News and AnalysIs for

Ecopetrol (NYSE: EC) gave details about the Akacías field in Meta, but will social issues be an obstacle for its development?

The NOC presented the results of a study that looks at attacks on its infrastructure in recent years.

After a legal action was filed by dozens of families affected by la Lizama environmental emergency, a judge ordered Ecopetrol (NYSE: EC) to begin the characterization of the victims, as a prelude to a possible compensation.

Earlier this month, 2,000 doctors sent a letter to President Santos asking him to rule out fracking. The Colombian Association of Petroleum Engineers (Acipet) replied.

Ecopetrol (NYSE: ECP) announced the construction of a new refined-products pipeline in the western region of Colombia. The company highlighted the benefits of this important project for the region and the environment.

One of communities’ main demands is the hiring of local labor. Ecopetrol (NYSE: ECP) reported figures for the number of jobs created during the first quarter of this year and locals represented the majority in these new positions.

Ecopetrol (NYSE: EC) and Equion stood out for their successful CSR projects that benefited communities in the departments of Casanare and Meta, among others. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Representatives of Frontera Energy, Mansarovar Energy and Gran Tierra Energy (TSX: GTE) spoke about their efforts to protect biodiversity in their fields and preserve Colombia’s natural resources.

Ecopetrol (NYSE: EC) announced its first quarter 2018 results and its management highlighted that the firm was solidly committed to excellence, as its financial performance showed the best quarterly results of the past four years.

Social investment in the oil sector has evolved into a mechanism that allows the integration of environmental and social factors for the benefit of communities.