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Ecopetrol awards 6 fields as part of 2016 Round

Ecopetrol (NYSE:EC) said that its 2016 Round to award smaller or non-strategic fields was successful, receiving US$53.4M in bids for assets in Catatumbo, Putumayo, Middle Magdalena and Meta.

Wednesday, November 30th, 2016
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Oil referendums move forward

Despite questions on the competence of municipalities to decide on the use of their subsoil through “popular consultations”, a number of communities are still moving forward with plans to hold a vote, or resorting to blockades.

Wednesday, November 30th, 2016
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Vasconia offset to Brent goes down

Vasconia offset to Brent goes down

Mexico has its own benchmark price that policy-makers and the public look at to see if they are depressed or elated. Colombia does not have that habit – the newspapers and TV still mostly talk about WTI – but if it did, Vasconia would be the prime candidate.

Wednesday, November 30th, 2016
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Congress wants answers on propane supply, subsidies

Members of both the senate and chamber of representatives are calling for answers from Ecopetrol (NYSE:EC) on supply issues experienced across the country, and on an imminent cut of subsidies for the service which will affect low income users.

Tuesday, November 29th, 2016
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Geopark’s Jacana keeps LLA 34 production growing

Geopark’s Jacana keeps LLA 34 production growing

GeoPark Limited (NYSE: GPRK) announced the successful testing of the Jacana 6 appraisal well in the Jacana field in the Llanos 34 Block in Colombia.

Tuesday, November 29th, 2016
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Ecopetrol reports spike of attacks, illegal valves in November

Ecopetrol (NYSE) said that November has brought an “onslaught” of attacks and illegal valves affecting the Transandino and Coveñas/Caño Limon pipeline, part of an increased pace of incidents over the last two months.

Tuesday, November 29th, 2016
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CSR Summary: Revisiting Rubiales

Weeks after a storm of controversy over the Rubiales field, Puerto Gaitán’s mayor and members of the municipal council have visited the field to confirm that Ecopetrol (NYSE:EC) is indeed hiring local residents and meeting its commitments. This and other Corporate Social Responsibility stories in our periodic summary.

Tuesday, November 29th, 2016
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Ecopetrol puts focus on production in 2017 investment plan

Ecopetrol (NYSE:EC) has announced its 2017 investment plan which falls in line with its 2020 business plan and designates a new focus of the US$3.5B in spending on production and exploration projects.

Monday, November 28th, 2016
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USO protests force ECP back to the table

The USO held 36 hours of continued protests in strategic points affecting Ecopetrol’s (NYSE:EC) crude transportation, and forced the NOC to extend the period to review its collective bargaining agreement by another week and add new items to the discussion.

Monday, November 28th, 2016
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ANLA touts role in account rendering

The National Agency of Environmental Licenses (ANLA) heralded its role in its annual 2016 account rendering session, and promised greater measures for citizens to participate early on in the formation of projects.

Monday, November 28th, 2016
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