The OcadPaz reported positive results. However, irregularities in royalties’ resources for Casanare, Vaupés and the Caribbean region are a cause for concern. These and other stories in our periodic Royalties summary.
Parex (TSX: PXT) announced its financial and operating results for the fourth quarter and full year ended 2017. The firm reported oil production and reserves growth.
The candidates debated about Colombia’s reserves, fracking and royalties.
Canacol Energy Ltd. (TSX: CNE) announced its natural gas and crude oil reserves for 2017. The company reported positive results in key metrics like 1P reserves, Reserves Replacement Index (RRI) and Reserve Life Index (RLI).
Even though Ecopetrol (NYSE: EC) delivered less polluting fuel to Medellin, authorities reported environmental emergencies in the Eastern Plains and Tolima. The development of these and more stories in our periodic Eco summary.
The Colombian government committed to reduce greenhouse gases in the Paris Agreement and authorities want to promote the development of renewable energies to achieve it. Representatives of the energy sector spoke about the government’s strategies and the role of natural gas in this process.
Felipe Bayón, CEO of Ecopetrol (NYSE: ECP), spoke about the company’s recent oil discoveries, their relevance and the firm’s plans for this year.
The Ministry of Mines and Energy (MinMinas) and the Colombian Geological Service (SGC) spoke about a new initiative that will provide valuable data to the industry.
The union spoke about the measures that are being planned to improve the labor situation in the industry.
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