The boom of the anti-oil referendums created uncertainty in the extractive industry in Colombia. However, the Constitutional Court could take a relevant decision on this important issue.
Canacol Energy (TSX: CNE) announced its mid-year Reserves report with good results in blocks located in the Lower Magdalena Valley (VIM) Basin in Colombia. The firm highlighted that this is a result of its drilling program in the country.
For Nicolás Rodríguez (“Gabino”), maximum commander of the armed group, the peace process with Farc left many lessons to be considered in the midst of current negotiations between the ELN and the government. The development of these and other stories in our periodic Security summary.
Delvasto & Echeverria Asociados conducted a study on the oil transport costs in the country. Results are not very encouraging, leaving the country in an uncompetitive position.
The fact that the National Hydrocarbons Agency (ANH) has not delivered any new blocks in the last four years, has the industry wondering.
Colombia has great expectations about the natural gas sector’s future in Colombia. Orlando Cabrales, President of the Colombian Natural Gas Association (Naturgas) made some recommendations to leverage the gas potential in the country.