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Senator Perez talks Ecopetrol and oil prices

During the political control debate that took place in Senate’s Fourth Commission, Senator and president of that Commission, Nicolás Pérez, spoke about Ecopetrol’s (NYSE: EC) assets and Colombia’s finances.

Tuesday, November 13th, 2018
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The ELN make things tense with Venezuela

Not that the neighboring country has needed excuses for military action at the border, but the ELN just gave them a reason. Here is why.

Tuesday, November 13th, 2018
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Frontera 3Q18 results

Frontera 3Q18 results

Frontera Energy (TSX: FEC) announced its financial and operating results for 3Q2018. The company reported a decrease in oil production but managed to report a positive net income in the quarter. The firm announced changes to the composition of its Board of Directors and FEC plans to drill several wells in Colombia during 4Q18.

Monday, November 12th, 2018
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State Council suspends fracking regulations

Late Friday afternoon, the State Council issued a decision suspending existing fracking regulation. Recent governments have denied there was any regulation on fracking so it is not clear what the implications might be, nor is it clear what impact this might have on Ecopetrol’s (NYSE:EC) proposed trial.

Monday, November 12th, 2018
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No bias here but only the NOC need apply

The non-public oil sector proposed pilot fracking projects in the Magdalena Medio Valley (VMM) to show Colombians that these projects could be developed in a friendly way with the environment. However, the National Agency of Environmental Licenses (ANLA) decided against this alternative.

Monday, November 12th, 2018
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“Communities should be able to benefit from the industry”: Moreno

National USO representative, José Marín Moreno, spoke about the new government and Ecopetrol’s (NYSE:SE) future, among other issues.

Monday, November 12th, 2018
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