GasColombia’s energy bet is natural gas; authorities are optimistic for the future. Orlando Cabrales, President of Naturgas, spoke about gas reserves and investments for coming years.
Ecopetrol reported Bioenergy’s “El Alcaraván” ethanol plant entered the production and operational phase, and will progressively enter the commercialization stage.
Juan Carlos Echeverry gave details on Trogón and Lorito 1; two of Ecopetrol’s (NYSE:EC) most controversial projects in Guamal’s community.
Ecopetrol (NYSE: EC) announced its operating strategy for this year. Unsurprisingly, the company wants to continue generating short-term profits for its shareholders.
The oil industry has contributed to the country’s development, but also provokes rejection by some. Juan Carlos Echeverry, CEO of Ecopetrol (NYSE: EC), referred to this situation and said that the country must make a decision.
Casanare’s administrative court ruled against Parex Resources (TSX: PXT) over a project in Llanos 29 and the firm says it will contest the decision, even though it has no interest in continuing the project.
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