Ecopetrol (NYSE:EC) announced investments to develop unconventional resources in Texas, while Colombian authorities still debate about the future of fracking pilot projects in the country.
Ecopetrol (NYSE: EC) has managed to report good financial and operational results in recent years, leaving good dividends for the Colombian state and its shareholders. However, security issues are putting the firm on alert.
American authorities fear that the government’s decision to temporarily impose a surcharge on US ethanol imports, may become a permanent measure.
The National Hydrocarbons Agency (ANH) announced the signing of oil contracts with Parex Resources (TSX: PXT), confirming that “things are moving again.”
The National Hydrocarbons Agency (ANH) announced the signing of oil contracts with Gran Tierra Energy (TSX: GTE), as a result of the first auction of the Permanent Area Assignment Process (PPAA).
The Colombian offshore sector received a new boost, with the signing of the contract to develop the GUA-OFF 10 block.
Christoph Harnisch, delegate of the International Committee of the Red Cross in Colombia, spoke about the long road that the government has ahead, before being able to enter an actual post-conflict process.
Entrepreneurs gave their opinion on the management of government members. The XXI Business Survey interviewed 650 managers in the country, and the results leave a clear message for the government.
Colombia’s National Administrative Department of Statistics (Dane) made a study on the use of natural gas in the country. These are the results.
Local authorities started a security strategy to deal with gasoline smuggling issues in Tibu (Norte de Santander). This caused disturbances in the area and affected Ecopetrol’s (NYSE: EC) performance.
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