ACP as a source of information
Source: La República – National
Date: January 31
Headline: Oil production would reach 886,000 barrels.
Today the Ministry of Mines and Energy will reveal the oil and gas production for 2019. Although industry bets suggest that the figure will reach an average of 886,000 barrels per day (that is, 2.71% more than the previous year), the truth is that this recovery will continue in 2020 to the point that 890,000 will be reached, a figure that would not only be due to the reactivation of contracts from the National Hydrocarbons Agency (ANH), but also due to the greater push in the exploration of crude oil and gas in offshore areas. (…) The industry also detailed that an important factor would be the good performance of the departments of Meta, Santander, Arauca, and Boyacá, which, together, presented the highest production of last year. (…) This data was revealed this week by the Colombian Petroleum Association (ACP), which added that in 2020 “the average crude oil production will be around 890,000 barrels per day and the marketed gas production will be close to 1,090 million cubic feet per day.”. Responded in:larepublica.co (January 31).
Source: Portafolio – National
Date: January 31
Headline: Environment and development should be an «indissoluble marriage.»
In recent years, the world has turned against the exploitation of hydrocarbons and mining. However, experts and stakeholders feel that the rejection has gained so much strength that these activities would be on the verge of extinction, with serious consequences for global development. (…) In these circumstances, the question is: How will the country replace the income from exports of extractive activities, which between January and November of last year accounted for 52.1% of total national sales abroad (about US$15 billion)? (…) “We are facing a phenomenon of widespread hypocrisy because many of those who question hydrocarbons benefit from the quality of life that they provide. Hypocrisy because they confuse the purpose of having a better planet with understanding that energy decisions. Hypocrisy because at the same time they desire better quality of life and progress, they do not admit that the oil industry is one of the main contributors of resources to the treasury. Hypocrisy because many who claim to be environmentalists benefit politically and economically from their demagogic discourse,” says Francisco José Lloreda, president of the Colombian Petroleum Association. Responded in: portafolio.co (January 30)
GREMIO
Source: La República
Date: January 31
Headline: Ecopetrol, in World Agreement
Ecopetrol, led by Felipe Bayón, announced that it has joined an important list of companies in the sector that work with the World Bank: those that do not carry out routine gas flaring to reduce greenhouse gas emissions. With this, the Colombian oil company joins a group of about 30 companies that also includes firms like Equion, Repsol, or Shell.
Source: El Colombiano
Date: January 31
Headline: Ecopetrol joins initiative against flaring
The Colombian oil company announced that it has adhered to «Zero Routine Flaring by 2030,” an initiative launched by the World Bank in 2015 that aims to «eliminate routine gas flaring in oil and gas fields,» with a deadline of 2030. A total of 37 firms in the sector are participating voluntarily.
Source: Vanguardia Liberal
Date: January 31
Headline: Ecopetrol would have to pay $5 billion for the emergency in Lizama
The National Authority of Environmental Licenses, Anla, imposed a fine of $5.155 million on Ecopetrol, within the process for the spill near the Lisama 158 well, which occurred in March 2018. As a reminder, at the well located in the municipality of La Lizama in Barrancabermeja, there was a spill of mud, gas, and traces of oil. This situation generated a significant environmental impact. Although the Colombian oil company implemented its contingency plan to address the emergency, the natural disasters and various species were numerous. (…) For now, Ecopetrol will appeal the preliminary decision of Anla. “We will evaluate and present the technical arguments that demonstrate that from the moment the spill was evident, it addressed the contingency according to the level of the emergency, providing all the necessary technical, economic, and human resources to overcome it, as the expert commission from the United Nations, UN, that visited the emergency site stated at the time,” assured the oil company through a statement.
Source: El Informador
Date: January 31
Headline: Ecopetrol and Cenit secure underwater lines in the coastal area of Pozos Colorados
Ecopetrol and Cenit, a subsidiary of the Ecopetrol Group dedicated to the transportation of hydrocarbons in the country, successfully completed the work to secure at greater depth the two 24-inch underwater lines that receive imported fuels in the Bello Horizonte sector of Santa Marta, which were exposed on the surface, between the beach and the sea, due to a coastal erosion phenomenon. The lines transport products such as naphtha, diesel, and gasoline from the buoy located offshore to the storage tanks at the Pozos Colorados Maritime Terminal.
Source: caracol.com.co
Date: January 31
Headline: Contingency plan initiated after attack on Caño Limón-Coveñas in Arauca
Ecopetrol activated a contingency plan to address the oil spill caused by an attack on the Caño Limón Coveñas pipeline, in the jurisdiction of the El Consuelo village, municipality of Saravena, Arauca. The terrorist attack caused damage to the vegetation and soil of the area and affected about 70 meters of the Caño Claro – El Consuelo road. The Army is on site to ensure the entry of technical and operational personnel who are carrying out the emergency response work.
Source: miputumayo.com.co
Date: January 31
Headline: Gran Tierra Energy is not carrying out a new seismic project in Putumayo, do not be scammed!
