National Hydrocarbons Agency (ANH) new director, Luis Miguel Morelli, spoke about the process that the entity is developing to set clear rules for the use of fracking.
The boom of the popular referendums created uncertainty in the Colombian extractive sector and authorities have pronounced on these mechanisms of popular participation. Last week, the Constitutional Court revoked a popular consultation, but the State Council made a different decision in another municipality.
The union will soon vote to choose its new directors at a national and local level. Here are the details.
We recently published the MinMinas estimate of September crude oil production and while the press release (and our story) focused on the (slight) increase month-over-month and year-over-year, the interesting angle is the surprising stability dating from 3Q16 – spanning three years.
Oil prices slipped slightly this week on continued fear of a global economic slowdown but Colombia’s policy makers cannot seem to decide if this is a good thing or a bad thing. I would have thought this was a straightforward question with a straightforward answer.
The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for September 2018. Crude increased slightly compared to the same period of last year, and gas showed positive behavior as well.
CEO Felipe Bayón acknowledged the importance of better oil prices for the development of the NOC’s projects.
The debate over gas subsidies continues. Here is what Colombia’s Propane Association (Gasnova) and the Association of Natural Gas (Naturgas) have to say.
The extractive sector has to face many challenges to operate in Colombia, but the lack of legal security has become one of the main problems for this industry.
Colombia continues talking about the possibility of developing unconventional projects via the hydraulic fracturing technique (fracking). The Colombian petroleum workers (USO) spoke about this alternative and its potential in some municipalities of the country.