Ecopetrol (NYSE: EC), Equion, Frontera Energy (TSE: FEC) and Geo Park (NYSE: GPRK) spoke about their successful social investment projects in Casanare, Santander and Huila, among others. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The National Administrative Department of Statistics (DANE) reported the value of Colombian exports in July. This increased compared to the same period last year and the extractive sector played a key role in this behavior, once again.
In addition to the popular actions recently filed to try and stop the implementation of fracking in Colombia, now a group of lawyers filed a bill that seeks its prohibition.
Colombia continues to discuss about alternatives to guarantee energy self-sufficiency in the long term. The country has great potential to increase its gas production and the Caribbean is positioned as one of the main regions for the future of this fuel.
Ecopetrol (NYSE: EC) rejected the union’s violent acts in La Cira-Infantas field (Santander); one of Colombia’s main producing fields.
Our Analyst complained that we had taken his usual space in the newsletter for our various end-of-Santos-government reviews. (Normally he complains because he has no idea what to write about come the Friday deadline, so this was a first.) He was especially concerned because he had good news to report.
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