The Colombian government committed to reactivate the oil sector and has taken several steps to achieve it in recent months. The National Hydrocarbons Agency (ANH) announced the creation of the Permanent Competitive Process (PPAA), attracting the interest of new investors to the country.
The government of Iván Duque is betting on the oil sector reactivation and the expectations for this process are high among Colombian authorities. The National Hydrocarbons Agency (ANH) itself would be one of the main public entities benefiting.
The President of the National Hydrocarbons Commission (ANH), Luis Miguel Morelli, talked to El Colombiano about the current situation and prospects for the national oil sector. Here are the details.
Authorities are investigating Ecopetrol’s (NYSE: EC) finances, after the General Comptroller’s Office carried out a financial audit to the NOC.
Federico Gutierrez, Mayor of Medellin, spoke about the city’s sustainable transportation system and its benefits in social terms.
The second half of this year will bring positive news for investors, following the government’s attempts to “get the sector moving.” Here is why.
Maria Fernanda Suarez, Minister of Mines and Energy (MinEnergia), spoke about Colombian exports’ performance and the extractive sector’s role in this important metric.
Only tomorrow will we know if Geopark responds to Frontera’s counteroffer for VIM 22 and the ANH’s first round of its Permanent Competitive Process (PPAA) will complete officially only on the 15th of July. But I think the ANH should already be breaking out the vintage soda water, declaring this round a success.
Moody’s rating agency reported on the current situation of the oil and gas industry in Latin America. The agency spoke about Ecopetrol’s (NYSE: EC) dividends, among other issues.
TransMilenio welcomed new Vehicular Natural Gas (VNG) buses to its fleet, but comments by Gustavo Petro, former Mayor of Bogotá, started a debate. The Colombian Natural Gas Association (Naturgas) spoke on the issue.