The Colombian Association of Energy Distributors (Asocodis) and the Colombian Chamber of Energy (CCE),spoke about the negative effects that cutbacks in MinMinas can have on low income families.
The industry sees the development of unconventional fields as the highest probabilitysolution to increase the country’s reserves and production in the medium term. Ecopetrol (NYSE: EC) made a proposal to eliminate the myths about the industry.
Public Companies of Medellin (EPM) and Canacol announced that through a second route,they will start a project to connect the Atlantic coast with the interior of the country and by this strengthen gas supply in Colombia.
The National Environmental Licensing Authority (ANLA) ruled on a request from the oil company Maurel & Prom to carry out exploration activities in the country.
GasThe propane distribution association, Gasnova talked about the situation of this fuel in the country and the possibility of importing it in the short term.
The Energy Mining Committee (CME), together with the United Nations Human Rights Council hosted an event that took place at the Colombian Petroleum Association (ACP) facilities, where safety issues, HR and industry-communities relationship were discussed.
Communities have protested and made blockades in the municipality of Guamal (Meta) for the development of the exploratory project Trogón-1 of Ecopetrol (NYSE: EC). Authorities were present in the area to control the situation.
Authorities reported their concern after revealing fuel smuggling figures for the departments of Santander and Norte de Santander. More than 3,000 gallons of stolen fuel were seized in the municipalities of Catatumbo and Cucuta in Norte de Santander, and Arauquita in Arauca. The development of these and other stories in our periodic Security Summary.
Equion and Ecopetrol (NYSE:EC) spoke about their social and environmental projects that aim to make a positive, long lasting impact on Colombia’s forests,while creating opportunities for young people in the regions during the peace building process. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Prior consultations have created legal uncertainty in Colombia, as they have affected many investment projects and the development of several sectors in the country. The government wants to legislate a solution to this problem.