News and AnalysIs for

The Colombian Association of Petroleum Engineers (ACIPET) is implementing a communication strategy for the oil sector and its projects around the country. The association gave details on the number of information workshops held this year.

Ecopetrol (NYSE:EC) published its 2Q19 and 1H19 financial results and that allowed us to update our ECP Line-of-Business (LoB) charts, something we had not done since March (based on 2018 full-year results). The Transport LoB produces less EBITDA in volume than E&P but margins continue to rise.

Canacol Energy (TSX: CNE) is betting on Colombian natural gas sector, starting a market diversification strategy. Here are the details.

The Colombian government wants to boost the growth of the oil sector and the Caribbean is positioned as one of the most attractive regions to develop new offshore projects. Ecopetrol (NYSE: EC) talked about investors’ interest in this area.

Colombia’s Natural Gas Association (Naturgas) requested that Bogotá’s Mayor’s Office include all zero and low emission technologies in the bidding stages to renew the city’s Integrated Public Transportation System (SITP).

The union spoke about ongoing protests in the department of Arauca, between workers, communities, Ecopetrol (NYSE:EC) and its Cenit subsidiary.

Ecopetrol (NYSE: EC) announced its second quarter 2019 results. The NOC reported good financial performance, despite lower Brent price in this period. The firm reported solid operating results as well.

Carlos Leal, president of the Colombian Association of Petroleum Engineers (Acipet), spoke about what is coming for the national industry this year.

Alberto Lozano, Minister of Environment (MinAmbiente), made an assessment of his first year in charge of the entity. He talked about key issues such as fracking and deforestation, among others.

Human Rights Watch (HRW) and the government spoke about the current situation of Venezuelans in the Catatumbo region, and how it has affected the Colombian post-conflict process.