Moody’s rating agency reported on the current situation of the oil and gas industry in Latin America. The agency spoke about Ecopetrol’s (NYSE: EC) dividends, among other issues.
TransMilenio welcomed new Vehicular Natural Gas (VNG) buses to its fleet, but comments by Gustavo Petro, former Mayor of Bogotá, started a debate. The Colombian Natural Gas Association (Naturgas) spoke on the issue.
The Minister of Mines and Energy (MinMinas), María Fernanda Suárez, was in Abu Dhabi, where she reiterated Colombia’s commitment to the Paris Agreement (COP 21).
The Colombian government has not raised producer prices since March but a 1.5% increase in the pump price has some experts speculating about inflation.
Frontera Energy Corporation (TSX: FEC) announced its second quarter 2019 operational update. Colombia’s production decreased in 2Q19 compared to previous quarter, while the firm’s drilling campaign is advancing satisfactorily.
Constant attacks on Coveñas – Caño Limón (CCL) brought back an old project that has the potential to safely transport the oil produced in Arauca’s fields.
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