ACP as a source of information
Source: La República – National
Date: July 09
Headline: Lists rules to advance in fracking pilots
The Ministry of Mines and Energy announced the final technical guidelines that companies interested in the development of comprehensive research pilot projects (Ppii) for fracking will have to follow. Through Resolution 40185, the ministry revealed the general conditions for this process and confirmed that there will be four projects located in the Middle Magdalena Valley and the Cesar-Ranchería basin. (…) “The Ppii will generate knowledge for institutional strengthening, promote citizen participation, transparency, and access to information. It will be a technical, scientific, and clear process that will allow the country to verify the viability of the technique and build trust in the operating regions,” explained Francisco Lloreda, president of the ACP. One of the established conditions is that the National Hydrocarbons Agency (ANH) will have the authority to set the competition criteria for selecting the oil companies that will develop the initiatives. With this decision, it confirms what the president of the entity, Armando Zamora, explained to LR a few days ago, as he added at the time that everything will be through a call for proposals, which is expected to be awarded by October at the latest. Source: Source: Ministry of Mines and Energy/ Ecopetrol / ANH / Ministry of Finance. Replicated in: larepublica.co (July 09), noticiaspasto.co (July 09).
Source: Portafolio – National
Date: July 09
Headline: Fracking: lists pilot regulations
In a matter of days, the country will have ready the technical, environmental, social, and contractual regulatory framework that will clear the way to allow the development of fracking pilots in the national territory. The task, which was carried out by the ministries of Mines and Energy, Environment, and the Interior, as well as by the National Hydrocarbons Agency (ANH), aims for the so-called Comprehensive Research Pilot Projects (PPII) in unconventional reservoirs (YNC) to be executed under rigorous sustainable protocols contained in three decrees and an agreement. (…) “Advancing in the PPII represents an opportunity to move beyond the discussion and, above all, contribute to the country's progress. They will also allow for the evaluation of the effects of so-called hydraulic fracturing in technical, social, and environmental terms, as well as generate knowledge for institutional strengthening, promote citizen participation, and transparency and access to information,” stated Francisco José Lloreda, president of the Colombian Petroleum Association (ACP). (…) “We want to develop these pilots as if we were in a fishbowl, where all interested parties can have access to the information,” says Felipe Bayón, president of Ecopetrol. Replicated in: portafolio.co (July 08).
GREMIO
Source: El Tiempo
Date: July 09
Headline: Environmentalists demand suspension of pilot projects for ‘fracking’
While different countries in Latin America come together to promote a green economic recovery, to avoid a new pandemic as suggested by the UN, in Colombia, the pilot projects for fracking are being regulated. (…) The Colombia Free of Fracking Alliance also argues that the decree does not include an institutional strengthening plan recommended by the expert commission to implement the pilots. This is important because the commission identified an institutional weakness that needs to be corrected to ensure the transparency and effectiveness of the pilots. In this regard, the Ministry of Mines and Energy stated that the decree “stipulates that it is the obligation of each of the entities to carry out a diagnosis of their institutional capacity and propose an action plan to achieve such strengthening.” (…) Additionally, the local baseline, that is, the environmental, social, and health information of the areas where the wells will be drilled, will be the responsibility of the companies that would carry out the pilots (for now, Exxon Mobil and Ecopetrol).
Source: El Tiempo
Date: July 09
Headline: The presidency of the Congress is cleared for Char
The postponement of Senator Arturo Char's proceedings in the Supreme Court sealed the support of the majority of political parties for him to be the new president of the Congress. (…) Arturo Char arrived in Congress in 2006 and was there until 2010. During that period, he was part of Commission V and was the rapporteur for different bills, including the one that enshrined the change of legal nature of Ecopetrol and the one that established the Sanctioning Procedure for Environmental Damage.
Source: Dinero
Date: July 09
Headline: The business behind the rainbow
In June, the month of Lgbtiq+ pride, marketing around gender diversity grows. A fact that also has a positive impact on commerce. (…) Companies like Ecopetrol, Bancolombia, and Rappi dressed their logos with the rainbow to show their support for the community.
