Ecopetrol’s (NYSE:EC) Manager of Social Prosperity, Francisco Noguera, announced social projects that represent investments of more than CoP$15.7B for the municipalities of Aguazul and Tauramena (Casanare).These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
The Ministry of Mines and Energy (MinMinas) announced fuel prices for January 2018. The ministry started the year with conservative measures, as there were no substantive changes.
Gran Tierra Energy (NYSE: GTE) announced its 2018 capital Budget and production guidance. The company is optimistic about this year’s performance in Colombia.
As we said last week, the ELN attacked oil infrastructure in the departments of Arauca, Casanare and Boyacá, only hours after the bilateral ceasefire ended. Ecopetrol (NYSE:EC) spoke about the measures that it took to face the environmental emergencies caused by the armed group.
The Minister of Mines and Energy, Germán Arce Zapata, spoke about the projects of the General System of Royalties (SGR) that were approved in December of 2017 by the Collegiate Organs of Administration and Decision (OCAD), in the session known as ‘odcatón.’ These and other stories in our periodic Royalties summary.
The Ministry of Mines and Energy (MinMinas) reported annual oil and gas production figures in the country for 2017. The entity highlighted that this metric is above the target for the medium-term, but it decreased compared to 2016.