The drop in oil consumption resulting from the Covid-19 pandemic will be greater than expected, the Organization of Petroleum Exporting Countries (OPEC) said.
The Colombian-Canadian Chamber of Commerce hosted its ‘Oil & Gas Scenarios in Latin America webinar.’ HCC attended the event.
Francisco Lloreda, President of the Colombian Petroleum Association (ACP), spoke about the current crisis and its effects on oil companies.
Experts from different economic sectors spoke about the need to reach a national agreement to reactivate the economy.
The rating agency spoke about the measures that Latin American oil companies have taken to face the current crisis.
Former president of the National Mining Agency (ANM), Silvana Habib, spoke about the sector’s upcoming challenges.
The Organization for Cooperation and Development (OECD) spoke about the government’s plan to reactivate the national economy.
Former Ministers of Finance (MinHacienda) Rudolf Hommes and Mauricio Cárdenas, spoke about the sectors of the economy that need to be reactivated to boost the GDP growth.
The Director of economic investigations at Corficolombiana, José López, spoke about the possibility of selling national companies like Ecopetrol (NYSE:EC) and ISA.
The Transport Association spoke about the economic reactivation process, mentioning the challenges the industry will face in coming months.
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