Colombia’s Central Bank (Banrep) released 1H17 Foreign Direct Investment (FDI) figures for the country. This increased in the oil and mining sector compared to the same period last year, but total Colombia FDI decreased.
The National Hydrocarbons Agency (ANH) announced the date for a new Round, after postponing it a couple of weeks ago for bureaucratic reasons. There has not been a bid round since 2014.
The Colombian Association of Petroleum Engineers (Acipet) hosted a meeting where Martin Kaindl, Director of Institutional Relations of the Argentinean Institute of Oil and Gas (IAPG,) spoke about Argentina’s experience with non-conventional resources. HCC attended the event.
Ecopetrol (NYSE:EC) reported that oil taps in the Quililí field have led to oil spills that are threatening local water sources, and communities in Santander denounced environmental damage to their territories. The development of these and other stories in our periodic Eco summary.
GasConcern in the gas and energy sectors is growing because they do not see an update or clear rules to operate. Representatives of the sectors spoke about this situation.
Ecopetrol’s (NYSE: EC) president said that the company will focus on the production of shale oil in the Middle Magdalena Valley.
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