A report by the Colombian Petroleum Association (ACP) shows that 70% of the variables of the Multidimensional Poverty Index showed better results in oil producing regions than in those that do not develop oil activities.
Through a nationalist statement, the union spoke about unconventional resources and the visit of US Vice president Mike Pence in Colombia.
Ecopetrol (NYSE: EC) announced that its current Chief Operating Officer, Felipe Bayón will take over as chief executive. Juan Carlos Echeverry resigned for family reasons. This news generated many reactions.
After presenting his resignation to Ecopetrol’s (NYSE: EC) Board of Directors, Juan Carlos Echeverry spoke about his achievements in the NOC’s financial situation.
Ecopetrol’s (NYSE:EC) board of directors accepted the resignation of the company’s current president Juan Carlos Echeverry, filed for family reasons. Just in the past few days, Echeverry had spokenabout the NOC’s international strategy to increase reserves.
Representatives of the sector have been giving their opinion on the alternative of developing oil projects through fracking. German Espinosa, President of the Colombian Chamber of Goods and Services (Campetrol) spoke about this option and its implications in the country.
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