Biodiesel producers and representatives of the sector have spoken about recent actions of the government, which would allow the free importation of this fuel, affecting the local industry.
New Canadian / Colombian / Argentine oil and gas company Pentanova (TSXV:PNO) is getting attention these days. For one thing, any new company coming to Colombia will get interest. For another, the players involved are veterans of the Colombian industry.
Ecopetrol (NYSE: EC) has to deal with several problems to operate in the country such as attacks against infrastructure, oil theft, social unrest and popular referendums, among other. However, Felipe Bayón, CEO of ECP, is optimistic about the performance for this year, especially in terms of production.
Eight popular consultations to decide the future of mining projects in Colombia had been developed this year, where the ‘No’ has consistently won. The most recent, in Sucre (Santander), will be the ninth.
Colombia’s Attorney General is investigating several officials of Hupecol Operating Co. for possible environmental damage.
The Northeastern Regional Border Autonomous Corporation (Corponor) described the three attacks on the Coveñas Caño Limón pipeline as “truly alarming,” and reported damage to the municipalities of Teorama, El Tarra and Tibú (Norte de Sandander). The development of these and more stories in our periodic Eco summary.
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