News and AnalysIs for

As noted in today’s companion article, the first major even that we covered was the 2012 Round of block auctions in the month of October.

The union spoke about the successful start of the negotiations with Fepco and HV Services, and said that as a result of the companies’ willingness to come to an agreement, negotiations between the three parties will take place at the same time.

The National Environmental Licensing Agency (ANLA) hosted its2H2016-1H2017 accountability session in Bogotá.

Ecopetrol (NYSE: EC) has focused on hydrocarbons exploration and production since it began operations, but decided to enter in a new line of business in Colombia.

GasColombia experienced a “boom” of cars conversions to natural gas some years ago, but this has gradually diminished. Some industry representatives talked about this market.

Meta’s Secretary of Environment, Oswaldo Avellaneda, called for the industry and the Government to provide resources and help the department face its environmental and social issues. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Semana hosted a debate on the convenience and viability of developing fracking in the country. There were, as expected, opposing opinions.

Geopark (NYSE: GPRK) and Cepsa Colombia announced an agreement to work in a new high-potential exploration acreage in the country. This is the first alliance between the two companies.

Ecopetrol (NYSE: EC) enabled the connection of the Bicentenario, Araguaney and Central pipelines as a new route to extract oil from the Coveñas Caño Limon field (CCL) to Coveñas port.

ProductionOrlando Velandia Sepúlveda, President of the National Hydrocarbons Agency (ANH), spoke about offshore, self-sufficiency and other relevant issues for the industry.