The minor oil spill from the Lizama well generated a controversy between environmentalists, inhabitants and people against the sector. Ecopetrol (NYSE: EC) announced the actions taken to compensate for the damage.
The Colombian Petroleum Association (ACP) made recommendations to the government of Iván Duque to improve the performance of the industry in Colombia.
The oil sector faces many challenges to operate in Colombia, but attacks on infrastructure and insecurity are two of the main ones. The Ministry of Mines and Energy (MinMinas) spoke on this issue and the communities’ role in this issue.
The union announced that it submitted the list of requests to Ecopetrol´s (NYSE:EC) management, to start negotiations of a new Collective Labor Agreement.
On August 7th, 2018, the Presidency of Juan Manuel Santos will come to an end. How was it on balance for the oil and gas industry? We will assemble the statistical evidence in an Analyst’s Desk article and, in this multi-part article, I look at some of the more qualitative assessments.
The Organization of Petroleum Exporting Countries (OPEC) reported on the oil sector in Latin America and Colombian results are not encouraging. The National Hydrocarbons Agency (ANH) disagrees with OPEC.
Jorge Humberto Botero, President of Fasecolda, proposed to sell the State’s participation in Ecopetrol (NYSE: EC), generating a controversy in the country in recent weeks. The National Association of Financial Institutions (Anif) and experts analyzed this proposal and its possible consequences.
Before the end of the year, the firm expects to bring natural gas service to 25,000 new users in the five departments where it is now present, said CEO Jairo de Castro.
According to the UN, the environmental emergency in La Lizama was not “big” in comparison with others that occurred in Colombia and Latin America. The development of these and more stories in our periodic Eco summary.
The period of Juan Manuel Santos as president is about to end. German Arce, Minister of Mines and Energy, reported on investment results over the last eight years.
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