Ocensa, the largest oil pipeline in Colombia, announced an increase in transport prices, generating controversy in the sector. This “fight” between oil companies and Ocensa continues and government representatives spoke on this issue.
The Colombian government launched its Circular Economy Strategy, making Colombia the first Latin American country to implement this initiative, and the industry the first sector to provide results.
Canacol Energy (TSX: CNE) announced positive results of the Ocarina 1 exploration well located in the VIM 5 block and the flow testing results of the Nelson 7 development well located in the Esperanza block. The company is the operator of both areas located in the Lower Magdalena Valley (VIM).
The National Environmental Licensing Agency (ANLA) spoke about its Resumé Bank; an initiative to assure that only the best professionals will represent the entity in the territories.
Geopark Limited (NYSE: GPRK) announced its operational update for the three-month period ended June 30, 2019. The company reported an oil and gas production increase and development and exploration successes during this quarter.
The National Hydrocarbons Agency (ANH) is working to reactivate the industry. The entity’s president gave details on preparations for the upcoming Permanent Area Assignment Process (PPAA).
The oil industry has had a very active year in terms of alliances, new projects and asset sales. Amerisur Resources (LON: AMER) announced important news that could continue to move business in the sector in a big way.
Technical groups of the National Environmental Licensing Agency (ANLA) developed an environmental monitoring process for different industry projects. Here are the details.
Carlos Leal, Head of the Colombian Association of Petroleum Engineers (Acipet), spoke about the industry’s situation and the role of Petroleum Engineers to guarantee the sector’s sustainability.
The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for May 2019. Working rigs decreased compared to previous month, but the number of contracted rigs increased.
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