Industry experts spoke about the difficult times that the industry is going through.
The USO’s President, Edwin Palma, spoke about the alleged ‘massive layoffs’ that Ecopetrol’s (NYSE:EC) contracting firms have been doing, in the midst of the Covid-19 pandemic.
Between Covid-19 and the Russia / Saudi Arabia fight, the short-term prospects for oil prices are not great. But what happens after the pandemic passes, demand picks up and Saudis stop pumping as if there was no tomorrow?
Ecopetrol (NYSE: EC) continues to take measures to deal with the health emergency state announced by the government.
Promigas joined the list of firms that have decided to help Colombia fight the Covid-19.
The USO’s President, Edwin Palma, warned about massive lay offs due to the Covid-19 pandemic.
The High Commissioner for Peace Affairs, Miguel Ceballos, explained why the implementation of the peace process with the Farc has been successful, calling on political sectors not to politicize the issue.
Resources to support Colombia’s productive system should now be allocated to face the impact of Covid-19, affecting the country’s financial goals.
The Ministry of Mines and Energy (MinEnergia) explained that energy companies have contingency plans ready to meet demand during the mandatory preventive isolation period in Colombia.
Carlos Santiago, Spokesperson of the Alianza Colombia Libre de Fracking (ACLF) Organization, spoke about the measures his team is taking to stop the development of fracking pilot projects (PPII).
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