The executive president of the Colombian Petroleum Association (ACP), Francisco Lloreda, called on Meta’s authorities to work together and help turn the industry’s crisis into an opportunity for the department.
After more than half a century of being a ‘revolutionary’ armed group, Farc will debut into Colombian politics with their own party, which will promote “revolution, peace and democracy.”
The National University of Colombia, together with governmental entities, created a website to show the environmental conflicts in Colombia. Oil, mining, hydroelectric and tourism projects appear on this website.
Ecopetrol (NYSE: EC) wants recover the ground lost by the oil crisis. To achieve this, the NOC has big plans around Colombia. The department of Huila will have several projects this year.
Canacol Energy Ltda (TSX: CNE) announced an agreement to a 50% farm-in with Pacific Exploration and Production (TSX: PEN) for a gas block near its other properties.
Valle del Cauca business associations defended the construction of the Pacific coast regasification plant because according to them, is an important competitiveness element for Colombia.
Equión showed its commitment to El Morro community in Santander, by providing them with the necessary for healthy activities, and Ecopetrol (NYSE:EC) raised its local hiring figures by 51% during the last six months. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The oil and mining industry has many challenges in the country and legal uncertainty is one of the major ones. Authorities want to improve it, and they are working to achieve it.
GasYesterday we discussed crude oil production based on the March 2017 MinMinas press release. This release also gives the gas ‘production’ figures and allows us to update this graph.
The National Army and the Fiscal and Customs Police (Polfa) announced positive results in their fight against fuel smuggling from Venezuela to Colombia. However, Ecopetrol´s (NYSE:EC) ‘La Lisama’ camp in Middle Magdalena was attacked once again. The development of these and other stories in our periodic Security Summary.
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