ACP as a source of information
Source: Portafolio – National
Date: October 01
Headline: They debate a law that halts consultations on mines and oil
The Law that will establish the procedure for coordination and concurrence, and that allows not only the Nation to access the production of underground resources, but also scares away the ghost of popular mining and oil consultations is now ready for study in the Congress of the Republic. The future norm, whose initial intention was to be presented by the Government to the Legislature, was ultimately filed (after agreement and with the endorsement of the Executive) by the representative to the Chamber, Héctor Vergara Sierra. (…) “It is an important project as it is necessary to institutionalize the mechanisms of coordination and concurrence between the Nation and the territory. We are analyzing it and will prepare a document of observations for the authors, speakers, and the Ministry of Mines and Energy, in order to enrich the project,” said Francisco José Lloreda, executive president of the Colombian Petroleum Association (ACP). It was reported in: portafolio.co (September 30)
Source: El Colombiano – Regional
Date: October 01
Headline: Royalties will boost local development
According to the Government, the regions will have more than $15.7 trillion available for direct social investment, between 2020-2021. With the sanction of the law that modified the operation of the General System of Royalties (SGR), President Iván Duque assured that the mineral and hydrocarbon-producing areas will regain confidence to execute development programs and meet unmet basic needs. (…) In turn, Francisco José Lloreda, president of the Colombian Petroleum Association (ACP), stated that the presidential sanction launches a very important law for the country and the hydrocarbon-producing regions, which will allow them to channel more resources, with fewer obstacles. (…) From the perspective of former Minister of Mines and Energy, Amylkar Acosta, the environment came out well from this reform, as 1 % of the SGR resources will correspond to the Environmental Allocation, which will aim at “the conservation of strategic environmental areas and the fight against deforestation.” It was reported in:elcolombiano.com (October 01).
Source: La Voz de Yopal – Regional
Date: September 30
GREMIO
Source: Portafolio
Date: October 01
Headline: Despite the rebound, the country's stocks are the most punished
Between July and September, the Colombian Stock Exchange recorded a valuation of 5.41%, which without other points of comparison would be classified as a good result. However, that stock market result hides the worst moment that the Colombian economy experienced in the second quarter of the year, when GDP fell by 15.7% and market volatility between March and April. (…) For its part, the negative results of the quarter were due to the stocks of Ecopetrol, ETB, Canacol, Banco Davivienda, and Bancolombia preferred, says Agudelo, who points out risks in financial stocks when the reliefs and extensions of credits expire.
Source: Vanguardia Liberal
Date: October 01
Headline: Investigate threats
Authorities are investigating a series of threats that took place in Puerto Parra. According to Ecopetrol, which has influence in this area, the actions were directed at community members through a flyer. For Ecopetrol, respect for human rights is a fundamental principle, and in that sense, it seeks to promote respect, healthy coexistence, the right to assemble, and freedom of expression.”.
Source: prensalibrecasanare.com
Date: October 01
Headline: 1,810 residents of Casanare work in its operations and projects in the department, according to Ecopetrol.
Although the confinement measures due to the covid-19 pandemic and the international drop in oil prices have had a strong impact on the hydrocarbon industry, Ecopetrol stated that it has maintained its commitment to hiring local labor for its operations and projects in the Casanare department. So far this year, according to Ecopetrol, it has generated 2,090 job opportunities through its contracting companies, of which 86% (1,810 positions) were filled by local labor. (…) By municipalities, Yopal registers the highest number of local workers, with 701 people, followed by Aguazul with 656 and Tauramena with 427; the other municipalities from where the personnel come are Monterrey, Paz de Ariporo, Villanueva, Trinidad, and Maní.
Source: prensalibrecasanare.com
Date: October 01
Headline: Hospitals in Casanare received fluid-resistant face shields and valves from Ecopetrol.
Ecopetrol began the process of delivering 2,400 fluid-resistant face shields and 480 Venturi valves to institutions in the Casanare hospital network, as part of the actions the Company is taking to support healthcare workers addressing the Covid-19 pandemic. (…) The delivered items were developed entirely with Colombian design and raw materials. This technological initiative includes the Colombian Petroleum Institute (ICP) and Esenttia of the Ecopetrol Group, Pladesan, Mediplast, Tecnoparque del SENA node Bucaramanga, Clínica Foscal, Hospital Universitario de Santander (HUS), and Print3D.
Source: periodicodelmeta.com
Date: October 01
Headline: Unillanos headquarters inaugurated in Granada.
The University of Los Llanos (Unillanos) inaugurated the ‘Boquemonte’ headquarters in the municipality of Granada, with the aim of offering higher education to more than two thousand residents of this and other municipalities in Ariari. This project was carried out with an investment of 12 billion pesos from Ecopetrol, 2.3 billion from Unillanos, and land provided by the municipality of Granada, for a total of 14.381 billion. (…) Finally, the president of Ecopetrol, Felipe Bayón, emphasized that, «we are firmly committed to the eastern plains, and what better decision than to invest in education and in world-class infrastructure, with cutting-edge technology and modern spaces, where our youth can develop their full potential.”.
Source: El Meridiano de Sucre
Date: September 30
Headline: They are threatened.
