This week, a two-part “What We Think”. Firstly, Campetrol’s Nelson Castañeda spoke to the national press, naturally about rigs, saying the February 2023 count fell again because of social conflict. Not coincidentally, we published an article based on a press release by Colombia’s Ombudsman saying incidents year-to-date February 2023 increased 73% over last year. And for those with the patience to stick to the end, a reflection on Ecopetrol as we await Felipe Bayón’s replacement.
After the release of the policemen kidnapped by some ‘farmers’ in San Vicente del Caguán, Colombian President Gustavo Petro spoke about the orders he gave during the process.
Ecopetrol (NYSE: EC) reported a new attack against its oil infrastructure, this time in Barrancabermeja.
Communities invaded the facilities of Emerald Energy’s Capella A field in the municipality of San Vicente del Caguán, demanding the defense of their land rights.
I concluded last month’s article by describing “some hope in an otherwise dismal month.” Yes, the ELN and the government did restart their meetings in Mexico but I don’t think I could come up with even a glimmer of hope for an even more dismal month.
A new attack on oil infrastructure caused an environmental emergency and raised great concern in the country.
Blockades in various regions and threats to oil companies are affecting the performance of the sector in Colombia.
Attacks against oil infrastructure are back and, as before, against the Coveñas/Caño-Limon (CCL) pipeline.
Mexico’s government is preparing for the second round of talks with the ELN, but the guerrilla group has given no clear signs of peace.
During the FARC peace process, we wrote weekly updates. If I had been doing that for the current ELN process, this month I would have written literally thousands of words “full of sound and fury / signifying nothing”.
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