Ecopetrol (NYSE: EC) announced advances and investments in La Cira-Infantas, one of the most important producing fields in Colombia. The NOC highlighted the increase in oil production in this important area since 2005.
Concerns about global warming have generated several agreements and commitments around the world to reduce polluting emissions. The Colombian oil sector has not been left behind in this process and Ecopetrol (NYSE: EC) announced new measures to reduce pollution levels.
Like most everyone else in the industry, Ecopetrol (NYSE:EC) is having a great year financially and statistically. However, the integrated nature of the the NOC means it takes a bit of work to see what is happening in just the E&P business.
The NOC spoke about the increase in local hiring levels nationwide, highlighting positive results.
Ecopetrol (NYSE: EC) commented on the COR 62 project viability that crosses several ecosystems and generated concerns about its environmental impact. Edward Tovar, Manager of Unconventional Deposits at ECP, spoke on this topic.
In an attempt to help climate change, firms operating in Colombia announced a roadmap to reduce their CO2 emissions. The development of these and more stories in our periodic Eco summary.
The First Oil and Gas summit: 100 years promoting the development of Colombia brought together important representatives of the industry. They recalled the history of the sector in Colombia.
Ecopetrol (NYSE: EC) has big plans for the refining sector in Colombia. The company announced the creation of its Integrated Refining System (SIR) to improve its operations in this industry.
The Senate’s Fifth Commission will soon decide on three projects that could potentially ban fracking in Colombia. Industry experts spoke about what could happen if authorities close the doors to unconventional resources.
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