News and AnalysIs for

CEO Felipe Bayón spoke about the NOC’s performance during 3Q19, and about the firm’s goals for next year.

CEO Felipe Bayón spoke about what Ecopetrol (NYSE:EC) expects to achieve with Fracking Pilot Research Projects (PPII), and about where authorities are in the process of coming up with regulations on the matter.

The industry wants to develop unconventional projects around the world, but fracking continues to generate doubts and concerns. The UK closed the door to this alternative, for now.

Oil prices began to show signs of recovery a year ago, generating high expectations for their behavior during 2019. Political and economic issues, however, have affected this metric.

Ecopetrol (NYSE: EC) has reported positive financial results, helping generate constant cash flow to invest in new projects. The NOC is making different investments in Colombia and abroad.

The government spoke about the results of its Territorial Development Programs (PDET), which it develops together with the industry.

The National Environmental Licensing Agency (ANLA) spoke about the environmental projects that have been successfully developed in the department of Casanare.

Canacol Energy (TSX: CNE) is betting heavily on Colombia’s natural gas market; its large investments in exploration and infrastructure translated into positive results in terms of sales.

The Colombian Canadian Chamber of Commerce (CCCC) and the National Hydrocarbons Agency (ANH) hosted the ‘Reactivation of the Mining-Energy Sector’ Conference. HCC attended the event.

The Congress received a proposed Bill of Law that aims to create 15 new environmental crimes, including shark fishing, fracking and deforestation.