Colombia is working in strategic fields to increase its oil production as soon as possible. This strategy is generating the first positive results and the Akacias field is proof of that.
Manuel Buitrago, General Director of Gran Tierra Energy (TSX:GTE) in Colombia spoke about the firm’s plans in Putumayo.
Colombian political parties are preparing for the upcoming regional elections in the country. The main cities of the country attract the greatest interest by Colombian political parties.
The National Planning Department (DNP) announced that the regions will receive a generous budget in 2019 that will allow the development of 887 projects. These and other stories in our periodic Royalties summary.
The Ministry of Mines and Energy (MinMinas) announced a decrease in fuel prices for January 2019. The National Administrative Department of Statistics (DANE) spoke about the behavior of this metric in 2018.
Colombia has not had oil rounds for several years, which has affected the sector’s outlook for the medium and long term. However, the National Hydrocarbons Agency (ANH) plans to offer new areas in the coming weeks.
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