The Colombian State Council decided on the natural gas infrastructure co-financing formula for large cities.
Ecopetrol’s (NYSE: EC) schedule for the Kale project calls for drilling to begin in the next few months.
The Colombian Oil and Gas Association (ACP) published a report comparing the economic conditions and quality of life in municipalities with extractive activities versus those without.
The ACP issued a press release on the last day of its Grand Forum which covered events of the day but also wrapped up the major themes. We have already covered Day 2 so here we translate the broader ideas and provide our own commentary.
Minister of Mines and Energy (MinEnergia), Diego Mesa Puyo, spoke about the challenges for the next government in mining and energy issues.
The ACP characterized day one of its annual congress as describing the problem and day two as presenting solutions. It was an opportunity for companies to talk about what they were doing.
At the opening of the ACP’s Grand Forum “Sustainability Actions”, Barranquilla’s mayor Jaime Pumarejo talked about “what the Americans call the elephant in the room”. Indeed, that elephant – the idea of banning oil and gas extraction – was the subtext of the entire congress.
The Colombian Oil and Gas Association (ACP) spoke about the economic effects of stopping oil exploration in the country.
The National Planning Department (DNP) announced the performance of the Royalty Project Management Index (LGPR) during 4Q21.
Fitch ratings talked about the increase in gas prices in the international market and its possible repercussion in Colombia.