There are many offshore projects to develop in the Caribbean Sea and it has attracted the attention of many cities to invite companies to their territories. Oil firms are already starting to choose where to set up their facilities.
Terpel, together with the Agency for Reincorporation and Standardization (ARN)supported three projects managed by former guerrilla and paramilitary members in the department of Casanare.
Colombia is not an oil country, but the crude industry is one of the most important for the economy. The Superintendent of Companies published a report of the companies with the highest operational revenues in 2016 and oil companies stand out in this list.
The Colombian Petroleum Association (ACP) believes that the wave of popular consultations in the country can have negative consequences for companies wanting to find reserves in the country.
The Colombian Petroleum Institute (ICP) is the main research center of the industry in the country. ICP announced investments to support Ecopetrol’s 2017-2020 business plan (NYSE: EC).
Oil theft and illegal transportation of fuel have become a big issue in the departments of Norte de Santander and Arauca. However, the police have been able to react to it and are now working on new strategies to keep the issue under control. The development of these and other stories in our periodic Security Summary.
Ecopetrol (NYSE: EC) wants to start recovering the reserves lost because of the oil crisis and low exploration in recent years. The company has high expectations for two wells.
Industry experts talked about how consumers would benefit from the liberalization of fuel prices in Colombia.
Environmental emergencies took place at Ecopetrol’s (NYSE:EC) El Llanito field and La Selva village in Santander. The development of these and more stories in our periodic Eco Summary.
GasThe Colombian Petroleum Association (ACP) said that the country needs big changes to guarantee gas self-sufficiency in Colombia.
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