The Minister of Environment (MinAmbiente), Carlos Eduardo Correa, spoke about the Fracking Pilot Projects (PPII).
Oil prices were up again last week, Brent closing Friday at US$111.70 (according to FT.com). This is not a record or even a record for the period since Russia’s invasion of the Ukraine on February 22nd. But the 13-week Moving Average hit US$102.36 for the first time in almost 8 years and the 52-week moving average was US$81.52 for the first time since 2015, nearly seven years. These signals may mean some changes in producer and consumer behavior. But probably not yet in Colombia on the consumer side.
Grupo de Energía de Bogota’s (GEB) Juan Ricardo Ortega talked about the company’s bet on natural gas and the need to build a new regasification plant in the country.
The Superintendent of Industry and Commerce granted a patent related to Liquefied Natural Gas (LNG).
The mining sector reaffirmed its commitment to face climate change and promote the energy transition during the second Latin American Mining Meeting (Elami).
In mid-May, the oil and gas industry will meet at the annual ACP Forum, this year entitled “Sustainability Actions”.
Propane has been critical for Colombians off the natural gas network, and this fuel continues to increase its position. Gasnova reported the consumption of this important product.
Frontera Energy (TSE: FEC) announced that it is recovering its operation and the firm has high expectations for this year.
Colombia is just a few steps away from giving the green light for Fracking Pilot Projects (PPII), which has generated many myths about its effects, especially on drinking water.
Ditransa advances in its commitment to sustainability and environmental care, through Natural Gas Vehicles (NGV).
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