The Colombian oil sector faced tough times due to low oil prices and social conflict, but the industry managed to overcome this challenges and it is recovering lost ground. The Ministry of Mines and Energy (MinMinas) and the National Hydrocarbons Agency (ANH) reported Colombia oil and gas reserves in 2018, with positive results in term of oil, but there are concerns about the behavior of natural gas reserves.
The government presented the National Development Plan (PND) but some of its articles have generated much controversy. The Association of Financial Institutions (ANIF) spoke about the PND and some of its effects on fuel prices.
Geopark Limited (NYSE: GPRK) announced its financial results for the three-month period ended March 2019. The company reported continuing operational success during the first quarter of the year and excellent financial results.