Maria Fernanda Suarez, Minister of Mines and Energy (MinMinas), created a debate about the possibility of implementing unconventional techniques such as fracking in Colombia. Experts talked about this alternative.
With seven new infrastructure projects, the Ministry of Mines and Energy (MinMinas) looks to strengthen the reliability of natural gas supply in Colombia.
Ecopetrol (NYSE: EC) announced its energy plans for key oil fields in Colombia. The company has great expectations about the results of this strategy.
The Kroc Institute for International Peace Studies insisted on the need for structural reforms that would allow a long-lasting peace in Colombia.
The Colombian Association of Natural Gas (Naturgas) wrote a report comparing the prices of gasoline with natural gas prices in the main cities of the country. The price difference between these two fuels has increased recently.
The National Association of Entrepreneurs (ANDI) conducted a study to analyze the 64 territorial comptroller’s offices around the country on the use of public resources; results are worrying especially in royalties. Edgardo Maya Villazón, Comptroller General of Colombia, spoke on the results of this research.
According to the NOC, local hiring levels increased 24% during the first semester of 2018, compared to the same period last month.
The union’s president, César Loza, spoke with the press about what he wants to achieve through the negotiations.
There was considerable debate among industry watchers about whether companies spent the Capex they expected to in the first half of 2018 or held the money back. As usual every case is different – and we had to make some assumptions — but it looks like they spent as expected or more, except ECP.
There is no hotter political topic in the industry at this time than unconventionals with both the Ministers of Environment and Mines and Energy making declarations recently indicating a more open approach than that of the previous government. As might be expected, this has ‘unleashed the hounds of war’ from the anti-fracking side. Here well-known geophysicist and frequent contributor Jaime Checa gives his view, rational and balanced as always, scarce attributes in today’s world.
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