Source: Dinero
Date: July 09
Headline: Entrepreneurship – The virtual champions
Virtual and augmented reality has proven to be an ally in difficult times. Several experiences demonstrate this. (…) They have also developed business training projects that have been launched by companies like Ecopetrol, Fundación de la Mujer, and Colsubsidio. «We have created more than 1,500 virtual courses, 5,000 educational videos, we have 470 copyright licenses; more than 30 applications; and we have impacted approximately 50,000 people with all our solutions,’ González stated.
Source: Dinero
Date: July 09
Headline: Fiscal framework: too optimistic?
The government's roadmap foresees strong GDP increases, debt reductions, and high revenues when the pandemic ends. Experts do not see some key points as viable. (…) At Ecopetrol, we have the capacity to sell 9% additional that has never been sold; perhaps it would be the time to do so. Markets need to be analyzed to ensure provision. We know that not everything can be done with debt and at the same time to save assets or essential services,» he explained.
Source: El País
Date: July 09
Headline: Eighth, do not lie. By: Jorge Restrepo Potes
I lacked space to insert in the title the introduction of the Eighth Commandment of the Law of God that orders, under penalty of falling into mortal sin, not to bear false witness, which, along with lying, are reprehensible behaviors of the human race. (…) Uribe was president, and he knows that the contracts for the exploration and exploitation of crude oil are granted by Ecopetrol, with the approval of the board of directors and the president of the company, who were not going to collude with Santos in that nefarious purpose. This is nothing more than a wicked rumor, but it shows a level of terrifying hatred.
Source: El Heraldo
Date: July 09
Headline: Tank truck complied with legal formalities: Police
The tank truck with license plate WGV–913 that overturned and later caught fire at kilometer 45 of the Caribbean trunk road, between Barranquilla and Santa Marta, had its papers in order and its transit and cargo were endorsed with its guide. The vehicle, driven by Manuel Cataño, is affiliated with the transportation and supplies company ‘La Caribeña’ and had been loaded with 5,950 gallons of regular gasoline at the wholesale station in Galapa (Atlántico), destined for the retail service station ‘Sierra Nevada’ in Santa Marta. The wholesale supplier of this hydrocarbon is supplied by Ecopetrol directly from Cartagena, according to the report from the commander of the Metropolitan Police of Santa Marta, Colonel Óscar Solarte.
Source: El Universal
Date: July 09
Headline: Colombia will emerge strengthened after the pandemic: Juan Carlos Echeverry
“We are all suffering, but others suffer more than we do,” that phrase from former Minister of Finance and former president of Ecopetrol, Juan Carlos Echeverry, seems to simply summarize the situation faced by more than 188 countries amid the pandemic. However, for Echeverry, “Colombia will emerge strengthened” and he predicts that in 2 or 3 years we will be growing at pre-pandemic levels if we manage to be the ones to show in the region how to handle this COVID-19 crisis.
Source: El Universal
Date: July 09
Headline: Pasacaballos will have its hospital
For 12 years, the inhabitants of the Pasacaballos district have been fighting and asking not only the Cartagena Mayor's Office but also some private companies to help them have a second-level hospital in their territory, where they can attend not only to the residents of Pasacaballos (…) And apparently, that continuous struggle they have had, not only the leaders and presidents of Community Action Boards (JAC), but also residents, will become a reality. This was announced by Jorge Eliécer Zabaleta Olivo, president of the Community Action Board of Pasacaballos, and Segismundo Acosta, a member of the health committee of the JAC and the health advisory of the community council of Pasacaballos, who held a meeting with the mayor of Cartagena, William Dau; the Secretary of Infrastructure, Gonzalo Jácome, and delegates from Ecopetrol, where they agreed on the commitments that each party must fulfill to make the Hospital of Pasacaballos a reality.
