ACP as a source of information
Source: Javeriana Estéreo – Regional
Date: June 17
GREMIO
Source: La República
Date: June 18
Headline: Terpel reported a website that used its brand
For several days now, a link to a fake website has been circulating on social media offering three months of free fuel for people who enter their personal data. Terpel, a company led by Sylvia Escobar, warned that this offer is a fraud and that they are misusing its brand. The company has already filed the respective complaints with the authorities. (JGB)
Source: La República
Date: June 18
Headline: Ecopetrol refinery increased its daily load
Ecopetrol reported that the Barrancabermeja Refinery has begun a new phase of work to continue improving the quality of the gasoline it dispatches. In light of the reactivation of demand and increased fuel consumption nationwide, the oil company, led by Felipe Bayón, assured that the plant's load has already been increased from 140,000 to 176,000 barrels per day.
Source: El Colombiano
Date: June 18
Headline: Ecopetrol reinvents itself in Barrancabermeja
The state oil company reported that “with the aim of continuing to advance towards cleaner fuels” it will begin this weekend the necessary work to further reduce the amount of sulfur in the gasoline hydrotreater unit (Prime G) of the Barrancabermeja refinery.
Source: Vanguardia Liberal
Date: June 18
Headline: Ecopetrol rejects accusations about the layout of trails
For the state oil company, the accusations made by the USO regarding the design of alternate routes for contractors to reach the La Cira Infantas Field are unfounded. For the union, the situation is evident. Following the complaints made in recent hours by members of the Unión Sindical Obrera about the alleged opening of trails by Ecopetrol to allow activity in the La Cira Infantas field, in the El Centro district, officials from the state oil company denied such a situation. In fact, the oil company labeled this complaint as “false,” beyond the images presented by union members. (…) “Ecopetrol and OXY have organized trails to allow contractor company personnel to enter, violating safety protocols, putting the community at risk in general.
Source: El Frente
Date: June 18
Headline: Marketing strategy with Ecopetrol suppliers
The goal is to strengthen the commercial field at the Oil Port and now, together with the Chamber of Commerce of Barrancabermeja, its involvement in a networking event with Ecopetrol food suppliers is being prepared. Strategies like the virtual farmers“ market have proven effective for producers to expand locally. (…) ”Ecopetrol has a contract for $27 billion with Compass Group Service for food. What we suggest is that local suppliers, especially the agro-industrial producers of Barrancabermeja, be taken into account, considering that we have been successfully running the farmers' market from Umata. That is why we work with the Chamber of Commerce so that producers arrive with all the necessary elements and thus have a successful participation,” expressed Carmenza Santiago, District Secretary of Economic and Social Development.
Source: prensalibrecasanare.com
Date: June 18
Headline: Ecopetrol intensifies protocols to resume the Liria project in Casanare
After two months of temporary suspension due to preventive measures adopted to avoid the spread of covid-19, Ecopetrol began the procedures with the Aguazul Mayor's Office (Casanare) to resume drilling the Liria YW12 well, located in this locality. Activities will start gradually and rigorously, adhering to prevention protocols and the legal provisions issued by the National Government, as well as decrees 040 and 042 of 2020 issued by the Aguazul Mayor's Office for entry into the area. With the resumption of the project, between 114 and 135 people will gradually enter the location. Likewise, the project would bring greater investment in local goods and services to boost the region's economy.
Source: dataifx.com
Date: June 18
Headline: Campo Rubiales enters total quarantine but will continue operating
The departmental government led by Juan Guillermo Zuluaga Cardona, through the Health Secretary of Meta, immediately upon learning of the six possible coronavirus cases in Campo Rubiales, instructed that all protocols be initiated immediately. On the morning of this Wednesday, a risk analysis was conducted with the Health Secretary of Meta, Ecopetrol, and coordinated with the mayor of Puerto Gaitán, Jorge Plazas Hernández, and a risk factor was identified regarding the timeline. Jorge Ovido Cruz Álvarez, head of health in Meta, announced that there is a probability of a Covid-19 outbreak within the Campo Rubiales facilities. (…) On the other hand, Ecopetrol explained that during this quarantine, no personnel will be allowed to enter or leave the facilities. In addition, the oil company indicated that «to date, 4,200 molecular biology (PCR) tests have been applied to workers, contractors, and subcontractors entering» the Rubiales and Caño Sur production fields.
