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The NOC is working on improved recovery programs to continue increasing its proven reserves.

Pollution in Colombia’s main cities is increasing, generating several debates about public health policies. Naturgas’ Orlando Cabrales spoke on the issue.

The Comptroller General, Edgardo Maya, asked the Minister of Finance (MinHacienda), Mauricio Cárdenas, to analyze the option of unifying the bank accounts where the resources from the General System of Royalties (SGR) are kept.

Ecopetrol (NYSE: ECP) announced an oil discovery in its CPO-09 block, in the municipality of Guamal (Meta). The NOC has a 55% stake in the project and its partner, Talisman Colombia Oil & Gas, (Repsol) has the remaining working interest.

Sergio Clavijo, President of the National Association of Financial Institutions (ANIF) spoke about the economic viability of the initiative.

The Drummond mining company could sell its assets in Colombia and the US. Unconventional resources could raise attractiveness of the business.

Ecopetrol (NYSE: EC), Ocensa, Oleoducto Central and Equión spoke about their successful social investment projects in Huila, Meta and Casanare. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Cartagena refinery (Reficar) announced its 2017 financial and operational results. The plant continues to consolidate its operations in the country, reporting excellent metrics.

The president of the National Hydrocarbons Agency (ANH), Orlando Velandia, announced the companies that qualified in the Sinú San Jacinto (SSJ) process. This officially places Colombia within the current wave of Latin American auctions.

The Colombian government wants to reduce pollution levels and biofuels are positioned as one of the main alternatives to achieve that goal. The National Federation of Biofuels of Colombia (FedeBiocombustibles) spoke about the benefits of this industry.