ANH’s Luis Miguel Morelli spoke about the results of the Permanent Competitive Process (PPAA) during this year, and about the government’s plans for 2020.
The country joined the Organization for Economic Cooperation and Development (OECD) last year. Authorities are now working to get Colombia approved as a member of the International Energy Agency (IEA).
The NOC announced its investments for science and technology, aimed at increasing Colombia’s competitiveness, and locals’ quality of life in rural areas.
Frontera Energy Corporation (TSX: FEC) announced its full year 2020 capital plan and guidance information.
President Ivan Duque promised to boost the oil sector through modifications to the General Royalties System (SGR). The government announced positive news on the matter.
The NOC will start developing Fracking Research Pilot Projects (PPII) by the end of next year, CEO Felipe Bayón said.
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