Following the publication of Agreement 2 of 2017, the industry highlighted the progress, but also warned about consequences that the new regulation brings.
The coal-mining company Drummond announced that it is ready to explore unconventional natural gas in the departments of La Guajira and Cesar. The has firm signed four contracts with the National Hydrocarbons Agency (ANH).
Allegedly, there is a transnational oil smuggling network that transports oil from Venezuela to Colombia. Authorities reported the confiscation of more than 3,000 gallons of fuel in Arauca and Norte de Santander. The development of these and other stories in our periodic Security Summary.
Ecopetrol (NYSE: EC) said that blockades and protests are affecting the operations of the country’s main producing field, Rubiales. Members of the Alto Unama, an indigenous community, hold protests in this important field and they are causing big losses.
The National Department of Planning (DNP) wants to boost projects through mining and oil royalties around Colombia. Luis Fernando Mejía, Director of DNP, talked about this strategy.
Ecopetrol (NYSE:EC) helped rebuild reefs in the departments of Sucre, Nariño and Magdalena, but oil spills in Casanare affected the fauna and flora of the department. The development of these and more stories in our periodic Eco Summary.
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