Ivan Duque, President of Colombia, promised to make changes in the oil sector to boost its growth and the General System of Royalties (SGR) is one of the main discussion topics. Communities and authorities spoke on this issue in an Oil and Gas forum in the municipality of Aguazul (Casanare).
The National Hydrocarbons Agency (ANH) announced the official launch of its Permanent Competitive Process. Here is what the industry has to say about it.
The spokesman for the Commission of Experts created by the Ministry of Mines and Energy (MinMinas) explained why the government should wait to implement this controversial technique.
The government of Ivan Duque wants to encourage oil sector growth, through the signing of new oil contracts. Colombian authorities and the industry have already signed new agreements, representing large investments. However, some factors could affect their development.
On February 14, 2019 the Commission of Experts gave its report on the adoption of fracking / unconventional technologies for Colombian exploration and production. We have written several articles on the content. Here we talk about the press reaction.
We attended the presentation by the Commission of Experts engaged to give recommendations on fracking. The next day, we published a summary of the recommendations, last Monday we explored those in some depth and today we go back to fill in some of the details.
The National Hydrocarbons Agency (ANH) hosted an event to announce the official launch of its Permanent Competitive Process. HCC was there.
Senator Maritza Martínez (U Party) gave her view on the development of fracking in Colombia, after the Commission of Experts said the country needs to gather more information on the matter.
Ecopetrol (NYSE: EC) reported low levels of B2E diesel stock for pipeline transport systems due to maintenance activities in the Barrancabermeja Refinery during the first weeks of February. The Ministry of Mines and Energy (MinMinas) published measures to mitigate this situation and ensure distribution in the country.
The Commission of Experts gave a ‘definitive maybe’ to the development of fracking in Colombia, and the media started to speculate on the matter. Here is what the main national newspapers said.
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