How will lower oil prices affect drilling activity?
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Interviews & Viewpoints | Francisco José Lloreda, President, Colombian Petroleum Association: Interview from The Report: Colombia 2016
Articles & Analysis | New measures to reinvigorate exploration and production in Colombia from The Report: Colombia 2016
The prevailing low oil price saw exploration and production (E&P) companies cut costs in 2014 and 2015. In order to produce crude profitably at prices of under $40 per barrel, expensive greenfield exploration programmes have been put on the back-burner. However, if Colombia is to maintain its production target of 1m barrels per day (bpd)...
Articles & Analysis | Complex challenges for energy and utilities players in Colombia from The Report: Colombia 2016
Over the past decade the oil industry has been at the centre of Colombia’s economic growth. The sector accounted for nearly one-fifth of all foreign direct investment (FDI) over the past 10 years, approximately half of all export revenues and, through taxes and royalties, provided up to 30% of government income. Consequently, the fall in the...
Chapter | Energy & Utilities from The Report: Colombia 2016
Over the past decade the oil industry has been at the centre of Colombia’s economic growth. The sector accounted for nearly one-fifth of all foreign direct investment over the past 10 years, approximately half of all export revenues and, through taxes and royalties, provided up to 30% of government income. Consequently, the fall in the oil price from more than $100 per barrel in mid-2014 to...
Despite continuing external headwinds, in particular the significant drop in the price of oil since mid-2014, the Colombian economy remained resilient in 2015, expanding by 3.1%.
Articles & Analysis | Rising demand fuels Bahrain's investments in electricity and infrastructure from The Report: Bahrain 2016
The rapid growth in Bahrain’s population presents considerable challenges for the private and state providers supplying utilities. As well as routine work to replace, refurbish and improve existing power, water and sewage networks, providers are also required to expand their networks to serve new communities that are being constructed. Even as...