The Ministry of Environment and Sustainable Development (MinAmbiente) released a report on the policy strategy and development of economic and environmental issues along the Magdalena River.
Ecopetrol president Javier Gutiérrez says that higher hydrocarbons prices, a favorable exchange rate and historic production levels have contributed to positive results for the 3Q13, but that attacks on transport infrastructure and community blockades remain a worry for the NOC.
A perfect storm of terrorist attacks on oil infrastructure in Caquetá, Putumayo and Meta along with extended mining and agricultural strikes have contributed to a 43% increase in emergencies stemming from crude leaks in January to September 2013, compared to all of 2012.
Following a debate in Colombia’s Senate on royalties, the country’s Finance Minister Mauricio Cárdenas told press that the government would increase the resources available by CoP$1.5T (US$795M), but did not address structural and implementation concerns.
It has been revealed the Colombia’s largest private oil operator Pacific Rubiales (TSX:PRE) sent a letter to Ecopetrol (NYSE:EC) in March to formally ask the NOC to apply its STAR secondary recovery technology immediately and not wait until the 2016 contract ends.
The director of the Casanare environmental management agency Corporinoquia inspected the steps taken at a petroleum toxic waste plant to fix handling issues in the municipality of Pore and though it found advances, it will decide based on lab examinations whether or not to lift the preventative measure placed on the facility.
Colombia’s Labor Ministry absolved Pacific Rubiales (NYSE:PRE) of any wrongdoing against claims from the Oil Workers Union (USO) that it had engaged in anti-union practices and fired employees for their union activity.
The recent green light to hold a popular vote in the municipality of Tauramena, Casanare, is making waves in the community and the local paper published an opinion piece calling for oil companies and contractors to demonstrate good practices in environmental matters, or face the consequences of community or legal action.
Small diameter pipeline operator Raven held a socialization session with municipal leaders in Paz de Ariporo to detail the advances in the environmental permitting process of the Llanos Express Pipeline (OXL) and discuss points of interest with the community.
The president of the Colombian Petroleum Association (ACP) Alejandro Martínez believes that not only will the number of exploratory wells in Colombia fall below expectations, it will come in below 2012 levels also.
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