The idea of selling 8.5% of Ecopetrol’s (NYSE:EC) shares has caused controversy with economists and politicians. How is this project advancing in the Congress?
Terpel announced its financial and operational results for the second quarter of this year. The company reported revenues and net income increased during 2Q19 and the first half of this year.
The NOC published results for its local hiring in 2Q19, confirming positive results.
The Colombian government has taken several measures to boost the oil industry in the country, but concerns about the possible loss of energy self-sufficiency continue. Maria Fernanda Suarez, Minister of Mines and Energy (MinEnergia), participated in the Colombian Business Congress in Medellin and there she expressed her concerns about natural gas issues.
The Colombian government continues to announce measures to reactivate the exploration and production of oil and gas in Colombia. The National Hydrocarbons Agency (ANH) announced a strategy to attract foreign investment.
CEO Felipe Bayón took the stage of Colombia’s Entrepreneur Association’s (ANDI) 75th Assembly, where he spoke about the NOC’s plans for the coming years.
The National Environmental Licensing Agency (ANLA) developed environmental follow-up processes for oil and infrastructure projects.
The Ministry of Mines and Energy (MinMinas) announced a slight decrease in fuel prices for August 2019. However, these remain high compared to figures of last year.
In his most recent Op-ed, Francisco Jose Lloreda, President of the Colombian Petroleum Association (ACP), spoke about the benefits of biofuels and ethanol imports.
This is how the the National Environmental Licensing Agency (ANLA) is planning to improve its scope of action in rural areas.
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