As controversial as it is, fracking seems to be the most effective way Colombia has to assure its self-sufficiency. Chinese experts explain how water can be replaced by carbon dioxide (CO2) to develop this technique.
Barrancabermeja’s Mayoralty and Ecopetrol’s (NYSE:EC) management confirmed that the NOC’s plan to bring gas to the municipality’s rural areas is on its way. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Tuesday, June 4, 2019 marks the first block assignment process since July 2014, nearly five years ago. Much has happened and oil prices – a primary determinant of investment and so participation – are still well below where they were during the last auction. Here is the announced list of qualified participants.
Ecopetrol announced its financial and operational results during the first quarter of 2019, with positive results. The company is the main player in the Colombian oil sector, but how much does its direct production represent in the total extraction of the country?
CEO Felipe Bayón confirmed that the NOC started the first phase of its fracking pilot project, and is ready to start phase two.
Colombia continues to discuss the possible implementation of unconventional techniques, while the current oil and gas reserves levels generate concerns in the hydrocarbon sector. Alberto Leal Niño, Chairman of the Board of Directors of the Colombian Association of Petroleum Engineers (ACIPET), spoke on this subject and international experiences in countries such as Poland.
The union spoke about its latest legal battle with the NOC’s management, among other issues. Here are the details.
Promigas is building a pipeline for Canacol Energy (TSX: CNE) and this project is progressing quickly. Promigas representatives spoke about the second stage of this important project and its possible delivery date.
Colombia’s reserves are slowly coming to an end, affecting the country’s economy. Experts spoke on the matter.
The protection of the environment and water sources has been one of the main topics of discussion in recent years. Local authorities initiated an ambitious project in the Valle del Cauca on reforestation and environmental protection.
2026, Hydrocarbons Colombia, All Rights Reserved.
