The boom of anti-oil and mining referendums continues to grow around Colombia. There is a new committee to carry out a referendum to approve or reject extractive projects in an important municipality of the Putumayo.
Through statements, the Colombian Petroleum Association (ACP) and Ecopetrol (NYSE: EC) rejected the violent acts that were registered in the Castilla and Chichimene fields in Meta.
Frontera Energy (TSX: FEC) announced its financial and operating results for the second quarter of 2017. The company reported a net loss and decrease in operating EBITDA and capital expenditure this quarter.
The Colombian Caribbean region has high expectations about the benefits of the offshore industry. German Espinosa, President of the Colombian Chamber of Goods and Services (Campetrol) talked about challenges to supply operations.
Over the past few weeks, there has been a considerable change in the government’s public declarations about the industry.
USO reported that after Razón Pública newspaper published the article titled “Ecopetrol, 2003-2017: bankruptcy induces privatization?” The NOC sent a letter to the journalist Libardo Sarmiento, author of the publication.
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