Over the past few weeks, there has been a considerable change in the government’s public declarations about the industry.
USO reported that after Razón Pública newspaper published the article titled “Ecopetrol, 2003-2017: bankruptcy induces privatization?” The NOC sent a letter to the journalist Libardo Sarmiento, author of the publication.
Through its Energy4me program, the Society of Petroleum Engineers (SPE) went to Putumayo and, with Ecopetrol’s (NYSE:EC) support, started a campaign to educate people with real facts, about the real impact of oil activities in their territories.
Claudia González, director of the National Authority for Environmental Licenses (ANLA) gave a positive outlook forthe industry’s situation in Colombia.
National authorities reported the seizure of more than 3,000 gallons of fuel in the departments of Nariño, Norte de Santander, Arauca and Meta. The development of these and other stories in our periodic Security summary.
Ecopetrol (NYSE: EC) announced a cut in the budget of its investment plan for 2017. The firm did not give many details about this decision.
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