The Ministry of Mines and Energy announced that the first round of projects paid for by hydrocarbons and mining royalties have been approved.
Posted: Tuesday, July 31, 2012 03:45 PM The National Infrastructure Agency presented results compared to targets in the first half of 2012 for divided-highway construction and rehabilitation of existing highways, moving cargo in ports and railway concessions.
July 29, 2012 By Hydrocarbons Colombia Various Colombian news media are reporting that the Colombian Controller’s office — an independent organ of government similar to an Auditor General — is investigating Javier Genaro Gutierrez and other senior officials in connection with a pipeline failure in December 2011.
July 24, 2012 In a long article based on local interviews, Colombian national business paper La Republica details the challenges of completing the Bicentennial Pipeline’s first phase between the Araguaney station in Yopal (Casanare) and the Banadia station, located in Saravena (Arauca) near the Venezuelan border.
July 25th, 2012 By Hydrocarbons Colombia The Colombian government is holding one of its periodic “public accounting” sessions where Ministers measure their performance in public against previously stated goals.
July 24, 2012 By Hydrocarbons Colombia Colombian national business paper Portafolio reported on its website rumors that Canadian oil companies Petrominerales and Canacol are on the auction block.
July 24th, 2012 By Hydrocarbons Colombia Producers of any good are challenged when prices are denominated in one currency but costs are denominated in another and the two currencies diverge.
July 23, 2012 • Seven oil discoveries in the Caño Sur Block. • Initial results show an average production of 434 barrels stabilized oil per day of 13.4° API.