The Colombian oil sector has shown signs of recovery during this year, and the increase in production is a clear proof of that. The National Hydrocarbons Agency (ANH) spoke about the role of Ecopetrol (NYSE: EC) and other companies in the operation of the country’s current production.
The National Oil Companies (NOCs) of Latin America have announced several plans to improve their operations amid a difficult economic environment. Ecopetrol (NYSE: EC), Pemex, Petrobras (NYSE: PBR), YPF and PDVSA face different challenges and are working on several strategies to overcome them.
The new president of the Colombian Cargo Transporters Federation (Colfecar), Juan Miguel Durán, spoke about his goals for the sector.
According to Ecopetrol’s (NYSE:EC) CEO, Felipe Bayón, Colombia’s greatest potential in unconventional deposits is located in the departments of Cesar and La Guajira. Here is why.
Ocensa, the largest oil pipeline in Colombia, announced an increase in transport prices, generating controversy in the sector. This “fight” between oil companies and Ocensa continues and government representatives spoke on this issue.
The Colombian government launched its Circular Economy Strategy, making Colombia the first Latin American country to implement this initiative, and the industry the first sector to provide results.
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