Friday, August 17th, 2018
The Colombian Association of Natural Gas (Naturgas) wrote a report comparing the prices of gasoline with natural gas prices in the main cities of the country. The price difference between these two fuels has increased recently.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ended June 30, 2018. Average production increased, but the firm reported a net loss during this quarter and 1H18 (due to one-time and non-cash charges).
Julio César Vera, president of the Colombian Association of Petroleum Engineers (Acipet), spoke about the importance of fracking to assure the country’s self-sufficiency.
Ocensa, Geo Park (NYSE:GPK) and Ecopetrol (NYSE:EC) spoke about the successful development of social investment projects in their areas of influence. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Ecopetrol (NYSE: EC) announced its second quarter 2018 results. The NOC financial performance considerably increased compared to previous year, proving that the company is levering current oil prices.