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.
The General Comptroller´s office conducted an evaluation of the management of the National Environmental Licensing Authority (ANLA) during 2016. The results were negative.
The government is analyzing a decree that could help mitigate the tension between the industry and communities; so far, feedback on the infrastructure for taxes initiative has been positive. These and other stories in our Royalties periodic summary.
Ecopetrol (NYSE: EC) reported a substantial increase in ethanol production during July. Its subsidiary, Bioenergy managed to register significant growth despite environmental difficulties in the Llanos Orientales.
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