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Arrow’s oil positivity defies Colombia headwinds
CEO Marshall Abbott highlights success in the Llanos Basin and explains why Colombia has a lot of untapped potential
Andean upstream feels the heat
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
Colombian E&Ps face bleak upstream outlook
Political backbiting and slumping drilling activity point to further declines ahead of next year’s election
Hydrocarbon Processing Refining Databook 2025: Americas
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors
Latin America’s evolving crude outlook
New supply from Argentina, Brazil and Guyana is rich in middle distillates, but optimism in terms of volume growth remains tempered by regulatory and technical risks as well as price volatility
Latin America feels the heat
Extreme weather conditions are compounding upstream challenges and pressuring governments across the region
Colombian O&G starts to feel investment squeeze
Decarbonisation strategy is already hurting upstream appetite and threatening near-term energy security
Indie Arrow targets rapid production growth
Fears that left-leaning President Petro’s government would signal the end for Colombia’s oil industry appear unfounded
Colombia’s upstream set for decline
Political decision-making casts doubt on the Latin American country’s ability to sustain energy self-sufficiency in the long term
Uncertainty weighs on the Andean energy sector
Collapsing governments and crackdown on public dissent showcase growing instability
Colombia
Justin Jacobs
2 August 2017
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Colombia's peace brings little oil dividend

Once an industry darling, the country's energy industry is still struggling with a rebel threat and local community strife

For years, Colombia's oil industry hoped that peace with its main rebel group, the Revolutionary Armed Forces of Colombia (Farc), would bring new riches. During its decades of waging war on the Colombian state, Farc saw the industry as a prime target and wrought havoc on oil operations. The group regularly kidnapped oil workers, bombed pipelines, and made potentially oil-rich areas too dangerous to drill. So, when Congress finally signed off on a peace deal in November, the industry looked forward to a new era. But more than six months on there is still little sign of the promised peace dividend. Other fighting groups continue to mount attacks against the oil industry. Relations between oil

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