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New Vice Minister of Energy

The Ministry of Energy and Mines announced the appointment of a new vice minister of energy, Alonso Cardona Delgado.

Monday, January 22nd, 2018
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Frontera guidance

Frontera Energy Corporation (TSX: FEC) announced its 1Q18 production target and other goals for this year. The company highlighted that it achieved exit rate production after royalties during December 2017.

Monday, January 22nd, 2018
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USO announces its negotiation calendar for 2018

The union spoke about negotiation dates for this year, and revealed the names of the leaders that were chosen as advisers during the process of organizing and drafting USO’s list of demands.

Monday, January 22nd, 2018
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ELN process takes a serious step backwards

The Farc process is officially in the post-conflict phase and, despite stories of implementation failures on both sides, the UN Secretary General has given this a clean bill of health. But peace with the ELN is an entirely different story.

Monday, January 22nd, 2018
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Colombian discount slowly disappearing

Colombian discount slowly disappearing

Some publicly traded E&P companies used to complain about a “Colombia discount” believing that investors undervalued their shares because of perceived defects in the Colombian environment (usually the ‘unholy Trinity’ of security, social conflict and environmental licensing).

Monday, January 22nd, 2018
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CCL has been attacked 1,500 in its history

CCL has been attacked 1,500 in its history

The Coveñas Caño Limón (CCL) pipeline has been the main target of terrorist attacks in recent years by illegal groups, mainly the ELN. This illegal group reactivated the attacks against CCL just hours after the bilateral ceasefire expired.

Thursday, January 18th, 2018
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The year starts with 54 pending popular consultations

Of the 54 pending consultations, only ninehave been promoted by locals in oil producing regions; five are being promoted by Mayors; threeby councilors and four by one citizen.

Thursday, January 18th, 2018
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Reficar scandal continues

Investigations on the Reficar scandal are ongoing in Colombia. A judge made a decision about two former directors investigated in this legal process.

Thursday, January 18th, 2018
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Ecopetrol announces investments in Casanare

Ecopetrol’s (NYSE:EC) Manager of Social Prosperity, Francisco Noguera, announced social projects that represent investments of more than CoP$15.7B for the municipalities of Aguazul and Tauramena (Casanare).These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Thursday, January 18th, 2018
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MinMinas does not increase fuel prices in January

MinMinas does not increase fuel prices in January

The Ministry of Mines and Energy (MinMinas) announced fuel prices for January 2018. The ministry started the year with conservative measures, as there were no substantive changes.

 

Thursday, January 18th, 2018
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