The Ministry of Mines and Energy (MinMinas), the National Hydrocarbons Agency (ANH), the National Council on Economic and Social Policy (CONPES) and the Ministry of Industry and Tourism, among other governmental groups, have established policies to promote offshore and unconventional energy sector development.
The National Hydrocarbons Agency (ANH) has put out a call for successful cases of social development and Corporate Social Responsibility (CSR) projects in regions with hydrocarbons production.
Missing hard drives with confidential data on offshore blocks and questions about potentially falsified contract guarantees have hit the National Hydrocarbons Agency (ANH), in what is turning into a true mystery drama playing out in local press headlines.
Over 1,000 royalty projects are at risk of having their approval revoked while Santander’s royalty income takes a bigger hit than expected. These and other stories in our periodic roundup.
As part of its new strategy, Ecopetrol (NYSE:EC) is planning to focus on its larger producing blocks and implement a divestment plan for at least 45 of its smaller fields.
After statements made by USO president Edwin Castaño that Ecopetrol is considering sell part of its transport and logistics firm Cenit, Ecopetrol’s vice president Camilo Marulanda said that it is not an option being considered.
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