The sector is concerned about its future and several representatives have shown their interest in implementing new techniques such as fracking in Colombia. This has generated a huge debate in the country, but the government does not take a clear position on the issue
The Council of State ruled a dispute that, according to the plaintiffs, had prevented Colombia from receiving at least CoP$12T in taxes.
Ecopetrol (NYSE: EC) is looking to expand its international presence in the region, and the company announced a new alliance for exploration and production in the Americas.
Hard to believe but this is our fifth anniversary. Our website came up in late October of 2012 and our first daily newsletter dates from that time as well.
As noted in today’s companion article, the first major even that we covered was the 2012 Round of block auctions in the month of October.
The union spoke about the successful start of the negotiations with Fepco and HV Services, and said that as a result of the companies’ willingness to come to an agreement, negotiations between the three parties will take place at the same time.
The National Environmental Licensing Agency (ANLA) hosted its2H2016-1H2017 accountability session in Bogotá.
Ecopetrol (NYSE: EC) has focused on hydrocarbons exploration and production since it began operations, but decided to enter in a new line of business in Colombia.
GasColombia experienced a “boom” of cars conversions to natural gas some years ago, but this has gradually diminished. Some industry representatives talked about this market.
Meta’s Secretary of Environment, Oswaldo Avellaneda, called for the industry and the Government to provide resources and help the department face its environmental and social issues. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.