Social unrest has increased substantially in different oil fields. Some companies have reported blockades and attacks against their infrastructure and workers, and USO spoke about the situation.
The president of the National Hydrocarbons Agency (ANH), Orlando Velandia, spoke about oil prices, production targets and other industry metrics for this year.
Ecopetrol (NYSE: ECP) is facing a difficult situation in southern Meta as a result of social protests. The hooded protestors say they want more local contracting and the company responded to these demands.
Social conflict directed against the oil industry in Colombia is causing headaches this year. Parex Resources Ltda (TSX: PXT) reported problems in one of its blocks in the department of Casanare.
The firm began to gradually reactivate production activities in its Castilla, Chichimene and CPO9 fields, which had to be turned off due to sabotage and violence against its workers and infrastructure in Meta.