Colombia is not an oil country, but it has great potential to develop in this area, especially in some regions of the country, where the Llanos continue to stand out for contributing a large part of the oil production in the country.
Ecopetrol’s (NYSE:EC) Felipe Bayón said that the firm is working to accelerate the production of cleaner fuels, aimed at improving the air quality in Colombia.
The Farc said it will go to the International Criminal Court (ICC), after President Duque objected to six articles of the Special Jurisdiction for Peace (JEP).
Promigas announced its operational and financial results during 2018. The company highlighted its good financial performance during the past year and the firm continues to grow as the main natural gas distributor in the country.
The first Natural Gas Forum took place in Barranquilla, where industry entrepreneurs and local authorities announced a pilot project to change the city’s bus fleet to vehicles fueled by Vehicular Natural Gas (VNG).
Ecopetrol (NYSE: EC) and its transport subsidiary, Cenit, reported the recovery of an important archaeological cache in the Coffee Region, found during the construction of the Salgar-Cartago-Yumbo pipeline.
Gasoline prices have been controversial due to the lack of credibility in the ‘magic formula’ to establish them. The association Coomultiport made a complaint about a possible increase in prices in border areas.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ended December 30, 2018. Gas production, sales and funds from operations increased. Charle Gamba, CEO of CNE, talked about the company plans for 2019.
Industry Associations took the stage of the ‘Colombia Genera’ (literally: Colombia Produces) forum, to have a fact-based conversation about fracking.
Ecopetrol (NYSE: EC) has several projects to develop in the country this year and pilot fracking projects are key to the firm. The NOC announced its plan on this issue.
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