Authorities announced the allocation of important resources to the development of social and infrastructure projects in Chocó, Casanare and Sucre, among others. These and other stories in our periodic Royalties summary.
Ecopetrol’s (NYSE: EC) reported its export metrics for the fourth quarter of 2018. ECP’s export distribution is changing, and the Far East is positioning itself as the principal destination of Colombian crude. Exports reported an increase in the last quarter of the year.
The Colombian Association of Natural Gas (Naturgas) proposed adjusting the carbon tax to promote the transition to a cleaner energy matrix.
Felipe Bayón, CEO of Ecopetrol (NYSE: EC) spoke about key issues for the company such as unconventional resources, investment, production and dividends, among others. He highlighted that the NOC managed to overcome the oil crisis with good financial and operational results.
Communities in Putumayo accused Amerisur Resources (LON: AMER) and Ecopetrol (NYSE:EC) of polluting their water sources. The development of these and more stories in our periodic Eco summary.
Canacol Energy (TSX: CNE) announced its natural gas reserves for the fiscal year end December 31, 2018. The company highlighted that its reserves are located in the Lower Magdalena Valley (VIM) basin.