After years of underperforming global indexes, Colombian-focused companies finally caught one: the TSX’s index of Canadian oil and gas stocks.
We are preparing a book (our first!) so I needed to reread all our weekly summaries about the FARC peace process. It was interesting to see what had changed, what was still an issue, what we thought was important from reading the Colombian press and what I had expected to be important, but which got very little attention.
Ecopetrol (NYSE: ECP) reported good financial performance in 2017, and prospects for this year are positive as well. Oil prices and the discount to Brent played a key role in this issue, benefiting all Colombians.
A group of locals in Yopal promoted the ‘For the Defense of Yopal’s Environment’ popular consultation, but did not gather the total number of signatures required by the National Registry.
The Colombian Association of Petroleum Engineers (Acipet) held a press conference to discuss progress in its information campaign with communities and other relevant issues. Julio Cesar Vera, President of Acipet, led the meeting. HCC was present at the event and we bring a summary of the meeting.
The Army spoke about the operation in which it found explosives that the ELN was going to use to blow up Coveñas Caño Limón (CCL) once again. The development of these and other stories in our periodic Security summary.
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