News and AnalysIs for

The National Hydrocarbons Agency (ANH) invited HCC to its ‘Update of the Sinú San Jacinto (SSJ) Process’session. Here is a brief summary of what was discussed during the event.

Companies like Equión, Geopark (NYSE: GPRK), Occidental de Colombia (Oxy) and Ecopetrol (NYSE:EC) spoke about their social development projects in Casanare, Arauca and Santander. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

The Ministry of Mines and Energy (MinMinas) recently announced the new gasoline and diesel prices in the country, generating much discontent among consumers and business users. No one agrees with the management of fuel prices in Colombia.

Geopark (NYSE:GPRK) called a breakfast meeting ensure the national press understood what the company had accomplished in production and in its social contributions. HCC is well aware of what it has accomplished but we were invited and bring this report.

Colombia wants to take advantage of the Magdalena River’s potential, especially in the transport sector. Authorities started to promote the development of this important river recently and there are already positive results. The Regional Autonomous Corporation of the Magdalena River (Cormagdalena) published a report on this subject.

It is that time of year: vacations, family holidays, over-indulgence and long discussions about what might happen next year. As Managing Editor of Hydrocarbons Colombia, our predictions fall on my broad shoulders – and aging knees.

We have to admit to a certain fascination for how the world is distributed and how to represent its complexity. The Colombian crude oil sector is more concentrated than we (at least) might have expected but still has a so-called ‘long-tail’ of producers and operators.

After almost 60 hours of blockades in Ecopetrol’s (NYSE:EC) pipelines nationwide, the USO reached an agreement with the NOC’s management and announced the end of the strikes.

EnvironmentThe National Hydrocarbons Agency (ANH) is working with Parques Nacionales and environmental agencies to ease the adjudication of new oil blocks in the country.

The Centro Democrático political party started a series of conferences with economics professor Alberto Bernal, who analyzed Colombia’sfuture and the importance of the extractive industries to it.