At this time of year, the UPME publishes its annual forecasts for gas demand and supply. Here we take a look at the conclusions, focusing on key graphs.
A few weeks ago, a poll appeared showing Gustavo Petro in first place for Colombia’s upcoming elections. Somewhat naturally, this raised eyebrows and raised concerns in the oil and gas industry.
Unconventional projects are the main alternative of Colombia to solve the problem of energy self-sufficiency in the short (and maybe even longer) term. This option has generated many discussions and controversies, but the National Authority of Environmental Licenses (ANLA) recently made a historic decision on this issue.
The guerrilla announced a three- day general strike throughout the national territory and asked passengers and transporters to refrain from traveling and that way “avoid inconveniences.”
The Colombian Petroleum Association (ACP), the Colombian Chamber of Petroleum Goods and Services (Campetrol), the Colombian Association of Petroleum Engineers (ACIPET), the Colombian Association of Engineers, Cundinamarca Chapter (ACIEM) and the Colombian Association of Geologists and Petroleum Geophysicists (ACGGP) joined forces to celebrate the presence of the industry in the country.
According to economist Marc Hofstetter, Gustavo Petro’s initiative of installing solar panels in households could lower energy prices, but would it be viable in Colombia?
The Coveñas Caño Limón (CCL) pipeline continues to be the main target of terrorist acts by illegal groups, especially the ELN. Authorities and Ecopetrol (NYSE: ECP) reported new attacks against this important asset.
Social conflict and insecurity affect the development of the oil sector in Colombia. Frontera Energy (TSE: FEC) is having problems of this type in one of its blocks and had to make a transcendental decision.
Francisco Reynés was appointed as the Spanish firm’s new executive chairman and will replace Isidro Fainé, who will remain in the company as honorary president.
The Police and the Attorney General’s Office announced that the gang leaders were captured and one of them was an Ecopetrol (NYSE:EC) contractor. The development of these and other stories in our periodic Security summary.
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