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The National Agency of Environmental Licenses (ANLA) suspended some of the procedures around the La Lizama Well, as a precautionary measure until it has enough technical analysis to determine the absence of potential risks.

The oil spill in La Fortuna in the department of Barrancabermeja generated a lot of controversy and debate in the Colombian media. Felipe Bayón, CEO of Ecopetrol (NYSE: ECP) spoke about this situation in an interview.

Through the announcement of a new public policy, the government just took another step towards incorporating renewable energies in the country such as wind, solar and biomass. The development of these and more stories in our periodic Eco summary.

Since we started Hydrocarbons Colombia, we have reported on a number of good-sized scandals, ones that have lasted more than a couple of days. The latest is the escape of oil from the La Lizama well. This one could have more profound impacts on the industry than any previous media circus.

With Brent at US$70 per barrel, the government is calling on the different oil companies operating in the country to make the investments they committed in 2012 and 2014’s oil rounds.

The National Agency of Environmental Licenses (ANLA) spoke about the gaps that exist in the studies of China’s Emerald Energy to develop El Nogal block in the municipality of Morelia (Caquetá).

CEO Felipe Bayón spoke about the NOC’s contingency plan to face the environmental emergency that took place in Barrancabermeja, after an accident in the Lizama well.

Different governmental entities spoke about proposals to improve environmental issues. The development of these and more stories in our periodic Eco summary.

The Colombian government pledged to reduce pollution by signing the Paris agreement. Authorities have made changes to achieve these agreements, and ethanol is key in this process. Representatives of the sector expressed their opinion on Colombia’s capacity to meet the new ethanol demand.

The National Environmental Licensing Authority (ANLA) announced measures on data collection for environmental studies in the extractive sector. ANLA said that this positions Colombia as an international example.