The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for November 2018. The good trend continues, as the industry reported more rigs working in this period compared to November 2017 and previous month.
The low levels of oil and gas reserves have generated concerns in Colombia and the lack of exploratory activity has increased these worries. María Fernanda Suarez, Minister of Mines and Energy (MinMinas) spoke about the government’s plans for the industry and its future.
Surtidora de Gas del Caribe (Surtigas) announced that Santiago Mejía Medina will take office as the new General Director on December 15th, 2018.
After days of protests in Ecopetrol’s (NYSE:EC) Cupiagua field (Casanare), communities decided to sit down and talk. Here is what both parties agreed on. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Oil prices have decreased considerably in recent months, generating concerns in the sector. The Organization of Petroleum Producing Countries (OPEC) agreed to reduce its production to counteract this situation, which could benefit the country.
Slowly but surely, the industry has been recovering from a drastic fall in oil prices. What are top global firms planning for next year?
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