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María Luisa Chiappe, President of the Colombian Association of Large Energy Consumers, (Asoenergía), spoke about natural gas imports, forced purchase of renewable energies and the country’s energy competitiveness.

While in its June report, the International Energy Agency (IEA) acknowledged Colombia’s positive performance, improving its projections in terms of oil extraction for 2019, the Agency lowered this projection in its most recent report.

In his most recent Op-ed, Francisco Jose Lloreda, President of the Colombian Petroleum Association (ACP), spoke about the need to understand the energy transition process, before attacking the oil industry.

Authorities and experts spoke about the possible consequences of closing the door to fracking, now that the State Council decided to keep delaying a final decision on the matter.

The United Nations (UN) recently held a conference on trade and economic development. There experts talked about Colombia’s exports and their dependence on certain products.

Giovanni E. Reyes, Ph.D. University of Pittsburgh / Harvard and Associate Professor and Director of the Master of Management at the Universidad del Rosario made an analysis of the extractive industry in the country.

Colombia still has not made a final decision on the implementation of unconventional techniques to develop oil projects. However, authorities, unions, experts and environmentalists continue to discuss this issue. The National Union Council (CGN) ruled on this issue.

Professor Brad Hubbard of the University of Calgary, an expert in unconventional deposits regulation, spoke about the experience of Alberta in the development of these projects. HCC was present at the event and we bring a brief summary of the meeting.

Geologists from Virginia Tech University (VT) spoke about the relationship between the injection of produced water in some territories, and earthquakes.

Colombia continues to discuss the possibility of implementing unconventional techniques such as fracking and its effects. Erdal Ozkan, professor of petroleum engineering at the Colorado School of Mines, spoke about this controversial technique and gave some recommendations for its implementation.