Ecopetrol (NYSE: EC) reported its export metrics for the third quarter of 2019. This metric is changing, and the Asian market turned into the main destination for Colombian crude.
Vice-minister of Mines and Energy (MinEnergia), Diego Mesa, spoke about the benefits and challenges that fracking will bring to the country, if approved by authorities.
The United Nations (UN) and research groups spoke about high coal, oil and gas production levels, and its implications for climate change.
Ecopetrol (NYSE:EC) spoke about the development of its first project in the department of Nariño, following the Works for Taxes modality. These and other stories in our periodic Royalties summary.
Lower oil prices inevitably led to lower netbacks in 3Q19 and that could not have made the CFO happy. But production costs were slightly lower on average so operations people should not catch any flak (or at least, not any more than usual).
The Colombian government has taken different measures to boost the sector’s reactivation. Experts spoke on the matter.
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