The president of the National Hydrocarbons Agency (ANH), Orlando Velandia, spoke about how fracking is progressing in the country and reiterated the need to understand that a big part of the national economy depends on the industry.
The government has great hopes for offshore projects to guarantee the country’s energy self-sufficiency in the long term. Authorities have created several regulatory standards to promote the development of these new projects.
Security and Public OrderThe union said that its fight against fracking is just beginning and that together with communities; they have managed to delay the pilot project in San Martín (César).
The National Hydrocarbons Agency (ANH) hosted its 2017 accountability session in Bogotá and HCC attended the event. According to the entity’s president, Colombia is an international benchmark in oil matters.
A few weeks ago, we published a story about Barranquilla becoming a member of the World Energy Cities Partnership (WECP). I could not resist the temptation to make an ironic comment about being an ‘energy city’ without having produced a drop of oil.
We decided to take a fresh look at our tracking of security incidents near pipelines to make the analysis easier and ensure we were being consistent in our classifications.
According to a report from the Colombian Petroleum Association (ACP), companies invested US$3.4M in the country during 2017.
The government has taken several measures in fiscal terms with the aim of recovering deteriorating public finances and combating climate change. Expectations of the authorities are high, especially with taxes for fossil fuels, but there are emerging concerns about the real destination of these new taxes.
The Minister of Mines and Energy (MinMinas) participated in Semana’s ‘Clean Energies Week,’ where he spoke about the environmental benefits of converting public transportation into Vehicular Natural Gas (VNG). The development of these and more stories in our periodic Eco summary.
Sergio Clavijo, Director of the Center for Economic Studies (ANIF) in collaboration with Ekaterina Cuéllar and Nelson Vera analyzed the behavior of Ecopetrol (NYSE: EC) stock price after a decade in the public market.