Recorded Net Income of $80.2 Million Generated Operating EBITDA of $116.5 Million, up 27% From the Previous Quarter Increased Average Daily Production 1% to.
Colombia could be about to pass a bill that will completely ban hydraulic fracturing activity in the country, a development that could significantly impact investing in its upstream sector
Newly appointed leftwing President Gustavo Petro has already implemented legislation that impacts the oil and gas industry, and now Colombia may actually move to ban fracking altogether
Colombia’s already-battered economically critical oil industry is on the verge of complete collapse, and growing political opposition could push it over the edge