Colombia faced hard times in recent years, but it seems like it survived. Projections are positive but conservative and different experts talked about the country’s economic challenges to growth.
The Minister of Mines and Energy (MinMinas), Germán Arce, appointed two engineers as expert commissioners in the Energy and Gas Regulatory Commission (CREG).
The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures in the country for January 2018. Crude extraction decreased compared to the previous month, but this metric is above the government’s mid-term target.
The CEO of Ecopetrol’s (NYSE: EC) subsidiary, Alberto Consuegra, said that even though better oil prices bring positive expectations for 2018, the industry will have to overcome important challenges to leverage the new opportunities.
Frontera Energy Corporation (TSX: FEC) and PentaNova Energy Corporation (TSXV: PNO) announced changes in their executive positions.
The union spoke about the violent acts that took place at Ecopetrol’s (NYSE:EC) fields in Meta, and questioned the NOC’s decisions.