Through statements, the Colombian Petroleum Association (ACP) and Ecopetrol (NYSE: EC) rejected the violent acts that were registered in the Castilla and Chichimene fields in Meta.
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.
National authorities reported the seizure of more than 3,000 gallons of fuel in the departments of Nariño, Norte de Santander, Arauca and Meta. The development of these and other stories in our periodic Security summary.
Illegal actions against Ecopetrol (NYSE: EC) infrastructure remain a major headache for the NOC. The company denounced a new violent incident at its facilities in the department of Meta.
Colombian regions continue to block the development of the mining industry; this time it is Ibagué, Capital of the department of Tolima. Camilo Delgado, a member of the Liberal Party, spoke about this decision.
The oil sector is facing difficult times due to the boom of anti-oil referendums. The Colombian Petroleum Association (ACP) published itsE&P Investment Trend Study. The association interviewed 21 presidents of oil companies in Colombia, which represent 97% of crude production.
The president of the National Hydrocarbons Agency (ANH,) Orlando Velandia, spoke about the information program that the industry is currently developing throughout the country.
During 2017, authorities in La Guajira, Cesar and Nariño reported better figures in the fight against oil theft, but Ecopetrol (NYSE: EC) demanded more surveillance in Norte de Santander. The development of these and other stories in our periodic Security summary.
The Coveñas / Caño Limón pipeline, one of the main assets of the country to transport crude, continues to report problems from attacks and this is generating huge losses. Ecopetrol (NYSE: EC) commented on the status of this important pipeline.
This is the first time in over 4 years that there is nothing to report on the peace process. Our Managing Editor speculates on what that might mean.
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