Colombia continues to discuss the possibility of implementing unconventional techniques to increase its oil reserves. According to experts, this could be some of the effects that losing self-sufficiency can have on the national economy.
The government announced the Medium Term Fiscal Framework (MFMP) projections for the oil sector. The Chamber of Petroleum Goods and Services (Campetrol) spoke about these projections and the expectations that they generate.
The director of the National Environmental Licensing Agency (ANLA), Rodrigo Suárez, spoke about the entity’s new tool to monitor projects in the territories.
According to Ecopetrol’s (NYSE:EC) CEO, Felipe Bayón, Colombia’s greatest potential in unconventional deposits is located in the departments of Cesar and La Guajira. Here is why.
Ocensa, the largest oil pipeline in Colombia, announced an increase in transport prices, generating controversy in the sector. This “fight” between oil companies and Ocensa continues and government representatives spoke on this issue.
The Colombian government launched its Circular Economy Strategy, making Colombia the first Latin American country to implement this initiative, and the industry the first sector to provide results.
The National Environmental Licensing Agency (ANLA) spoke about its Resumé Bank; an initiative to assure that only the best professionals will represent the entity in the territories.
The National Hydrocarbons Agency (ANH) is working to reactivate the industry. The entity’s president gave details on preparations for the upcoming Permanent Area Assignment Process (PPAA).
Technical groups of the National Environmental Licensing Agency (ANLA) developed an environmental monitoring process for different industry projects. Here are the details.
According to the source, Colombia’s Ecopetrol will remain stable in the region, fighting to maintain its oil production levels stable.
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