News and AnalysIs for

Oil theft has become a headache for Ecopetrol’s (NYSE:EC) finances, but the Police was able to capture one of the bands that operated in Buenaventura (Valle del Cauca). The development of these and other stories in our periodic Security summary.

The National Agency of Environmental Licenses (ANLA) announced a new website to consult geographic and regional information. This project was developed in conjunction with the Sub directorate for Measurement, Licenses and Environmental Procedures (SIPTA).

Better prices seem to bring a more promising panorama, but if the NOC wants to leverage this opportunity, it will have to resolve issues associated to fuel theft first.

The National Hydrocarbons Agency (ANH) is going through a transformation process with the goal of improving its services and operational metrics.

Once again, industry firms like Ecopetrol (NYSE:EC), Parex and Equion, among others, showed their commitment to their areas of influence. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

The Colombian oil sector continues to face several social and legal challenges to operate in the country, despite the change of government and its attitude in favor of the extractive industries. A new controversy has been generated with an oil license in the department of Putumayo.

Geopark Limited (NYSE: GPRK) announced its operational update for the three-month period ended September 30, 2018. The company reported a new production record and exploration success in the Llanos 34 block during this quarter.

The Colombian Oil Association (ACP) and the Chamber of Goods and Services (Campetrol) hosted the “Regional Encounters: united for a sustainable development” event, where they discussed industry issues.

The ambassador of France in Colombia, Gautier Mignot, supported president Duque’s decision of stopping peace talks with the ELN, arguing that the armed group has not shown will to negotiate.

The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for September 2018. The good trend continues, as the industry reported more rigs working in this period compared to September 2017 and previous month.