ACP as a source of information

 

---

GREMIO

---

Source: La República
Date: October 16
Headline: Ecopetrol recorded a record in asphalt sales

The state oil company, Ecopetrol, announced that it recorded the highest figure for international asphalt sales. In September, exports reached 20,000 tons, a figure not seen since 2008 when these sales began, with a volume of 6,800 tons. (…) “This record positions Ecopetrol as a reliable asphalt supplier, a product that contributes to the reactivation of economies, both in Colombia and in the rest of the region,” said Pedro Manrique, Commercial and Marketing Vice President of Ecopetrol. This goal was achieved thanks to the actions taken in recent years to ensure that the asphalt meets the highest international standards, among which the selection of crudes that ensure the best quality of the product stands out, as well as the optimization of the logistical operation at the Barrancabermeja refinery to increase deliveries.

Source: Portafolio
Date: October 16
Headline: 20 thousand tons

These were the asphalt sales in September by Ecopetrol for international destinations, the highest figure recorded by the company since 2008 when this product was marketed, with 6,800 tons.

Source: Vanguardia Liberal
Date: October 16
Headline: Countdown. By. Juan Pablo Remolina

This year, the Paris Agreement to combat climate change came into effect. This agreement, signed by all countries in the world (except for the United States, the second largest emitter of greenhouse gases, GHG), seeks to limit global warming to 1.5° C above pre-industrial levels (the period between 1850 and 1900). (…) Unlike what happens globally where the use of fossil fuels (oil, coal, gas) generates most GHG emissions, in Colombia, deforestation and livestock occupy this place. (…) Hence, it is satisfying to know the good practices of the private sector in this matter; for example, the Ecopetrol Refinery established a plan to reduce GHG emissions by 20% by 2030, and Ganadería Manzanares plants more than 50,000 trees a year. Green growth must be a reality. We are in a race against time in which there is no excuse for not leaving a better planet for future generations.

 

Source: Vanguardia Liberal
Date: October 16
Headline: Ecopetrol exported more asphalt

Despite market volatility, in September, Ecopetrol's international asphalt sales reached 20,000 tons. This is the highest figure recorded by the company since 2008, when exports of this product began, with a volume of 6,800 tons. (…) “This record positions Ecopetrol as a reliable asphalt supplier, a product that contributes to the reactivation of economies, both in Colombia and in the rest of the region, due to its positive impact on the construction of infrastructure works,” said Pedro Manrique, Commercial and Marketing Vice President of Ecopetrol. As Manrique explained, the selection of crudes - which ensure the best quality of the product - as well as the optimization of the logistical operation at the Barrancabermeja refinery to increase deliveries, have been implemented actions that ensure that the oil company's asphalt meets the highest international standards.

---

 Topics

---

Source: La República
Date: October 16
Headline: The oil market anticipates a slow recovery in demand

This week has left great uncertainty for the oil market, according to Reuters, several global operators such as Vitol, Trafigura, and Gunvor announced that the second wave of covid-19 could lead to a slow recovery in crude demand. For oil producers, prices could exceed US$50 by October of next year. Additionally, the CEO of Vitol, Russell Hardy, explained that the recovery in the northern hemisphere, the U.S., and Europe could be very delayed until 2021 or when a vaccine is available. The Organization of the Petroleum Exporting Countries (OPEC) also spoke about the outlook, especially regarding the increased supply of crude in the market due to the resumption of production in Libya.

Source: Portafolio
Date: October 16
Headline: More of the worst. By: Rodolfo Segovia Salas

What is the point of accelerating when it is known that the result is wrong? That is the very definition of foolishness. Despite manifestly adverse effects, Colombia collects Free Trade Agreements (FTAs) like trophies on shelves. Almost all FTAs yield negative trade balances, sometimes significantly, despite exports of oil and coal, which do not require special trade instruments at all. It is worth emphasizing this last point: in all of them, except Costa Rica, the leading export product is oil and derivatives or coal. (…) With tobacco, coffee, and now recently with oil, there has never been sustained political will, perhaps because exporting little provides opportunities to capture rents, to create conditions and support a hardworking country with resources and talent, but without leaders.

Source: El Nuevo Siglo
Date: October 16
Headline: International. US

Crude oil commercial reserves in the United States fell more than analysts expected. According to the weekly report published this Thursday - one day later than usual due to the holiday on Monday - by the U.S. Energy Information Administration (EIA), reserves fell from 3.8 million barrels (mb) to 489.1 mb.

---

Institutions

---

Source: Hoy Diario del Magdalena
Date: October 15
Headline: 80 sea turtles returned to the sea

As part of the inter-institutional alliance between the Museum of the Sea Foundation-Mundo Marino Aquarium, Jorge Tadeo Lozano University, Petrobras, the Regional Autonomous Corporation of Magdalena, Corpamag, and Daabon, 80 specimens of sea turtles were introduced, including 12 of the Hawksbill species at 2 years old and 68 of Caretta caretta at 14 months, on the beach of Cabo Tortuga, Pozos Colorados sector. (…) In 2005, the private company Petrobras joined this initiative as the main funder, supporting the development of research in the component of Monitoring Nesting Beaches and the Raising of Neonates, in strategic alliance with the Museum of the Sea Foundation-Mundo Marino Aquarium, which for over 20 years in the heart of El Rodadero has contributed to the processes of knowledge acquisition regarding the conservation of marine-coastal resources in the Santa Marta region.

Source: Extra Casanare
Date: October 15
Headline: They planted more than 4,100 trees

The activity carried out by the Regional Autonomous Corporation of Orinoquía had the collaboration of the Army, the Casanare Government, the Police, various mayors, Civil Defense, Ecopetrol, and the community. As a way to positively contribute to the environment's breath, the Regional Autonomous Corporation of Orinoquía initiated the massive planting of trees in the rural areas of Yopal, Montañas del Totumo, Pore, and Tauramena in the department of Casanare. (…) “With this new figure, we are exceeding the proposed goal, which was the planting of at least 50,000 tree individuals in the jurisdiction; however, with the valuable inter-institutional work, Corporinoquía is achieving 75,000 new trees in just 280 days,” said José Armando Suárez Sandoval, general director of Corporinoquía.