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.
The Colombian Association of Petroleum Engineers (ACIPET) is implementing a communication strategy for the oil sector and its projects around the country. The association gave details on the number of information workshops held this year.
Ecopetrol (NYSE:EC) published its 2Q19 and 1H19 financial results and that allowed us to update our ECP Line-of-Business (LoB) charts, something we had not done since March (based on 2018 full-year results). The Transport LoB produces less EBITDA in volume than E&P but margins continue to rise.
Canacol Energy (TSX: CNE) is betting on Colombian natural gas sector, starting a market diversification strategy. Here are the details.
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