Because fuel smuggling has turned into a big problem in Santander, local authorities have been forced to double surveillance and operatives in the department to control it. The development of these and other stories in our periodic Security Summary.
Ecopetrol (NYSE: EC) has reported good financial performance, despite low prices and less production. The company announced that it has cash to buy oil reserves abroad.
The National Planning Department (DNP) made the recommendation to the mining and oil municipalities of the country.
Parex Resources Inc. (TSX: PXT) announced its financial and operating results for 1Q17. The oil firm reported production growth and good financial performance in this period.
A new attack against the NOC’s facilities took place in El Triunfo village, in Acacias (Meta.)
Guillermo Perry Rubio, former MinMinas, talked about the royalties’ model in the country in an interview with Portafolio. He said that the government must make changes to boost the sector and follow the example of other countries in the region.