Parex Resources (TSX: PXT) provided an operational update and the company highlighted the results of the National Hydrocarbons Agency (ANH) bid round in June 2019. The firm won two blocks in this process.
The second half of this year will bring positive news for investors, following the government’s attempts to “get the sector moving.” Here is why.
Maria Fernanda Suarez, Minister of Mines and Energy (MinEnergia), spoke about Colombian exports’ performance and the extractive sector’s role in this important metric.
The union spoke about the State Council’s ruling on strikes at the NOC. Here are the details.
Only tomorrow will we know if Geopark responds to Frontera’s counteroffer for VIM 22 and the ANH’s first round of its Permanent Competitive Process (PPAA) will complete officially only on the 15th of July. But I think the ANH should already be breaking out the vintage soda water, declaring this round a success.
Moody’s rating agency reported on the current situation of the oil and gas industry in Latin America. The agency spoke about Ecopetrol’s (NYSE: EC) dividends, among other issues.
TransMilenio welcomed new Vehicular Natural Gas (VNG) buses to its fleet, but comments by Gustavo Petro, former Mayor of Bogotá, started a debate. The Colombian Natural Gas Association (Naturgas) spoke on the issue.
The Minister of Mines and Energy (MinMinas), María Fernanda Suárez, was in Abu Dhabi, where she reiterated Colombia’s commitment to the Paris Agreement (COP 21).
The Colombian government has not raised producer prices since March but a 1.5% increase in the pump price has some experts speculating about inflation.
Frontera Energy Corporation (TSX: FEC) announced its second quarter 2019 operational update. Colombia’s production decreased in 2Q19 compared to previous quarter, while the firm’s drilling campaign is advancing satisfactorily.
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