News and AnalysIs for

After a legal action was filed by dozens of families affected by la Lizama environmental emergency, a judge ordered Ecopetrol (NYSE: EC) to begin the characterization of the victims, as a prelude to a possible compensation.

Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ended March 31, 2018. Average production increased, and the firm reported a positive net income during this quarter. CNE also announced management’s goals for 2018.

Colombia has had an ongoing discussion on the effects of the oil sector in the regions in recent years, and social unrest has affected the operations of the industry throughout the country. Respected survey house, Centro Nacional de Consultoria, conducted a study to understand the inhabitants of Yopal perception about the oil sector activities.

Bogotá’s transport system, TransMilenio, will renew many of its buses and the local Council suggested giving additional points to proposals that offer technologies that have zero emissions of polluting gases.

According to the Office of the United Nations for the Coordination of Humanitarian Affairs (OCHA), the crimes by the ELN and the EPL against the population have increased since March 14^th, 2018. The development of these and other stories in our periodic Security summary.

Political and economic problems in South American countries are leaving a gap in oil exports to the United States that Colombia is levering. Experts talked about this situation, as well as of opportunities for the country.

Earlier this month, 2,000 doctors sent a letter to President Santos asking him to rule out fracking. The Colombian Association of Petroleum Engineers (Acipet) replied.

Ecopetrol (NYSE: ECP) announced the construction of a new refined-products pipeline in the western region of Colombia. The company highlighted the benefits of this important project for the region and the environment.

The Ministry of Mines and Energy (MinMinas) announced the successful development of projects financed with the Incentive to Production, but authorities warned about irregularities in the development of other projects. These and other stories in our periodic Royalties summary.

Frontera Energy (TSX: FEC) announced its financial and operating results for 1Q2018. The company reported advances in its drilling program with excellent results and production increased during 1Q18 compared to the previous quarter.