Colombian market analysts talked about the new president’s proposals for the extractive sector and their possible risks.
The Colombian Petroleum Association (ACP) spoke about the proposal to cancel the fracking pilots.
Chevron (NYSE: CVX) announced an alliance with the Corales de Paz Corporation.
The Council of State denied a lawsuit that sought to nullify the technical standards for the E&P in unconventional reservoirs. However the denial was on legal not technical grounds.
Canacol Energy Ltd. (TSX: CNE) provided information concerning its June 2022 natural gas sales and the results of the Cornamusa 1 exploration well, along with near term drilling plans.
President-elect Gustavo Petro has proposed in different scenarios that fracking will not be developed in his government and Ecopetrol (NYSE: EC) made a statement on the legal obligations with the Fracking Pilot Projects (PPII).
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