News and AnalysIs for

The Ministry of Mines and Energy (MinEnergia) confirmed that the industry entered Colombia’s Business Integrity Route: an initiative to fight corruption. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Amerisur Resources Plc announced its results for the six months ended 30 June 2019. The company showed lower metrics compared to same period last year, but good advances in strategic alliances and projects.

The State Council denied Ecopetrol’s (NYSE:EC) request to cancel the precautionary measure that stopped the development of fracking in Colombia, but clarified that the decision does not prevent the development of pilot projects.

Authorities and experts spoke about the possible consequences of closing the door to fracking, now that the State Council decided to keep delaying a final decision on the matter.

Technical groups of the National Environmental Licensing Agency (ANLA) developed an environmental monitoring process for different industry projects. Here are the details.

Two Aramco oil plants in Saudi Arabia were attacked last Saturday generating an immediate effect on oil prices. Experts talked about the effects of this situation in Colombia in the short term.

Mining activities in most of Colombia’s regions could be affected soon. More than 92% of the municipalities that develop mining and oil activities in Colombia do not have their Territorial Organization Plan (POT) updated.

The industry keeps working to prove that fracking can be done in a responsible way, despite the ruling from the State Council that put the measure on hold, again.

CINTEL recently held its annual ANDICOM event, bringing together technology and telecommunications companies. Ecopetrol (NYSE: EC) received an award at this event in the Large Companies category.

Geopark Limited (NYSE: GPRK) announced its financial results for the three-month period ended June 2019. The company reported operational success during this quarter and record financial performance.