Natural gas has been one of the main topics of discussion this year due to its positive growth prospects in the medium and long term. However, the country cannot cover the growing demand for this fuel, forcing to import it.
Even though terrorist attacks against oil infrastructure have decreased this year compared to the same period 2018, they have taken place in more complex places, geographically speaking.
The government announced a propane deficit for 2019, after Ecopetrol (NYSE: EC) reduced its supply for the first semester of the year. But Gasnova thinks the panorama will be much more promising as of July.
The Colombian government announced the terms of reference for the Permanent Competitive Process (PPAA), generating high expectations in the oil sector. The companies have shown their interest in developing oil projects in new regions of the country.
The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for March 2019. This metric remained stable compared to the previous month, and the Chamber showed its optimism for a possible increase of this important metric in the coming months.
The National Environmental Licensing Agency (ANLA) asked Montajes JM SA to present detailed information about its project in Cundinamarca. Here are the details.