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Ecopetrol’s export distribution: 3Q16 Update

Ecopetrol’s export distribution: 3Q16 Update

Ecopetrol’s export distribution remains virtually unchanged from 2Q16 and has been essentially stable throughout 2016.

Thursday, December 8th, 2016
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Orlando Cabrales named president of Naturgas

Another significant change in the leaders of Colombia’s industry associations occurred this week after the Colombian Association of Naturgas named industry veteran Orlando Cabrales as its new president, replacing Eduardo Pizano.

Thursday, December 8th, 2016
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Hocol’s Pegaso exploratory project is 80% complete

Still dealing with stubborn opposition for trying to bring legitimate economic activity to the same time-zone as Caño Cristales and some of the country’s best coca-growing areas, Hocol released a statement to the press on its project in San Juan de Arama.

Thursday, December 8th, 2016
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Peace Process: ‘D’ day and beyond

The government has said that December 1st, is the ‘D’ day marking the start of the post-conflict transition, but the Farc said that nothing will move forward until a “Fast track” amnesty bill for its members passes congress.

Thursday, December 8th, 2016
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Campetrol’s Lizarralde resigns

The president of the Colombian Chamber of Oil Goods and Services (Campetrol) Rubén Darío Lizarralde has presented his resignation effective December 31st after two years at the helm of the association. The president of the board of the directors Rose Marie Saab, will also leave.

Wednesday, December 7th, 2016
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The ANH gives a balanced view of 2016

The National Hydrocarbons Commission (ANH) organized an event to show the public its performance during 2016. HCC was present at the event; we bring a summary of the meeting.

Wednesday, December 7th, 2016
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OCP and its lofty original expectations

OCP and its lofty original expectations

The Heavy Crude Pipeline of Ecuador (OCP Ecuador) recently announced it has moved 10mmbl of Colombian crude, as the pipeline benefits from production in Putumayo. But the firm’s president Andrés Mendizábal explains its current volumes are well short of its original goals.

Wednesday, December 7th, 2016
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TPIC rejects Cúcuta blockades

Turkish Petroleum International (TPIC) has publicly rejected blockades carried out by residents in rural areas of Cúcuta which have prevented it from building a platform to build its planned exploratory well Aslan-1.

Wednesday, December 7th, 2016
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Reficar continues to make headlines

InfrastructureTitled by the Colombian press as ‘the center of the biggest corruption acts in the country’s history’, the construction of the Cartagena Refinery (Reficar) by Ecopetrol (NYSE:EC) has once again generated headlines as it has a new management team.

Tuesday, December 6th, 2016
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UPME talks about the mining plan

The Mining Energy Planning Unit (UPME) is opening spaces for dialogue with communities, businesspersons and other parties related to the mining sector. The aim is to create a “Mining Development Plan” that includes everyone. HCC was present at the event.

Tuesday, December 6th, 2016
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