The NOC announced positive results from its most recent social projects, aimed at helping vulnerable families in Barrancabermeja and Barranquilla, among others. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
At least that is my – perhaps naïve – hope. The ACIPET’s plea to not sell even 8% of Ecopetrol and recent events at Pemex and PDVSA have me thinking again about politicians’ love of state-owned-enterprises (SOEs) at least in some countries like Colombia.
Once again, the International Energy Agency (IEA) changed its oil production estimates for Colombia.
Vice Minister of Energy, Miguel Lotero, spoke about the industry’s relevance for Colombia’s economy and about the government’s plans to boost the sector.
The National Hydrocarbons Agency (ANH) published the list of operators that have been sanctioned. To date, there is no evidence of payments resulting from the sanctions.
The Colombian economy is starting to show signs of reactivation, but there is still a long way to go before this metric goes to ‘pre-crisis’ levels. This is why.