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Oil theft has taken CoP$15B from Ecopetrol in 2017

Those responsible for this crime legalize the fuel through fake companies, the guerrilla and mafia networks.

Friday, June 16th, 2017
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USO’s achievements

The Union gathered with Colombia’s three largest mining-energy unions, and will analyze strategies to improve union activities and conditions in the country. It also announced that it ‘achieved respect’ for the Collective Work Agreements in the new employment contracts at USO Casabe.

Friday, June 16th, 2017
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Farc gives up only 40% of its weapons

Security and Public OrderEven though the guerrilla was supposed to deliver 60% of their weapons, the United Nations confirmed that it only delivered 40% of them.

Thursday, June 15th, 2017
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Petrobras chooses Santa Marta

There are many offshore projects to develop in the Caribbean Sea and it has attracted the attention of many cities to invite companies to their territories. Oil firms are already starting to choose where to set up their facilities.

Thursday, June 15th, 2017
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Terpel committed to the post-conflict process

Terpel, together with the Agency for Reincorporation and Standardization (ARN)supported three projects managed by former guerrilla and paramilitary members in the department of Casanare.

Thursday, June 15th, 2017
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Oil firms among companies with higher revenues in Colombia

Oil firms among companies with higher revenues in Colombia

Colombia is not an oil country, but the crude industry is one of the most important for the economy. The Superintendent of Companies published a report of the companies with the highest operational revenues in 2016 and oil companies stand out in this list.

Thursday, June 15th, 2017
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“The industry is threatened:” Francisco José Lloreda

The Colombian Petroleum Association (ACP) believes that the wave of popular consultations in the country can have negative consequences for companies wanting to find reserves in the country.

Wednesday, June 14th, 2017
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ICP to Invest in Infrastructure

The Colombian Petroleum Institute (ICP) is the main research center of the industry in the country. ICP announced investments to support Ecopetrol’s 2017-2020 business plan (NYSE: EC).

Wednesday, June 14th, 2017
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Fuel smuggling escalated in the country

Oil theft and illegal transportation of fuel have become a big issue in the departments of Norte de Santander and Arauca. However, the police have been able to react to it and are now working on new strategies to keep the issue under control. The development of these and other stories in our periodic Security Summary.

Wednesday, June 14th, 2017
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ECP hopes are in two wells

ECP hopes are in two wells

Ecopetrol (NYSE: EC) wants to start recovering the reserves lost because of the oil crisis and low exploration in recent years. The company has high expectations for two wells.

Wednesday, June 14th, 2017
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