In his most recent Op-ed, Carlos Leal, President of the Colombian Association of Petroleum Engineers (Acipet), spoke about the effects of the current crisis in the industry, and of some ideas to overcome it.
The State currently has no plans to sell any assets to deal with the health emergency. The Decree 637 of May 6 2020, however, could change this situation, reopening the possibility of selling Ecopetrol (NYSE: EC).
Authorities announced new measures on ethanol imports from the US.
Although experts have said that this year will be shaped by a recession, the Central Bank (BanRep) spoke about another key term to understand what is coming: the recovery period.
Colombia is starting to re-open its economy, however, lack of clarity in some of the biosecurity protocols established by the government has delayed certain processes. Here are the details.
A long time reader of Hydrocarbons Colombia sees a parallel between the worst case pandemic scenarios (scare tactics?) used by Governments to gain public support and those used by the environmental movement to force behavioral changes in energy usage. .
The Ministry of Mines and Energy (MinEnergia) published the draft resolution that establishes the technical guidelines for the development of fracking pilot projects (PPII).
In its most recent report, the International Energy Agency (IEA) explains how the energy industry will change after the current crisis.
Barrancabermeja’s Mayor, Alfonso Eljach, met with Ecopetrol (NYSE:EC) representatives to discuss a work plan to achieve a gradual re-start of activities in the region.
The Minister of Mines and Energy, María Suárez spoke about production prospects amid the health emergency, and government initiatives to help the sector.
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