The National Planning Department (DNP) initiated a process to modernize the Planes de Ordenamiento Territorial (POT) in the country. Many municipalities with oil activity are part of this process and must adjust to the new rules.
USO reported their health and education rights are being supposedly violated by Ecopetrol (NYSE:EC.) The Union said drastic measures would have to be taken if the NOC does not agree to negotiate with them.
Crudo Transparente is a non-governmental organization that “informs, socializes and analyzes the socio-economic impacts of the hydrocarbons sector in the country”.
We needed to build a simple gas forecast for a few fields for a consulting project so we decided to build a model of the Colombian market. The results were interesting even with these simple assumptions.
Through the Oil Development Program (OFD), the Norwegian Agency for Development and Cooperation (NORAD) aims to provide assistance to developing countries that want to manage oil resources in a sustainable way. Colombia is currently benefiting from the project.
Ecopetrol (NYSE: EC) reported the number of jobs created through contractors in 4Q16. Oil activity and recruitment of personnel are recovering.
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