Geopark Limipted (NYSE: GPRK) announced the expansion of its portfolio on Colombia, after the National Hydrocarbons Agency (ANH) bid round in June 2019. The company won three blocks in alliance with Hocol (a 100% subsidiary of Ecopetrol (NYSE: EC).
The Colombian government announced a plan to modernize the fleet of cargo vehicles in the country through decree 1126 of 2019. Associations of transport companies spoke about this decree.
The implementation of fracking in Colombia still has a long way to go. What is stopping authorities from ruling on the matter?
The NOC reported positive results in the development of social investment projects in Barrancabermeja, Santander and Norte de Santander. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
When you talk to those in the industry, they are generally upbeat about how things are going in both the short and medium term. Unless you are Ocensa. Then things are going badly. Very badly. Horribly in fact. At least, that is what it tells the regulator.
The Ministry of Mines and Energy (Mines) reported gas production figures for May 2019. Natural gas has been showing a positive performance in recent months.
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