Canacol Energy (TSX: CNE) announced its operational update for the three-month period ended March 31, 2019. The company also announced the members of the Board of Directors for this year.
The government had recently announced modifications to the National Development Plan (PND), including an article that could lower the Value Added Tax (VAT) on gasoline and diesel. But will Colombians have cheaper gasoline?
The offshore industry has been popular among top global firms who decided to bet on Colombia’s Caribbean area. The ANH thinks new blocks in the Pacific might have just as much success.
The Ministry of Mines and Energy (MinMinas) will publish data on oil reserves in the coming days. Industry experts talked about the possible behavior of this important metric during the past year.
The government presented the final version of its National Development Plan (PND) to the Congress, where it included an article about unconventional projects. Here are the details.
Richard Dos Santos, Operations and Commercialization Manager of Petrobras (NYSE: PBR) in Colombia, spoke about the company’s investment plans and goals in Colombia for 2019.
Ecopetrol (NYSE:EC) transports nearly 15mmbl of diesel, gasoline and propane through the Magdalena river every year. This is the company’s plan to recover its navigability.
Last week was a controversial one in Colombia’s congress with the ongoing battle over peace process implementation, approval of royalty reform in its opening debate and the final authorization of the government’s long-term economic plan (known as the PND for its initials in Spanish). The press reacted strongly to a clause about fracking but the politics of how one newspaper reacted was surprising, to me at least.
Occidental Petroleum Corporation (NYSE: OXY) made a tempting offer to acquire Anadarko Petroleum Corp. (NYSE: APC). The company announced measures to finance this huge operation, responding to some analysts’ doubts about its capacity to pay the amount offered.
The House of Representatives’ First Commission approved the initiative to modify the General System of Royalties (SGR), in its first debate. Here are the details.
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