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Regional Forum “Meta, the environment as an alternative development”

Several legislators and directors of public agencies participated in a forum organized by the presidency of the Senate. The event was held in Villavicencio. The National Hydrocarbons Agency (ANH) was present.

Wednesday, March 8th, 2017
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Relations between the industry and the communities seem to improve

With the ‘no-cost assignment’ method, Ecopetrol (NYSE:EC) delivered essential materials that helped communities in Norte de Santander and Magdalena Medio execute housing projects, and rural communities in Yopal showed their gratitude towards Equion’s social investment projects in the region. These and other Corporate Social Responsibility (CSR) news in our periodic summary.

Wednesday, March 8th, 2017
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Huila’s entrepreneurs on the future of the industry

Huila’s entrepreneurs gave a rational perspective on the oil snd gas industry’s performance at an international and local level.

Wednesday, March 8th, 2017
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Barrancabermeja refinery: Ecopetrol’s hope?

At a time when low oil prices have forced Ecopetrol (NYSE:EC) to adjust its expenses and maintain a moderate exploration rate to ease its finances, the refining industry is emerging as the company’s hope for higher production margins and profits.

Tuesday, March 7th, 2017
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ANH approves plan to reactivate the industry

The National Government failed to receive about CoP$23.6T due to the oil price drop and the sector crisis affected everyone. In September 2015, the National Hydrocarbons Agency (ANH) announced improvements and incentives to boost the sector. Nearly a year-and-a-half later, finally, the new regulation has been approved.

Tuesday, March 7th, 2017
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Fuel smuggling is getting out of hand

The Army and the Police carried out a series of operations that led to the confiscation of over 3,000 gallons of fuel that were being illegally transported through the country, Ecopetrol (NYSE:EC) reported that attacks against the Caño Limón-Coveñas pipeline continue, and authorities showed their concern regarding the expansion of dissident Farc groups in different departments of the country. The development of these and other stories in our periodic Security Summary.

Tuesday, March 7th, 2017
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ECP reported positive earnings

ECP reported positive earnings

Ecopetrol (NYSE: EC) made public its financial results for 2016. The company notes that it did well despite the difficult circumstances. The NOC exceeded its production target and presented positive financial results.

Tuesday, March 7th, 2017
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Oil prices not changing

Oil prices not changing

January, Brent averaged US$55.89 and in February US$56.24, a less than 1% change and identical in percentage terms to the change between January 2017 and December 2016. Yawn!

Monday, March 6th, 2017
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“Fuel surcharge is unfair”: Huila’s inhabitants

Huila’s inhabitants showed their rejection against this year’s fuel surcharge in the department.

Monday, March 6th, 2017
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A bad situation getting worse

As a way to protest against the low salaries and lack of health benefits that Ecopetrol (NYSE:EC) allegedly imposed to its workers, USO announced a ‘national mobilization and protest day’. The Union also denounced supposed threats against its Magdalena Medio leaders, and reported it is currently mediating between the NOC and communities in Putumayo.

Monday, March 6th, 2017
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