Gran Tierra Energy (Gran Tierra) is aware that there are currently individuals outside the company generating false expectations about a supposed new seismic project, which is not being carried out. These individuals have taken advantage of this misinformation to request money from the community for “training sessions,” assuring them that they will have access to jobs through external contractors. In this regard, Gran Tierra would like to clarify that: We urge the community not to pay for training with external contractors who promise employment with Gran Tierra Energy as these offers are fraudulent. (…) To see all available job vacancies from Gran Tierra in Putumayo, please check the information published in the municipality and the Public Employment Service.
Topics
Source: El Tiempo
Date: January 31
Headline: Oil barrel prices fall 2.5 %
Oil prices suffered sharp declines yesterday amid market nervousness over the spread of the coronavirus and its consequences on the demand from the world's largest importer of hydrocarbons. In London, the Brent barrel for delivery in March lost 2.5 percent to $58.29, the lowest since October. Meanwhile, in New York, a barrel of WT1 crude for delivery in March fell 2.2 percent, ending at $52.14, its lowest level since August.
Source: El Espectador
Date: January 31
Headline: The dollar once again surpassed $3.400
For the second time this week, the price of the dollar in Colombia surpassed $3.400. In fact, during the session on Wednesday, the currency reached its highest level so far in 2020, trading above $3.414. Likewise, the exchange rate showed increases and was close to $3.730. (…) The weakness of oil is due to the fact that China, the second largest economy in the world, could be affected by the spread of the coronavirus: a situation that has limited the production of this power, so it is expected that the demand for crude oil will be lower in this first part of the year. Furthermore, the market does not seem to have reacted with sufficient optimism regarding the new cuts announced by the Organization of the Petroleum Exporting Countries and its allies (OPEC+).
Source: El Frente
Date: January 31
Headline: Researchers from around the world will gather at UCC
The Colombian Petroleum Institute, ICP, located in Piedecuesta, Santander, will hold the II International Congress on Biorefineries and Renewable Energies Supported by ICT, Berstic, an academic event organized by the Cooperative University of Colombia, UCC, Bucaramanga branch, which will take place from February 17 to 20 of this year. (…) This initiative will allow researchers and individuals linked to the fields of biorefineries and energies to acquire new knowledge and obtain ICT-based solutions that contribute to strengthening their production processes. Finally, the meeting will facilitate the identification of solutions based on the capabilities and technologies developed by universities, industry, or government that are applicable to the energy challenges and issues of Colombia and the world.
Source: La Verdad
Date: January 31
Headline: New attack against the well that feeds the Caño Limón – Coveñas pipeline
The Eighth Division of the National Army confirmed that the JIBA well, near the Caño Limón Coveñas pipeline in Arauca, was dynamited. From there, they stated that this well feeds the pipes of the Araucan pipeline. It was also reported that there is an oil spill, but production has not been interrupted, as the attack was not directly against the Caño Limón pipeline, but against the nearby well. In another violent incident that occurred on Wednesday morning, unknown individuals riding a motorcycle threw an explosive device at the police station in the municipality of Tame (Arauca). The guard commander and a woman were injured.
Institutional
Source: Portafolio
Date: January 31
Headline: Costly nonsense. By Rodolfo Segovia
The Mining and Energy Planning Unit (Upme) of the Ministry of Mines and Energy determined that there could be a natural gas shortage starting in August 2024. It proposes as a solution a regasification plant in Buenaventura for imported gas, similar to the one in Cartagena, along with a gas pipeline from Buenaventura to Yumbo and the reversal of flows towards the interior of the country. (…) The most significant underestimation is Orca, an offshore field in La Guajira, which must come into production in 2023 using the existing facilities of Ballena, and to the national market through a nearly unused gas pipeline. It belongs to Petrobras (operator), Ecopetrol, and Petrobras. Upme's assessment is 60 million cubic feet per day (mpcd), but its true potential is 200 mpcd, corresponding to reserves of 0.7 teras. That single source partially alleviates the supposed deficit of 2024. But there is more: the Sucre-Córdoba-Medellín gas pipeline, to stimulate the promising gas basin led by Canacol, would be a futuristic project instead of a defensive installation like Buenaventura.
Source: El Nuevo Siglo
Date: January 31
Headline: Gas prices will increase due to imports and infrastructure works to face the crisis
EL NUEVO SIGLO: What is the complaint you make regarding gas reserves? JOSÉ DAVID NAME: The Minister of Mines and Energy has communicated that Colombia currently has very few gas reserves. We could transition from self-sustainability to gas imports in the coming months, which would increase the price of these products. The Indicative Supply Plan (PIA) established by the Government to guarantee the supply of LPG in the country proposes that in addition to resorting to imports to meet demand, the construction of a regasification plant on the Pacific in Buenaventura and the establishment of an importing port in Cartagena should be carried out, (…) The Ministry of Mines and CREG have fallen short by not executing a review of the LPG market regulation in accordance with the national legal framework in order to avoid a crisis like the one that has already been warned.
Colombian Association of Oil and Gas