Political and economic problems in South American countries are leaving a gap in oil exports to the United States that Colombia is levering. Experts talked about this situation, as well as of opportunities for the country.
Earlier this month, 2,000 doctors sent a letter to President Santos asking him to rule out fracking. The Colombian Association of Petroleum Engineers (Acipet) replied.
Ecopetrol (NYSE: ECP) announced the construction of a new refined-products pipeline in the western region of Colombia. The company highlighted the benefits of this important project for the region and the environment.
The Ministry of Mines and Energy (MinMinas) announced the successful development of projects financed with the Incentive to Production, but authorities warned about irregularities in the development of other projects. These and other stories in our periodic Royalties summary.
Frontera Energy (TSX: FEC) announced its financial and operating results for 1Q2018. The company reported advances in its drilling program with excellent results and production increased during 1Q18 compared to the previous quarter.
Industry entrepreneurs highlighted the city’s offshore potential and talked about what should be done to maximize upcoming opportunities.