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“We expect the list of requests to be aligned with the company’s goals”: Bayón

CEO Felipe Bayón spoke about what he expects from the new Labor Agreement that it will soon negotiate with the USO.

Monday, July 2nd, 2018
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USO is ready to negotiate

The USO confirmed that a new list of demands for Ecopetrol (NYSE: EC) is ready, four years after the last Collective Labor Agreement was signed.

Monday, July 2nd, 2018
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Updating oil price charts

Updating oil price charts

It is the end of the second quarter (already?) so we decided to update our favorite charts about oil prices movements, including futures.

Monday, July 2nd, 2018
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Echoes of Boyacá

We have been very concerned about the civil disobedience caused by the ANH’s seismic investigation in Boyacá. There was a public hearing last Friday to discuss the situation and well-known industry figure, Jaime Checa attended. He brought back this report (with photos) which only deepens our concern.

Monday, July 2nd, 2018
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Protests in Casanare

Protests in Casanare

Social conflict continues to be one of the main problems for oil companies in the country. Equion and Ecopetrol (NYSE: EC) reported protests and blockades in Casanare, generating possible gas shortages.

Thursday, June 28th, 2018
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Duque’s fiscal challenges

The the National Association of Financial Institutions (ANIF) and Fedesarrollo, among others, spoke about the fiscal challenges that Colombia’s new president, Ivan Duque, has ahead.

 

Thursday, June 28th, 2018
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CNE announced gas discovery

Canacol Energy Ltd. (TSX: CNE) announced positive results in its exploration program during this year. In addition, the company provided updates on its 2018 drilling program.

 

Thursday, June 28th, 2018
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Royalties for education?

The sponsor spoke about a bill in the Senate that seeks to set at least 35% of the General Royalty System (SGR) budget for education in Colombia. These and other stories in our periodic Royalties summary.

 

Thursday, June 28th, 2018
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Oil field declared commercial

Oil field declared commercial

Ecopetrol (NYSE: EC) announced important news about the Infantas Oriente field, located in the municipality of Barrancabermeja in the department of Santander. This area is only 3km from the Cira-Infantas field and very close to the Barrancabermeja Refinery.

Wednesday, June 27th, 2018
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Another day, another case of misinformation

Asojuntas; an association dedicated to defending the rights of locals in El Morro village (Casanare), announced blockades at Equion’s facilities, arguing that the company is allegedly implementing fracking.

 

Wednesday, June 27th, 2018
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