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Peace Summary week of Oct 21: Referendum moves forward

Colombia’s Senate approved this week a bill to allow the proposed referendum to accept an eventual peace agreement with the Farc on the same day of legislative or presidential elections.

Thursday, October 24th, 2013
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MinMinas to deregulate pipeline prices to encourage new projects

Colombia’s ministry of Mines and Energy (MinMinas) is preparing rules to deregulate transport rates for new oil pipelines in order to promote more construction in areas with new production.

Thursday, October 24th, 2013
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Popular vote asks community to decide on oil production

The Casanare Administrative Tribunal has approved a formal request from the mayor of Tauramena to hold a constitutional popular vote, essentially a public referendum, in which the community can support or reject the development of oil productions in the municipality.

Thursday, October 24th, 2013
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Business relations with the government have gotten worse

Business relations with the government have gotten worse

That is the conclusion of an Invermer Gallup poll done for national business magazine Dinero, published in a recent issue. The graph shows selected items from the article.

Thursday, October 24th, 2013
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What is brewing in Monterrey?

Monterrey has seen a repeat of blockades and community complaints about the oil industry, and now the municipality is forming a committee with local businesses owners to get their voices heard. Is this just a money or attention grab, or are there legitimate claims?

Wednesday, October 23rd, 2013
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“Black October” in Arauca due to guerilla attacks

“Black October” in Arauca due to guerilla attacks

Law enforcement and officials from the Arauca Department held an extraordinary meeting of the region’s security council to analyze the wave of terrorist activity which has fell upon the department.

Wednesday, October 23rd, 2013
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CREG starts process to find gas market administrator

Colombia’s Energy & Gas Regulation Commission (CREG) has started the process to contract an administrator of the natural gas market, part of its long term wide reaching evolution of how the gas market is regulated.

Wednesday, October 23rd, 2013
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Ecopetrol says 92% of contracts awarded to Colombian companies

Ecopetrol (NYSE:EC) says that it signed CoP$14T (US$7.44B) worth of contracts with suppliers from January to September of this year, of which 92% went to Colombian companies.

Wednesday, October 23rd, 2013
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Authorities to create taskforce to combat increased targeting of energy infrastructure

After a rise in terrorist activities targeting energy infrastructure, kidnappings and extortion in Eastern Colombia the national police, Ecopetrol (NYSE:EC) and the Attorney General’s office have signed a cooperation agreement to combat the rise in security threats.

Tuesday, October 22nd, 2013
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Majority of oil producers say blockade restrictions a primary concern

A total of 46 oil producers in Colombia, roughly 70% of the industry, say that operational restrictions from community blockades are a primary concern when operating in the country.

Tuesday, October 22nd, 2013
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