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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.

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.

Canacol (TSX:CNE) announced significant increases in its contracted sales starting in December 2017 and December 2018, facilitated by new infrastructure.

Ecopetrol (NYSE:EC) defended its contribution and legacy in Huila after entering operation in the region in November 1994, in what appears to be an attempt to counter criticism from the USO workers union over the sale of smaller fields.

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.

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.

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 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.

Ecopetrol (NYSE:EC) third quarter 2016 oil and gas production showed a slight dip causing revenues to fall, and the firm said higher taxes cut into its profit. The firm expects to counteract falling production by new drilling, and has its sights set on exploration for 2017.

Canacol Energy (TSX:CNE) said that it hit record production and revenues not seen since before the fall of oil prices, but relinquished fields combined for a non-cash impairment charge which brought its first quarterly loss in 2016.