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The palm growing sector which sources most of the raw material to refine biodiesel is close to “receiving its death certificate”, according to the Jens Mesa, the president of the association which represents the sector, Fedepalma,

The Minister of Mines and energy German Arce made a call to keep the oil industry healthy and competitive during a presentation given at the International Forum of Regulatory Agencies 2016.

Ecopetrol’s (NYSE:EC) project manager for the CPO-9 exploration project, Edward Rivero, insisted to the Meta Departmental assembly that the NOC has all of its permits and papers in order, and that despite a campaign to misinform the population, it will not harm the environment exploring the block.

A report issued by the Colombian Petroleum Association (ACP) showed that between January and June, only nine exploration wells have been drilled, with one in the process of construction. This amounts to 27.2% of the industry’s goal for the year, which had been set at 33 wells.

The Colombian Petroleum Association (ACP) said that authorities should allow greater fuel imports to serve national supply during production and distribution problems from infrastructure issues and strikes.

Despite loud opposition from the USO oil workers union, the VP of Ecopetrol’s (NYSE:EC) southern region, Carlos Hernando Candela, confirmed that the NOC will divest of four oil and gas fields in Huila.

Bogota´s District Administration has levied a CoP$4.474B (US$1.42M) fine on Petrobras (NYSE:PBR) for a fuel leak detected at one of its fueling stations in 2010. This and other environmental stories in our periodic summary.

Geopark (NYSE:EC) said that both its oil and gas production has risen in the third quarter of 2016, which grew revenues 8% compared to the prior quarter, but its operation still resulted in a loss for the period.

The Ministry of Mines and Energy (MinMinas) said that it has delivered resources from its production incentive program to benefit both victims of the armed conflict and environmental recovery in the Cesar Cepartment.

The president of Ecopetrol (NYSE:EC) Juan Carlos Echeverry said that Colombians are facing a “trilemma” and must decide whether to leave oil in the subsoil or convert it into resources which can be used for well-being and peace.