The increase in oil prices in recent months can generate several benefits in financial terms for the country. However, public finances will not be the only beneficiaries of this new price environment, as some believe it could boost several key infrastructure projects for the Colombian oil sector, such as the Bicentenario pipeline expansion.
The Siona de Buenavista Indigenous Community, located on the banks of the Putumayo River, denounced that Amerisur is allegedly polluting its water sources with the development of its Platanillo field.
Amerisur Resources (LON: AMER) announced its exploration plans in the block Platanillo, located in the Putumayo basin. The company is optimistic about the potential results from this important area.
Authorities confirmed that the Congress will discuss a Bill to modify the General System of Royalties (SGR).
Canacol Energy Ltda. (TSX: CNE) started a strategy to sell its conventional oil assets in Colombia some months ago. The company announced a update of this progress and return of capital to shareholders.
During the ninth ‘Construyendo País’ (literally: ‘Building our Country’) workshop, the Minister of Mines and Energy (MinMinas), María Fernanda Suárez, announced an increase to the royalties’ budget.
Colombia continues to discuss the possibility unconventional techniques to increase oil reserves and production. Maria Fernanda Suarez, Minister of Mines and Energy (MinMinas), spoke on this topic in a debate.
Fuel smuggling between Colombia and Venezuela has always been an issue and has recently escalated to historic levels. How does it work?
The National Agency of Environmental Licenses (ANLA) announced a technical team to follow up on the Ecopetrol (NYSE: EC) project Oripaya block located in the municipality of San Jose de Cucuta in the department of Santander.
The union reacted to the Agreement signed with Ecopetrol (NYSE:EC) and spoke on what is left to eventually discuss.
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