Canacol Energy (TSX: CNE) wants to be the main gas producer in Colombia, selling its oil blocks to achieve it. However, the company will maintain some areas with potential of unconventional resources. Charle Gamba, CEO of CNE, spoke about the firm’s plans in these projects.
According to the report presented by the head of the United Nation’s (UN) Mission in Colombia, Jean Arnault, there are serious delays in the process of implementing the Peace Agreements between the government and Farc.
A fracture in the TransAndino pipeline caused an environmental emergency in Puerto Boyacá (Boyacá). Local locals warned about the dumping of a considerable amount of oil in the area. The development of these and more stories in our periodic Eco summary.
The discussion about the high fuel prices and the government’s ‘magic formula’ seems to have no end. The Colombian Federation of Cargo and Logistics Transporters (Colfecar) spoke about the behavior of this metric during this year and its consequences.
President Álvaro Uribe (2002 to 2010) had only two Minminas: Luis Ernesto Mejía and Hernando Martínez. President Juan Manuel Santos (2010 to 2018) had seven. He also had six Ministers of Environment and five ANH Presidents. Would the industry be in a different place today if President Santos had shown the same consistency as President Uribe?
According to the head of the National Hydrocarbons Agency (ANH), Orlando Velandia, the country is preparing changes to its bidding process, aiming to increase investment and find new reserves.