In last week’s presentation by the Committee of Experts on Fracking, a great deal was made about the industry not having a ‘social license to operate’. That was a pretty broad brush, based on a small window. Just VMM and, as it turned out, maybe only a couple of communities within VMM.
The National Hydrocarbons Agency (ANH) hosted an event to announce the official launch of its Permanent Competitive Process. HCC was there.
Gran Tierra Energy (TSX: GTE) announced new agreements to acquire strategic assets located in the Putumayo and Llanos basins in Colombia. The company is optimistic about the potential of these blocks and their benefits.
Hocol, subsidiary of Ecopetrol (NYSE: EC), announced its new CEO, who will start working in March 15th this year.
The Ministry of Mines and Energy (MinMinas) reported gas production figures for January 2019. Natural gas has been showing a positive performance in recent months.
The Barrancabermeja Refinery completed 97 years of operation in Colombia on February 18. Colombian authorities have promised large investments for this important facility, but these have not happened so far, affecting its performance.
Communities of Puerto Guzmán (Putumayo) protested to reject the development of oil activities in their territory.
According to authorities, the results of the Technological Cooperation Agreement between Ecopetrol (NYSE:EC) and the Pontificia Bolivariana University (UPB) in Bucaramanga left positive results.
The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for January 2019. Crude and natural gas production grew in the first month of this year.
Senator Maritza Martínez (U Party) gave her view on the development of fracking in Colombia, after the Commission of Experts said the country needs to gather more information on the matter.
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