Ecopetrol (NYSE:EC) has unveiled a US$12.8M water injection plant in Huila that it hopes will help keep its production numbers up in the Dina Terciarios field.
Óscar Iván Zuluaga’s win on Sunday, May 25 over incumbent President Juan Manuel Santos in the first election round has positioned the peace talks as the defining topic for the second presidential round coming on June 15th.
GasThe Ministry of Mines and Energy Amylkar Acosta welcomed the announcement of a US$249M gas recovery program being implemented jointly by Ecopetrol (NYSE:EC) and Chevron (NYSE:CVX) that he says will extend Colombia’s gas reserves by eight years.
Ecopetrol (NYSE:EC) gave explanations as to why it would not sign an agreement with Casanare transportation companies that covered local hiring practices, which has been discussed with the NOC participation over the last two years. This and other press reports involving roadways and the oil industry
Through the Business Association for the Development of Orinoquia (Asorinoquia), regional government entities are looking to create public-private initiatives that would compensate for the lack of hydrocarbons royalties and finance needed infrastructure investments.
We thought that Llanos was appearing more frequently as a top source of security incidents in our weekly summary so we looked at the department of Meta, the largest and most important department for oil production in Colombia.