Getting an environmental license is one of the challenges that oil companies must overcome to develop their plans. The National Environmental Licensing Authority (ANLA) has been quiet over the past several months, but recently published a decision concerning a project of Hocol S.A.
The appointment of a consultant and costs of the popular action have become an issue in the judicial process involving Gran Tierra (TSX:GTE).
Presidential candidate Gustavo Petro proposed a total change to Colombia’s economic model, where oil and mining activities are replaced by a productive agro industrial economy.
The Center for Economic Studies of the National Association of Financial Institutions (ANIF) conducted a study on the petrochemical value chain in 2017, and its future perspectives under the direction of Sergio Clavijo and Alejandro Vera and Juan Diego Londoño’s collaboration.
Recently, Ecopetrol (NYSE:EC) got the public’s attention about the violence in southern Meta with a ‘gee whiz’ estimate of how much oil production was at risk. That got our Analyst thinking about production concentration and risk.
The Sinu San Jacinto bid round was announced with great fanfare on September 12th, 2017. The auction was supposed to have completed before the end of that year. Now, quietly, the date keeps slipping.