The Regional Autonomous Corporations (CARS) defended their role in the awarding of environmental licenses and expressed concern that national authorities like the National Agency of Environmental Licenses (ANLA) have ignored their opinion and approved projects.
Casanare congressional representative Luis Hernando Otálora has reminded his constituents to have some restraint when making requests for the oil industry, focusing on local hiring for goods and services.
The Ministry of Mines and Energy (MinMinas) has the unfortunate claim of being the ministry with the largest share of controversy in this current government, but the Ministry of Environment (MinAmbiente) is not far behind.
Ecopetrol (NYSE:EC) president Juan Carlos Echeverry said that the firm does not see short term relief in the price of crude, and that it will continue “in crisis mode” for the foreseeable future, even for the next five years.
Recently I found myself in Riyadh, Kingdom of Saudi Arabia (KSA) explaining the impact of lower oil prices to an audience of telecom managers, the vast majority of them Saudis.
Last week’s announcement of 916 mbd for March production was a shocker but MinMinas said nothing about why it happened. Virtually the next day, April 22, 2016, the ANH published field level detail for January and February (but not, unfortunately, March).