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Peace Process: Agreement on minors

The government and Farc announced an agreement to end the use of minors among the guerrilla ranks and clear its camps as well, the latest small step forward in an uncertain process.

Thursday, May 19th, 2016
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Environmental Summary: Ecopetrol buries CCL pipeline

After an intense discussion between the government, the U´WA indigenous people and Ecopetrol (NYSE:EC), the NOC has agreed to burry a portion of the Coveñas/Calo Limón pipeline due to environmental and tribal concerns. This and other environmental stories in our periodic summary.

Wednesday, May 18th, 2016
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No agreement after prior consultation in Putumayo, now what?

No agreement after prior consultation in Putumayo, now what?

The Murui people of the Monai de Jitoma community in the Puerto Leguizamo Municipality say they will not support an oil exploration project and argued so in a recent prior consultation hearing, but the operator says it will still move forward with the project as their approval was not an obligation. What happens next?

Wednesday, May 18th, 2016
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The details of De la Mora’s plan

The former president of the National Hydrocarbons Agency Mauricio de la Mora left his post with an array of initiatives in place, and a recently released interview gave more detail into the thinking that went into his policy decisions.

Wednesday, May 18th, 2016
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SGR oversight commission simplifies the process

The commission responsible for reviewing the functioning of the General Royalty System (SGR) met in its 35th session, and approved changes which are expected to make the process easier for local political leaders to get their projects reviewed.

Wednesday, May 18th, 2016
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Hydrocarbons firms face reputation challenges, study says

A study from Ipsos and FTI Consulting showed that in Colombia’s private business sector, hydrocarbons, mining and energy firms were deemed to be those with the greatest amount of challenges facing their reputation.

Tuesday, May 17th, 2016
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CSR Summary: Hiring ex-combatants

Equion Energy received accolades for a program in which it hired demobilized combatants as part of a transitional initiative. This and other Corporate Social Responsibility (CSR) related news in our periodic summary.

Tuesday, May 17th, 2016
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Geopark wants company for its exploration

Geopark (NYSE:GPRK) will explore “every piece” of its Llanos 34 block, but does not want to stop there. Its Colombia director Marcela Vaca gave details on its exploration activities, and that it has interest from larger operators and investment funds to form joint ventures.

Tuesday, May 17th, 2016
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Only 20 rigs working in March

Only 20 rigs working in March

The Association of Oil Goods and Services (Campetrol) reported one of its biggest drops yet in the use of rigs during March 2016, and authorities urge greater focus on expanding reserves and exploratory activity. But to do so there are several critical obstacles that must be addressed.

Tuesday, May 17th, 2016
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What is next for Pacific?

What is next for Pacific?

Pacific E&P posted a US$901M loss in the first quarter of 2016 and saw its production fall as well. In its earnings statement issued on May 13th, management seemed set on accepting a restructuring deal from Catalyst Capital.

Monday, May 16th, 2016
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