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Ecopetrol (NYSE: EC) and the Industrial University of Santander (UIS) are working on a molecular biology project to solve oil industry problems.

The police and Armed Forces gave a report on their activities to fight oil theft throughout the country. The development of these and other stories in our periodic Security summary.

The boom of anti-oil and mining referendums keeps swelling and communities are planning to carry out new consultations in key regions of the industry. There are new referendums being promoted in the Department of Casanare.

GasVenezuela was supposed to start selling gas to Colombia five years ago, and today there is no certainty on when will the deal begin.

The International Energy Agency (IEA) made an important decision about Ecopetrol (NYSE: EC), benefiting the company and the country. The IEA took that decision at the annual enhanced oil recovery (EOR) meeting in the Riviera Maya, Mexico.

Both companies shared the projects they are currently developing in the departments of in Casanare, Santander, Boyacá, Antioquia and Córdoba.These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

The 14-week schedule that was initially established by the National Hydrocarbons Agency (ANH) for the Sinú- San Jacinto tenders was extended to 24 weeks.

Offshore projects are progressing as planned and the sector has made announcements about these. Ecopetrol (NYSE: EC) made a decision on the drilling of the Molusco-1 well.

In recent years, Ecopetrol (NYSE: EC) has followed an austerity strategy to deal with the oil price crisis. The company committed to reactivate investment this year with heavy spending, but the firm is reducing its budget compared to initial plans.

A reader asked me why we had said that the research on unconventional had already been done. I told him it was because there was a time in 2013 and 2014 when it appeared as if fracking was just around the corner.