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ANIF has a plan for ECP proceeds

The government had announced the possibility of selling 8.5% of Ecopetrol’s (NYSE:EC) shares. The Association of Financial Institutions (ANIF) has plans for the revenue this might generate.

Tuesday, February 5th, 2019
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“Colombia does not have to import crude oil”: Campetrol

Although the industry’s situation in Colombia is still quite complex, the Executive President of the Colombian Chamber of Petroleum Goods and Services (Campetrol) Germán Espinosa, was optimistic about the future of the sector in the country.

Wednesday, November 8th, 2017
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Oil industry future

Oil industry future

The Colombian oil sector has been key for the country’s economy, but its future is uncertain, as popular referendums and social unrest are putting its development at risk. Sergio Cabrales Arévalo, Doctor and Researcher in Administration of the Andes University, made an analysis of the sector’s future.

Wednesday, October 4th, 2017
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“The peace agreements provide opportunities that the industry must seize”: Halff

Antoine Halff, researcher at the Center for Global Energy Policy at Columbia University and former lead analyst for the International Energy Agency (IEA), spoke about the situation of the industry in Colombia.

Wednesday, October 4th, 2017
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Campetrol highlights offshore industry challenges

The Colombian Caribbean region has high expectations about the benefits of the offshore industry. German Espinosa, President of the Colombian Chamber of Goods and Services (Campetrol) talked about challenges to supply operations.

Monday, August 14th, 2017
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Colombia is one of the countries with lowest investment in renewable energies

Some other countries that allocate few resources to generate alternative energies are Venezuela and Argentina.

Friday, June 30th, 2017
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Oil vs water

With the title “Fracking vs clean development mechanisms” a Llanos Internet news site tries to cover all the sides of the water issue but ends in a predictable conclusion.

Wednesday, June 18th, 2014
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USO news summary for the week ending December 7, 2012

This week the USO reported on its national assembly and its plans to create an occupational health department. More important is a news item on hearings in Villavicencio on the social and environmental impacts of the mining and hydrocarbons sectors in the department of Meta. A left-wing senator, Alexander López Maya told the hearing that working conditions in Puerto Gaitan were typical of a concentration camp. That’s strange considering that Pacific Rubiales told a conference on sustainable communities and petroleum last Friday that it had no community or labor relations issues in Puerto Gaitan. Although the truth is no doubt somewhere between zero and the Gulag archipelago, we are inclined to think it very much closer to the company’s point of view than one reported by the USO.

Monday, December 10th, 2012
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USO news summary for week ending November 23, 2012

(The USO is the Colombian petroleum workers union. Unrepentantly radically left, it often seems trapped in some Marxist-Leninist twilight zone from before the fall of the Berlin Wall or perhaps before the Second World War. Still its capacity for mischief is unmistakable and so we believe it is important for oil and gas industry stakeholders to keep track of what they are up to. We will summarize major news items from their webpage or other sources and publish the summary every Monday. We will reproduce the tone of their items while not agreeing with their messages.)

Monday, November 26th, 2012
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What is the labor situation in Colombia?

October 10, 2012
After a union leader told RCN Radio that recent riots in Puerto Gaitan that killed three people were because “Pacific Rubiales has not kept its commitments”, the company was forced to issue a statement that this was not true. The company’s explanation fits the facts better: that a policeman ran over and killed a small child, the community wanted to lynch him, his fellow policemen defended him and a riot broke out.

Friday, October 12th, 2012
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