President-elect, Ivan Duque, spoke about some of his plans in the Collegiate Body for Administration and Decision (OCAD) and other key issues in a meeting with mayors of the country’s municipalities.
Through a resolution, Tolima’s Regional Autonomous Corporation (Cortolima) confirmed that it will no longer give permits for mining activities.
President-elect, Ivan Duque, announced that Ecopetrol’s (NYSE: EC) CFO, María Fernanda Suárez, will be the new Minister of Mines and Energy (MinMinas).
Late yesterday afternoon, Parex (TSX:PXT) issued a press release announcing that the Board of Directors had decided to “initiate a formal process to explore, review and evaluate strategic repositioning alternatives with a view to enhancing shareholder value.”
Frontera Energy Corporation (TSX: FEC) announced updates to some of its transportation contracts in Colombia, generating huge savings for the company. However, this has generated a controversy because CENIT has announced actions against FEC.
Activities at Coveñas Caño Limón (CCL) were suspended for 180 days due to ELN attacks and oil theft.
President elect, Iván Duque, appointed Ricardo Lozano as the new head of the Ministry of Environment and Sustainable Development (MinAmbiente).
The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for June 2018. Crude increased compared to the same period last year, and gas showed positive behavior as well, surpassing the 1,000mmcfd barrier for second month in a row.
Geopark Limited (NYSE: GPRK) announced its operational update for the three-month period ended June 30, 2018 (“2Q2018”). The company reported good production performance and successful drilling activities in the Llanos 34 block during this quarter.
Colombia’s National Biofuels Federation (Fedebiocombustibles) spoke about the challenges that the new administration has when it comes to downstream.
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