News and AnalysIs for

The firm began to gradually reactivate production activities in its Castilla, Chichimene and CPO9 fields, which had to be turned off due to sabotage and violence against its workers and infrastructure in Meta.

Ecopetrol (NYSE: ECP) took a radical decision in some of its most important blocks in the department of Meta, since violence is preventing operations in these areas.

The Colombian Association of Petroleum Engineers (Acipet) and other industry groups asked the Constitutional Court to review the “unconstitutional” nature of popular consultations and spoke about their proposals to assure that locals make better informed decisions.

The union announced that it will develop regional workshops to prepare the list of requests that will be submitted to Ecopetrol (NYSE: EC).

The guerrilla announced a three- day general strike throughout the national territory and asked passengers and transporters to refrain from traveling and that way “avoid inconveniences.”

The Coveñas Caño Limón (CCL) pipeline continues to be the main target of terrorist acts by illegal groups, especially the ELN. Authorities and Ecopetrol (NYSE: ECP) reported new attacks against this important asset.

Social conflict and insecurity affect the development of the oil sector in Colombia. Frontera Energy (TSE: FEC) is having problems of this type in one of its blocks and had to make a transcendental decision.

The Police and the Attorney General’s Office announced that the gang leaders were captured and one of them was an Ecopetrol (NYSE:EC) contractor. The development of these and other stories in our periodic Security summary.

USO showed its dissatisfaction towards UT Ecolog’s position. The transport and logistics company allegedly did not show willingness to talk to them, so the union announced the sabotage of activities at Ecopetrol’s (NYSE: EC) warehouses until the firm changes its mind.

We did not publish our usual security summary for December 2017 even though it was the end of the quarter and the end of the year. By the time we started operations again after the year-end holiday period, the bilateral truce with the ELN was already over, ending literally with a bang. It made more sense to wait until the end of January.