Related Articles
Forward article link
Share PDF with colleagues

Colombia courts upstream investment to sustain oil output

The country aims to reach 1 million barrels a day this year, but needs investment to make that happen

Colombia is seeking investment in its oil industry in an effort to sustain output past the 1 million barrels a day (b/d) milestone it expects to reach this year. Michel Janna, director of public credit at Colombia’s finance ministry, told an investment forum in London that the country was targeting oil output of 1m b/d “in the coming months”. At the beginning of September the country’s Mines and Energy Ministry said Colombian oil production reached 999,000 b/d in August. This is a 3.2% rise month-on-month.  However, energy industry executives told the Colombia Inside Out forum that current output levels were not sustainable without new investment in oil exploration. “If we continue at curre

Also in this section
Energy Web Atlas Partners with Stanford University’s Natural Gas Initiative to Leverage LNG Real-Time Global Project Information
12 April 2018
Gulf Publishing Company, a leading provider of data and technical information for the global energy industry, announced today that Energy Web Atlas (EWA) has entered into a partnership with Stanford University’s Natural Gas Initiative (NGI). EWA is a platform that allows users to examine real-time natural gas project information.
KPC—outside the political bubble
3 April 2018
Kuwait Petroleum Corporation is expanding its global footprint as it targets increased domestic oil and gas capacity
Adnoc opens up
28 March 2018
The company now faces a group-wide transformation