In the wake of yet another attack on the Coveñas-Caño Limón (CCL) oil pipeline, perpetrated by armed groups operating outside the law, Colombia’s oil industry is facing serious challenges.
The ongoing attacks on oil infrastructure create huge losses and serious environmental damage to various regions across the country.
The Petro government requested that the ELN guerrillas clarify their true intentions for peace, and the group quickly responded.
Through the end of the day on March 28th, President Gustavo Petro’s “Total Peace” process was having an up and down month but on balance, not as bad as February. That evening the ELN attacked an army post in Catatumbo and the wheels came off his major project.
The company warned the government on several occasions about the difficult situation in San Vicente del Caguan, receiving no response.
A new attack against oil infrastructure was registered last Monday.
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.
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