Oil production has been falling over the last three months. Analysts spoke on the matter.
The company started an expansion project to transport natural gas from new deposits in the Southern Caribbean, to Barranquilla and Cartagena.
This is why the Superintendence of Home Public Services (Superservicios) sanctioned Ecopetrol (NYSE: EC) and the Cartagena Refinery (Reficar).
The NOC spoke about the results of its Local Exports program, and about local contracting figures in the departments of Casanare and Meta.
The Ministry of Mines and Energy (MinEnergia) reported oil production figures for January 2020. Crude production decreased during the first month of this year compared to same period 2018.
Ecopetrol (NYSE: EC) started operating the Floreña and Pauto fields (Casanare), after the operation contracts of Equíon and BP Exploración Colombia (LON: BP) ended.