The Colombian government announced its development plan for the current Presidential period, and the mining-energy sector plays a key role in this project. Authorities explained their plans and goals to boost this industry.
Authorities reported the highest levels of oil theft back in 2001. This is what they did to bring the metric down significantly.
Anderson Castro, Masters in Chemistry from the National University, explains why leveraging natural materials like clay might benefit the industry.
Transparency International recently published its Corruption Perception Index (CPI). Boards and ethical investors will be paying attention. After the scandals of recent years, corruption has become a key issue with voters as well.
An anonymous reader sent me an email about our article on Venezuela from a week or so ago. He disagreed with the ACP’s conclusion that turmoil in Colombia’s neighbor was a big opportunity for our oil and gas sector. I concur with him.
Oil production in Colombia showed stable performance throughout 2018, but the National Hydrocarbons Agency (ANH) has not reported information per field for the last two quarters of the year. However, the agency recently reported 2Q18 figures per field and we updated our database to analyze oil companies’ production metrics.
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