserves in less than six years, despite its new status as the third-largest producer of crude in South America....