The Ministry of Mines and Energy (MinMinas) announced a new increase in fuel prices. The entity said that Hurricane Harvey affected prices in Colombia.
The project had an investment of CoP$43B and will guarantee natural gas supply for one million residential, commercial, vehicular and industrial users in Antioquia.
About a month ago we looked at the ANH’s recently-published field-level production data for 1Q17 to see why Colombia had fallen so far from its peak production of 1,029 mbd in 1Q15.
The union celebrated Ecopetrol’s (NYSE:EC) 66th anniversary and highlighted its positive results.
Attacks on the Caño Limon-Conveñas pipeline affect the environment, Colombian production, Colombia’s tax revenues and the returns of shareholders in companies which depend on this infrastructure. Ecopetrol (NYSE: EC) reported a new attack on this facility.
The Colombian oil sector is facing many challenges and problems in the country. There is much concern about the industry’s future and several oil associations have joined forces to create a committee to boost the sector.
Army forces and the Fiscal and Customs Police (Polfa) gave a report on their operations throughout Colombia to fight oil theft. The development of these and other stories in our periodic Security summary.
The National Hydrocarbons Agency (ANH) will offer exploratory blocks located in the Colombian Caribbean coast. Orlando Velandia, President of the ANH, spoke about this.
The Colombian Association of Petroleum Engineers (Acipet) said that the Minister of Environment (MinAmbiente) Luis Gilberto Murillo, lacks information and sense of opportunity after saying that Colombia is not ready to develop fracking.
The National Environmental Licensing Authority (ANLA) participated in a forum to discuss the Valuation of Environmental Services, and oil spills were reported in different oil producing regions. The development of these and more stories in our periodic Eco summary.
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