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MinMinas, companies sign EITI act

Led by the Ministry of Mines and Energy (MinMinas) and some of Colombia’s largest firms in the mining, oil and gas sectors, an agreement to adhere to the Extractive Industries Transparency Initiative (EITI) has been signed, and the first report on the matter is due in December 2015

Thursday, October 29th, 2015
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Peace Summary: Towards a Bilateral Cease Fire

President Juan Manuel Santos says that a bilateral cease fire could be ready by January 1, 2016, but urged the Farc to accelerate the negotiations in order to do so. Meanwhile the ELN orchestrated a deadly attack which left at least 11 soldiers and one police officer dead.

Thursday, October 29th, 2015
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Mansarovar sees strong growth ahead

The Chinese/Indian owned operator Mansarovar let another bit of light shine into its operation in Colombia, and said that it expects strong growth with projections to see its production grow to 131,000bd by 2020, with an emphasis on technology and secondary recovery.

Wednesday, October 28th, 2015
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IGU congress highlights Colombia

GasGasThe International Gas Union (IGU) wrapped up its congress in Cartagena, with the issue of supply and price in Colombia being a major issue, but it also called for a greater focus on highlighting the environmental benefits of natural gas over other hydrocarbons.

Wednesday, October 28th, 2015
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Bridging the deficit in gas supply

Bridging the deficit in gas supply

GasIndustrial users on the Caribbean are already feeling a pinch in their gas supply and costs due to El Niño, and this depicts a larger problem of how to boost Colombia’s short term gas supply.

Wednesday, October 28th, 2015
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Environmental Summary: ECP Middle Magdalena, Eco-royalties

Ecopetrol (NYSE:EC) has reported advances in its Environmental Management Plan for Education and Environmental Culture in Middle Magdalena, and a bill has been submitted to establish environmental royalties. These and other stories related to the environment in our periodic summary.

Wednesday, October 28th, 2015
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CSR Summary: ICP develops heavy crude technology

Ecopetrol (NYSE:EC), through the Colombian Petroleum Institute (ICP) is developing heavy crude water removal technology and has also inaugurated a number of community projects in Meta. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.

Tuesday, October 27th, 2015
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El Niño causes gas shortfalls, price spikes

The El Niño weather phenomenon has led to a sharp increase in demand for natural gas, and industries on the Caribbean coast are calling for government intervention due to the deficit and soaring prices.

Tuesday, October 27th, 2015
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Ecopetrol will operate Rubiales

Ecopetrol will operate Rubiales

Ecopetrol (NYSE:EC) has finally made a decision on the future of the Rubiales field, and says that it will directly operate the field once its association contract with Pacific E&P (TSX:PRE) ends in June of next year.

Tuesday, October 27th, 2015
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Conflict in Casanare over Llanos 62 block

The Casanare Departmental government and local authorities held a roundtable discussion on plans to establish environmental protections in the wetlands near the La Cristalina Lagoon and Paz de Ariporo, parts of which include the Llanos 62 production block.

Tuesday, October 27th, 2015
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