Although the ELN denied responsibility for attacking an energy tower in Nariño, authorities are worried about the increase of attacks to the industry’s infrastructure in that department. The development of these and other stories in our periodic Security summary.
The development of unconventional projects is the main strategy to increase oil reserves in the short, medium and long term. However, this alternative is resisted or even rejected by many local communities. The business paper La Republica held a forum to talk about this situation.
The Colombian Association of Petroleum Engineers (ACIPET) has been one of the most active groups to defend the sector of anti-oil referendums. The association sent a letter to the Constitutional Court about this issue.
The Center for Economic Studies of the National Association of Financial Institutions (ANIF) spoke about the industry’s situation in 2017, and its forecasts for 2018.
Seems like the actions taken by Hocol and Ecopetrol (NYSE: EC) to control environmental emergencies in Purificación (Tolima) and Tumaco (Nariño), have not been enough for their communities. The development of these and more stories in our periodic Eco summary.
Last week the United Nations mission of environmental experts published its preliminary report on the La Lizama well, giving the ‘scandal’ another mediatic bump. This may be the last such flurry for a while, but the industry will be paying the consequences for some time.
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