No, we are not talking about Gustavo Petro’s plans to shift Colombia’s energy matrix to renewables, although that might turn out to be one part of the solution. Instead, MinMinas is looking for medium and long-term proposals without prejudging the technology.
Ecopetrol (NYSE: EC) announced advances in the relocation plan for families affected by the environmental disaster that occurred in La Fortuna, La Lizama and Pozo Quemado in last March.
Newspaper La Republica recently published an excellent distillation of the essential differences between the two remaining candidates for Colombia’s Presidency, Iván Duque and Gustavo Petro.
The Colombian oil sector is experiencing times of great uncertainty, due to the presidential elections and the boom in the anti-oil referendums. This situation could affect the development of several agreements between the government and oil companies, especially the Exploration and Production (E&P) contracts. We will analyze the production that is at stake due to this situation.
German Espinosa, President of the Colombian Chamber of Petroleum Services (Campetrol) spoke about oil activities in Colombia, the care of the environment and the industry’s contributions to the regions and the economy of Colombia.
Colombia was accepted to join the exclusive Organization of Economic Cooperation and Development (OECD). This means opportunities and obligations for the country with implications for investors.
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