News and AnalysIs for

Canacol Energy Ltd.  (TSX: CNE) reported on its conventional natural gas prospective resources (resources other than reserves “ROTR”).

The oil sector plans to reactivate offshore activity in the Colombian Caribbean Sea during this year.

Óscar Díaz Martínez, President of the Acipet Board of Directors, spoke about geopolitics and chess in the oil sector.

The project to build the Pacific Regasification Plant continues to attract detractors.

Ministers of Mines and Energy (MinEnergia), Diego Mesa, and Environment (MinAmbiente), Carlos Correa, spoke about the new taxes contemplated in the tax reform.

Ecopetrol (NYSE: EC) continues to strengthen and work on its ‘sosTECnibilidad’ strategy.

Senator Jose David Name organized a debate on political control over the Pacific Regasification Plant.

The tax reform plans to increase the VAT on gasoline. Experts spoke about the estimate of the increase in prices.

I have been reluctant to write this because so much seems up in the air but at the same time, the most important political issue affecting Colombian business today is the government’s proposed tax reform.

Canacol Energy (TSX: CNE) announced the results of an independent prospective resources evaluation of two shale oil blocks.