The offshore industry has been popular among top global firms who decided to bet on Colombia’s Caribbean area. The ANH thinks new blocks in the Pacific might have just as much success.
The Ministry of Mines and Energy (MinMinas) will publish data on oil reserves in the coming days. Industry experts talked about the possible behavior of this important metric during the past year.
The government presented the final version of its National Development Plan (PND) to the Congress, where it included an article about unconventional projects. Here are the details.
Richard Dos Santos, Operations and Commercialization Manager of Petrobras (NYSE: PBR) in Colombia, spoke about the company’s investment plans and goals in Colombia for 2019.
Ecopetrol (NYSE:EC) transports nearly 15mmbl of diesel, gasoline and propane through the Magdalena river every year. This is the company’s plan to recover its navigability.
Last week was a controversial one in Colombia’s congress with the ongoing battle over peace process implementation, approval of royalty reform in its opening debate and the final authorization of the government’s long-term economic plan (known as the PND for its initials in Spanish). The press reacted strongly to a clause about fracking but the politics of how one newspaper reacted was surprising, to me at least.