News and AnalysIs for

According to inhabitants of San Luis de Gaseno (Boyacá), having their water sources polluted by oil activities became ‘normal’ during the past three years.

Once again, the Analyst thought of some charts he really would have wanted to publish in last week’s article about the NOC’s Line of Business (LoB) results but did not think of until a few days later. We know. We will speak to him about that. But he is right, the graphs are interesting so we will publish them this week.

Inspired by the rapid approach of baseball season, two short rather than one long comment this week, one on 2018 results so far and one on fracking, inspired by MinMinas naming five companies as being interested.

Frontera Energy (TSX: FEC) announced its financial and operating results for the fourth quarter and year ended 2018. The company said that it had strong 4Q18 operational and financial results.

The industry remains expectant about the potential authorization to implement unconventional techniques in the country. Charle Gamba, CEO of Canacol (TSX: CNE), spoke on this topic and the company’s plans.

Senator Jose David Name urged the government to define clear regulations to assure stability in the provision of oil and its derivatives, to boost reliability in the public transport area.

The Ministry of Mines and Energy (MinMinas) presented the ‘road map’ for its new gender equality policy in the mining-energy sector.

The US has implemented restrictions on Venezuelan oil to generate economic pressure on the Nicolas Maduro regime. This situation has generated opportunities for the Colombian oil sector.

The National Hydrocarbons Agency (ANH) announced the signing of new exploration and production contracts with Shell (LON: RDSB) in offshore areas of the Caribbean Sea. Representatives of the government and the company spoke on this important agreement.

Colombia’s Chamber of Infrastructure (CCI) made a proposal for the resources the government could get by selling 8% of Ecopetrol’s (NYSE:EC) shares.