News and AnalysIs for

Ecopetrol (NYSE: EC) is focusing on offshore projects and so the company will develop several projects this year with partners. The NOC will be the operator in one of these.

‘Shocking news’ as one of the biggest newspapers in Colombia wrote an article about ‘Reficar’s wonders,’ and Guamal’s inhabitants said they no longer oppose to Ecopetrol’s presence in the region, so long as the company follows the necessary environmental regulations. The development of these and more stories in our periodic Eco summary.

Amerisur Resources Plc announced its results for 2016. The company financial results were negative, but prospects for this year are positive.

The Colombian Caribbean coast has many challenges in energy matters and suffers many shortages. Promigas and Canacol Energy (TSX: CNE) are analyzing options to improve this aspect.

The executive director of the Energy and Gas Regulatory Commission (CREG), Germán Castro, said that the government will be more involved in building strategic infrastructure for the sector and will issue new standards to improve it.

GasOrlando Cabrales, President of Naturgas, discussed the natural gas market and made recommendations for improvements. Government representatives also spoke.

GasAccording to Naturgas, vehicular natural gas service in Colombia had more than 500,000 new users in 2016, but this year, that number is expected to fall to 300,000.

Canacol Energy Ltd. (TSX: CNE) is analyzing various strategies for its future. The company sees natural gas as an increasingly attractive option.

The National Army has executed operations along the Colombian border to fight fuel smuggling. The regions with the highest rates of contraband were Arauca, Casanare, Vichada and Nariño. Most of the fuel came from Venezuela. The development of these and other stories in our periodic Security Summary.

The Ministry of Mines and Energy (MinMinas) published the table of fuels prices for main cities of the country. There are many complaints about this decision.