News and AnalysIs for

Ecopetrol (NYSE:EC) confirmed that it is working on projects in the Eastern Planes, vital to assure the industry’s reactivation.

Ecopetrol (NYSE:EC) announced investments to develop unconventional resources in Texas, while Colombian authorities still debate about the future of fracking pilot projects in the country.

American authorities fear that the government’s decision to temporarily impose a surcharge on US ethanol imports, may become a permanent measure.

The National Hydrocarbons Agency (ANH) announced the signing of oil contracts with Parex Resources (TSX: PXT), confirming that “things are moving again.”

The National Hydrocarbons Agency (ANH) announced the signing of oil contracts with Gran Tierra Energy (TSX: GTE), as a result of the first auction of the Permanent Area Assignment Process (PPAA).

The Ministry of Mines and Energy (MinEnergia) reported natural gas production figures for June 2019. This is what the Colombian Association of Natural Gas (Naturgas) had to say.

The Ministry of Mines and Energy (MinEnergia) reported oil and gas production figures for June 2019. Crude and natural gas production increased during the first semester of this year compared to 2018.

Colombia continues to discuss the possible benefits of implementing unconventional techniques such as fracking. Felipe Bayón, CEO of Ecopetrol (NYSE: EC), spoke about the potential for different regions.

The National Hydrocarbons Agency (ANH) reported information per field for the last quarter of 2018. We updated our database to analyze oil companies’ production metrics and the top oil operators and Working Interest (WI) producers in the country.

Industry Associations have called for the implementation of fracking to avoid self-sufficiency issues. However, this alternative is still a cause for concern among different sectors of the Colombian society.