The Ministry of Mines and Energy (MinEnergia) reported oil production figures for February 2020.
The President of the Colombian Petroleum Association (ACP), Francisco Jose Lloreda, spoke about the three factors that have affected the national industry in 2020.
Bloomberg analyzed the current global oil crisis and the challenges that it represents for the industry.
This is how Esenttia, petrochemical company of the Ecopetrol Group, is helping meet the needs of the Colombian market amid the health emergency.
The National Hydrocarbons Agency (ANH) modified the schedule of the Permanent Competitive Process (PPAA), due to the current health emergency.
Colombian mining-energy entities announced the suspension of specific activities, following the government’s health emergency call.
Through a statement, the ELN announced a unilateral ceasefire, after the government declared a health emergency state, amid the Covid-19 pandemic.
Ecopetrol (NYSE:EC) and other industry firms benefited their areas of influence, boosting health and educational projects. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The ‘oil war’ between Russia and Saudi Arabia has Latin American producers struggling to cover their extraction costs, cutting production and delaying much needed investments.
The most recent report of the Association of Financial Institutions (ANIF) explained why the Covid-19 pandemic could significantly reduce the national economy’s growth.
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