The minor oil spill from the Lizama well generated a controversy between environmentalists, inhabitants and people against the sector. Ecopetrol (NYSE: EC) announced the actions taken to compensate for the damage.
The Colombian Petroleum Association (ACP) made recommendations to the government of Iván Duque to improve the performance of the industry in Colombia.
The oil sector faces many challenges to operate in Colombia, but attacks on infrastructure and insecurity are two of the main ones. The Ministry of Mines and Energy (MinMinas) spoke on this issue and the communities’ role in this issue.
The union announced that it submitted the list of requests to Ecopetrol´s (NYSE:EC) management, to start negotiations of a new Collective Labor Agreement.
On August 7th, 2018, the Presidency of Juan Manuel Santos will come to an end. How was it on balance for the oil and gas industry? We will assemble the statistical evidence in an Analyst’s Desk article and, in this multi-part article, I look at some of the more qualitative assessments.
The Organization of Petroleum Exporting Countries (OPEC) reported on the oil sector in Latin America and Colombian results are not encouraging. The National Hydrocarbons Agency (ANH) disagrees with OPEC.