News and AnalysIs for

Aside from its economic and social crisis, Cucuta is is now facing high natural gas costs.

Natural gas reserves have been falling in recent years, and production is concentrated in a few fields. Analysts discussed the situation.

The Ministry of Mines and Energy (MinEnergia) reported natural gas production figures for October 2019.

Industry experts debated the ‘shale revolution’ and its implications for the world’s economy, competitiveness and environment.

Ecopetrol (NYSE: EC) decided to leave Hocol in charge of a very important segment for the future of its business group.

Promigas announced its operational and financial results during the third quarter of 2019. The company highlighted a positive financial performance.

The Colombian government announced a tariff reduction for natural gas vehicles (NGV). Industry Associations and representatives spoke on the matter.

Losing self-sufficiency is still a cause for concern among authorities. Maria Fernanda Suarez, Minister of Mines and Energy (MinEnergia), spoke about what Colombia loses if natural gas reserves are gone.

This year’s Oil and Gas Summit took place in Bogotá, providing a space for industry experts to discuss relevant issues like Colombia’s energy transition process. HCC attended the event.

Canacol Energy (TSX: CNE) is betting heavily on Colombia’s natural gas market; its large investments in exploration and infrastructure translated into positive results in terms of sales.