Source: El Pilón
Date: July 09
Headline: Dairy cow for sale: Government. By: Luis Napoleón de Armas P
In difficult times, the first and easiest idea is to sell; appliances, the bed, and even the house are offered. If a private individual does this, it affects no one, only the owner and their family; but if a government does it, which temporarily manages the assets of a nation, it has another connotation. (…) This is a style: during the government of democratic security, 49 state companies were sold to clean up fiscal accounts and ineffective national production. Now, due to the pandemic, this continuity government with decree law 811 of 04/06, before a submissive Congress in retreat and a sheltered people, opened the doors to the sale of ISA, Ecopetrol, and its subsidiaries Reficar, Barrancabermeja Refinery, and Cenit, our insignias.
Source: El Frente
Date: July 09
Headline: Business opportunity for Barranqueño entrepreneurs
Barrancabermeja has what it takes to provide the services that large companies with a presence in this territory require for their operations related to the food supply. This was demonstrated during the Relationship Wheel of the company Compass Group Service, which has the food contract for Ecopetrol in this district, with Barranqueño entrepreneurs. Thanks to the efforts made by Mayor Alfonso Eljach and the Secretariat of Economic and Social Development.
Topics
Source: El Espectador
Date: July 09
Headline: Tasajera and the thieves. By: Catalina Ruiz-Navarro
This week, a truck carrying gasoline overturned and exploded on the Barranquilla-Santa Marta road that crosses the Isla de Salamanca, in the Tasajera district. It left — so far — 11 dead and more than 50 injured. As is customary in Puebloviejo, several of its inhabitants came to loot it, and when trying to steal the battery, an explosion occurred. Since then, comments on social media have revealed a kind of punitive classism very Colombian. What was said, more or less, is that the inhabitants of Tasajera looted the gasoline truck not because of the extreme precarious conditions in which they live, but because of a kind of collective moral failure, which is “Colombian opportunism,” “lack of solidarity,” and there was a call for “zero tolerance for criminals.”.
Source: La República
Date: July 09
Headline: The dollar fell to $3.265 amid stability in oil prices
The price of the dollar continues to decline, although in small proportions. In yesterday's session, the currency fell $5.68 and traded at an average of $3.625.86. Experts agree that the Colombian peso has been operating upwards in recent days, thanks to the stability of oil prices and that investors weigh the hopes of a rapid economic recovery against fears of a resurgence of the pandemic, especially in the United States. (…) However, both benchmarks recorded their fourth session of daily percentage changes of less than 1% in either direction, dismissing news that Libya, a member of the Organization of the Petroleum Exporting Countries (OPEC), was increasing crude supplies by reopening its export terminal. “WTI crude seems ready for a decline as oil demand wavers again in the U.S.,” warned Oanda analyst Edward Moya.
Institutional
Source: La República
Date: July 09
Headline: A new weekly report
The newly appointed Minister of Mines and Energy, Diego Mesa (1982), has already begun to show the initiatives he will take in office. One of the first he announced on his Twitter account is that a weekly report will be issued with various figures managed by his ministry, such as international oil prices and minerals or the level of reservoirs and stock prices of energy. (MC)
Source: Portafolio
Date: July 09
Headline: ‘Recovery with mining’
In an interview with Portafolio, the newly appointed Minister of Mines and Energy, Diego Mesa, explained his priorities in this portfolio. In addition to reaffirming the Government's commitment to continue the agenda of promoting renewable energies, a hallmark of his predecessor María Fernanda Suárez, the new minister included the dynamization of the extractive industries among his objectives. (…) This is complemented by the debate on prior consultation and the need, amid the coronavirus pandemic, to adopt semi-presential schemes for these crucial requirements that environmental licenses demand.
Source: bluradio.com
Date: July 09
Headline: They are accelerating fracking: there will be 4 pilots in Cesar and Valle Medio del Magdalena
The National Government will advance the tasks while different ministries and agencies published regulations to start the projects. The National Government published the four regulations that will be used to initiate the fracking pilots in Colombia. These regulations were published and developed by the ministries of Mines, Environment, and Interior. (…) Finally, the draft agreement of the ANH establishes all the contracting regulations for Exploration and Exploitation of Hydrocarbons, the contractual elements that allow the implementation of Research Well Projects in the development of the Comprehensive Research Pilot Projects on Unconventional Hydrocarbon Deposits – YNC.
Colombian Association of Oil and Gas