Canacol Energy (TSX:CNE) reported its third quarter 2015 results, which showed a sequential increase in production and a fall in costs, but gas production fell sequentially although up year-over-year.
After Ecopetrol (NYSE:EC) said in no uncertain terms there is no money to modernize the Barrancabermeja Refinery despite outcry from residents, the oil workers union USO has charged that the NOC is planning to sell the unit, which the firm denies.
The National Hydrocarbons Agency (ANH) president Mauricio de la Mora outlined the entity’s goals in a meeting with the business sector and said that it expects 28 to 32 exploratory wells this year.
A recent investigation contracted by the Colombian Attorney General Eduardo Montealegre and carried out by political analyst and journalist Natalia Springer traced the environmental damage which from ELN backed oil infrastructure attacks, particularly on the Coveñas/Caño Limon (CCL) pipeline.
Ecopetrol has unveiled a number of projects being carried out jointly with the state training agency Sena, while Hocol detailed its social investments and local goods and services spending in Meta and surrounding areas. These and other stories in our periodic roundup of Corporate Social Responsibility (CSR) projects.
While Caribbean offshore blocks have received attention and been the site of recent discoveries, Pacific blocks have failed to gain the same interest and results. Now the National Hydrocarbons Agency (ANH) is looking to hold a competitive process in 2016 to find operators.
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