Ecopetrol’s (NYSE: EC) export distribution is changing, but the United States remains as the principal destination of Colombian crude. The company said that exports decreased as the Cartagena refinery is using more oil.
Through a declaration, the ELN threatened Parex’s (TSX: PXT) workers and declared them military target.
The government will tender the regasification plant project on the Pacific coast, despite experts’ opinions against it. Authorities have already defined a period to carry out this ambitious project.
The union expressed its “sadness and indignation” over the alleged unilateral and arbitrary decision of Ecopetrol’s (NYSE: EC) management to fire National USO director, Rodolfo Vecino.
Colombia’s Central Bank (Banrep) released final 3Q17 Foreign Direct Investment (FDI) figures for the country. This increased in the sector compared to same period last year, but dropped compared to 2Q17. Total FDI grew considerably in Colombia.
Through five different projects in the Caribbean coast and the center of the country, TGI and Promigas could improve Colombia’s gas transportation and supply.
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