Coveñas. Indigenous leaders from the El Reparo and El Mamey community in Coveñas reported that they are victims of threats and extortion. They are being called on their phones and demanding money to not harm their lives. (…) Among these, they mention the recent protest outside Ecopetrol, in which some indigenous leaders participated. However, El Meridiano learned from a reliable source who requested anonymity that the threatened leaders received a considerable sum of money to carry out works or projects in their communities. Apparently, the alleged extortionists have these individuals under investigation.
Source: Diario del Huila
Date: September 30
Headline: Today will be the grand celebration of National Cattle Rancher Day.
In the framework of the tribute, Fedegán will make a special recognition, with the awarding of the “Grand Cross for Regional Cattle Leadership Miguel Santamaría Dávila,” to outstanding producers who are regionally nominated through the members of the Board of Directors. The President of the Republic, Iván Duque, and the Minister of Agriculture, Rodolfo Zea Navarro, will participate. (…) For this reason, for more than a decade, Fedegán has undertaken a project called Sustainable Colombian Livestock with the support of the government of the United Kingdom, Global Environment Facility (GEF), The Nature Conservancy, Center for Research in Sustainable Agricultural Production Systems (CIPAV), Fondo Acción, World Bank, and now Ecopetrol.
Source: BLU Radio
Date: September 30
Topics
Source: La República
Date: October 01
Headline: Electocracy or democracy? By: Leopoldo Fergusson
Having regular, free, and fair elections is a fundamental pillar of democracy. But democracy is not exhausted in elections. In fact, since the end of the Cold War, dictatorial regimes with regular and multiparty elections have increased, to the point that some suggest this is the most common form of non-democratic government today. (…) Perhaps for this reason, the Government seems to resemble its party more and more, even in its forms. Just as the Democratic Center is not centrist and has a narrow view of democracy, the Government that proposed to avoid polarization now fuels it, the one that was not going to do fracking now promotes it, and the one that claims to defend institutions now weakens them.
Source: La República
Date: October 01
Headline: Dollar lost ground due to possible stimulus package
On Wednesday, the dollar reached an average price of $3,865.47, which represented a decrease of $13.47 against the Representative Market Rate (TRM) that was set for yesterday at $3,878.94. (…) On the oil prices side, the WTI reference closed with an increase of 1.40% and was at US$39.84, while Brent lost 0.19% and ended the day at US$40.95, according to Bloomberg data at 3:37 p.m. The behavior of crude oil is due to the fact that “it is unlikely that OPEC will increase its oil production starting in January next year,” Reuters highlighted.
Source: La República
Date: October 01
Headline: Gasoline must be improved
Beyond the discussion between extra and regular, car brands say that in Colombia the quality of gasoline must be improved. In the framework of the I Congress of Sustainable Mobility of Andemos, Juan Felipe Bedoya, general manager of Porsche Colombia, explained that the regulations in the country are 15 years behind compared to those in Europe regarding fuels.
Source: Dinero
Date: October 01
Headline: Pilots in sight?
The Government is going to move forward with the fracking pilots. Hopefully, it is not a bad decision, because it is true that in other countries this technique has been banned due to its impact on the environment. That water sources are not compromised nor the health of the people affected. Álvaro Rincón. Bucaramanga.
Source: Javeriana Estéreo
Date: September 30
Institutions
Source: El Frente
Date: October 01
Headline: Santander will benefit from new royalty law (Part 2)
“With the reform of the General System of Royalties, approved unanimously, resources for the poorest municipalities in the country are increased and direct allocations for mining and hydrocarbon producing territories are maintained, keeping regional investment for the benefit of all departments and municipalities in Colombia. Additionally, for the first time, royalty resources will be allocated for the environment and sustainable development,” said the Minister of Mines and Energy, Diego Mesa. (…) “With this bill, we are regulating a more decentralized General System of Royalties, where producing regions will have more resources and where there will be less operational spending and fewer administrative procedures,” said the director of the DNP, Luis Alberto Rodríguez.
Source: Caracol TV
Date: September 30
Source: rcnradio.com
Date: September 30
Headline: Police guarantee security at fuel stations against resale in Cúcuta.
In the city of Cúcuta and its metropolitan area, the last days of each month become chaotic due to the shortage of fuel at differential prices supplied in the border area. The nearly 12 million gallons authorized by the National Government are not enough to supply the entire region, a situation that has also been presented to the Ministry of Mines and Energy, which has requested a substantial increase to reach 15 million gallons. However, the main concern in the area is related to the hoarding of fuel for resale at various points in the city by individuals engaged in this illegal business.
Source: valoraanalitik.com
Date: September 30
Headline: By the end of September, oil production in Colombia grew 1.1%.
According to a government report, the average oil production in Colombia at the end of the week of September 24 was 748,000 barrels per day. This represents an increase of 1.1% compared to the balance of last August when it was 742,000 barrels per day. (…) The lowest level of oil production in Colombia was reported by the Ministry of Mines in June with levels around 730,000 barrels amid economic and social restrictions due to the coronavirus pandemic. Gas production. The report from the Ministry of Mines and Energy -known in advance by Valora Analitik– also shows that the preliminary average gas production as of September 24 was 1.91 million cubic feet per day. This level represents a 21% increase compared to the final balance of August.
Colombian Association of Oil and Gas