Authorities spoke about successful operations against fuel smuggling in the departments of Magdalena, Cauca and Arauca, among others. The development of these and other stories in our periodic Security summary.
Ecopetrol (NYSE: EC) announced its fourth quarter and 2018 results. The NOC’s financial and operational performance in 2018 considerably increased compared to previous year. The firm reported the highest consolidated EBITDA in its history.
The Mining and Energy Planning Unit (UPME) published the members of the National Council for the Operation of Natural Gas (CON Gas). The entity announced the group of producers, distributors, transporters and generators terms.
Vanti, previously Gas Natural Fenosa, spoke about its plans to optimize operating costs in the industrial sector, while becoming a more sustainable option in the market.
Authorities have reported 11 attacks on the oil infrastructure this year. Most of them by the ELN.
Ivan Duque, President of Colombia, promised to make changes in the oil sector to boost its growth and the General System of Royalties (SGR) is one of the main discussion topics. Communities and authorities spoke on this issue in an Oil and Gas forum in the municipality of Aguazul (Casanare).