Topics
Source: La República
Date: June 18
Headline: Inventories in the U.S. rise this week
New York. Crude oil stocks in the United States increased in the last week, but gasoline and distillate stocks fell, according to EIA information. Crude inventories rose by 1.2 million barrels in the week ending June 12, to 539.3 million barrels.
Source: La República
Date: June 18
Headline: OPEC estimates that crude demand will fall by 6.4 million barrels per day
According to a report published by OPEC, global oil demand will register a reduction of 6.4 million barrels per day (bpd) in the second half of this year. This decline is lower than the collapse recorded during the first six months of the year, which was 11.9 million bpd. These new projections from the cartel, which has Mohammed Barkindo as its Secretary General, are a sign that the record supply cuts implemented by the group and its allies are helping to balance the market, so a gradual market recovery is expected by the end of this year. (…) According to the report, OPEC and its allies' compliance with crude production cuts for May reached 87%. This means that of the 9.7 million barrels per day that the 23 countries committed to cut, a reduction of 8.8 million bpd was recorded.
Source: La República
Date: June 18
Headline: Exploration well drilling fell 36.41% as of March
The Colombian Chamber of Oil, Gas and Energy (Campetrol) announced that in the first quarter of the year, a total of seven new exploratory wells were drilled, reflecting a decrease of 36.41% compared to the 11 wells reached in the same period last year. In its most recent report, titled ‘Oil Balance, initial impacts of covid-19’, it was explained that out of the total exploratory wells drilled, 431% were located in Tolima, in the Boquerón and Tolima contracts. This was followed by Meta, with 291% of the wells in the CPO9 and CPO-11 blocks; and Putumayo and Magdalena, each with one well in the PUT and Guama contracts, respectively.
Source: Portafolio
Date: June 18
Headline: Slight increase in crude oil production
Records from the International Energy Agency (IEA) indicate that crude oil production in Colombia recovered in the first days of June, reaching an average of 730,000 barrels per day. (…) On the other hand, crude oil production from OPEC members was cut by 6.3 million barrels per day (mbd) for the month of May, according to the agreement to limit extraction and sustain prices due to the covid-19 pandemic. In total, global production stood at 24.19 mbd for the fifth month of the year, according to the monthly report presented by OPEC, marking the lowest result since 2018.
Source: Portafolio
Date: June 18
Headline: Post-quarantine tourism. By: Francisco Miranda Hamburger
The year 2019 was a record year for the tourism industry in Colombia. But before the first quarter of this year ended, the global coronavirus pandemic had severely impacted air transport, hospitality, gastronomy, and many other sectors associated with hospitality. The tourism sector started 2020 with the best of scenarios. Hotel occupancy grew by 57.8 percent last year, while the number of non-resident visitors reached 4.51 million, representing an increase of 2.7 percent compared to 2018. (…) In light of that ‘bonanza’, the hyperbole of President Iván Duque, “tourism is the new oil,” which summarized his enthusiasm about the sector as an economic and employment engine, felt a bit less ambitious then.
Institutional
Source: La República
Date: June 18
Headline: The environmental requirements that the Government is studying for fracking pilots
The National Government continues to evaluate the technical, legal, and environmental regulations for the development of the Comprehensive Research Pilot Projects (Ppii) in the country regarding fracking. While the National Hydrocarbons Agency (ANH) works on the general aspects for the implementation of these initiatives, the Ministry of Environment is already studying what the requirements would be for environmental licensing. (…) Some executives in the oil sector distance themselves from this position, highlighting that it is still very premature to assess the impacts, as licensing and socialization processes will have to be completed. Julio César Vera, president of the Xua Energy Foundation and hydrocarbons expert, stated that we are still at the beginning of a process that could take up to a year and a half. (…) Image: Government studies environmental parameters for fracking pilots. The YNC areas with the greatest potential according to Ecopetrol.
Colombian Association of Oil and Gas