CEO Felipe Bayón spoke about what Ecopetrol (NYSE:EC) expects to achieve with Fracking Pilot Research Projects (PPII), and about where authorities are in the process of coming up with regulations on the matter.
The industry wants to develop unconventional projects around the world, but fracking continues to generate doubts and concerns. The UK closed the door to this alternative, for now.
Oil prices began to show signs of recovery a year ago, generating high expectations for their behavior during 2019. Political and economic issues, however, have affected this metric.
Ecopetrol (NYSE: EC) has reported positive financial results, helping generate constant cash flow to invest in new projects. The NOC is making different investments in Colombia and abroad.
The government spoke about the results of its Territorial Development Programs (PDET), which it develops together with the industry.
The National Environmental Licensing Agency (ANLA) spoke about the environmental projects that have been successfully developed in the department of Casanare.
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