A bill filed by Cambio Radical political party aims to regulate the prior consultation process in Colombia.
Oil production has gone through some difficult years recently, and companies in the sector have worked to solve this situation as soon as possible. Ecopetrol (NYSE: EC) announced that two important fields reported good production metrics in 2Q18.
Natural gas distributors have been complaining about delays in the regulation of transport tariffs for years. These were established back in 2004, and expired in 2009.
The possible loss of energy self-sufficiency in Colombia has been one of the main discussion topics in recent years. Promigas wrote a report on natural gas reserves and important issues in the market.
Colombia needs to increase its reserves to solve concerns about self-sufficiency in the long term and the sector is working to achieve it. Parex Resources (TSX: PXT) announced a new discovery in the Capachos block.
There are divided opinions around the Pacific regasification plant, as the government and gas Associations seem to be on different pages when it comes to this issue.
The armed group released three soldiers in Arauca, but the release of hostages in Chocó remains ‘complicated’.
Colombia has more than 400 oil fields, but just a few produce half of Colombian oil. We updated our database according to figures from the National Hydrocarbons Agency (ANH) and here are the top ten oil producing fields in 4Q17.
Dinero, one of the most important business newspapers in Colombia, spoke with Julio Cesar Vera, president of the Colombian Association of Petroleum Engineers (Acipet), about issues that have been considered ‘controversial.’
The oil sector has to face many challenges to operate in Colombia and social conflict is one of the main ones. However, this time communities are asking for the sector’s collaboration to produce natural gas in their region.