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National strike into its second week, more than 30 roadways blocked

The national strike, led by coffee and agricultural workers, is now into its second week and as many as 33 national highways remain blocked due to protests throughout the country.

Monday, August 26th, 2013
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August expected to break production records again

August expected to break production records again

Between the beginning of July through August 21, average daily oil production has reached 1,037,000bd, which would mean a new record for August, energy deputy minister Orlando Cabrales was quoted as saying.

Friday, August 23rd, 2013
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GeoPark enacting road safety program for drivers

The oil producer GeoPark says it will invest CoP$200M into a road safety program for the general public and drivers working in local, regional and national transportation programs. To date the program has trained 500 people, 300 of them who work as drivers.

Thursday, August 22nd, 2013
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Former Casanare governor: oil industry has left little more than poverty

Once governor of the Casanare Department, Jorge Prieto says that the cons outweigh the pros when it comes to allowing oil extraction in Colombia’s regions. The direct benefits, such as royalties, have not reversed problems in producer regions and the industry in the end leaves them more vulnerable. We beg to differ.

Thursday, August 22nd, 2013
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Peace Summary for week of August 19: Confessions from the Farc

Another round of talks started in Cuba this week , and the Farc turned heads by admitting that they too have been responsible for cruelty and created victims due to the group’s actions. In Colombia, national strikes took center stage.

Thursday, August 22nd, 2013
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MinMinas: Gas and electrical subsidies USD312M short in 2014 budget

Energy subsidies included in 2013 are not receiving the same allotment in the 2014 budget, the amount assigned is short CoP$600B (USD312M) , according to estimations from Colombia’s ministry of Mines and Energy (MinMinas).

Thursday, August 22nd, 2013
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Comptroller finds USD15M in royalty abuse in Arauca hospital

The Comptroller General says it has uncovered overcharges in acquisitions of equipment in the San Vicente de Arauca Hospital that totals some CoP$29B (USD15M), all coming from royalty payments.

Wednesday, August 21st, 2013
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Government says new gas procurement system will lower prices

Government says new gas procurement system will lower prices

After an prolonged debate the Colombian government issued a resolution that aims to lower gas prices using either bilateral agreements or public auctions, depending on the balance of supply and demand.

Wednesday, August 21st, 2013
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Despite pressure, Ecopetrol still evaluating Rubiales future

Ecopetrol’s president Javier Gutiérrez said this week that the NOC continues to evaluate fundamentals to decide if it will extend or not the concession of the Rubiales field with Canada’s Pacific Rubiales Energy past its current expiration date in 2016.

Wednesday, August 21st, 2013
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Accusations of a blind eye towards regions and contamination in Meta

A feature article in national newspaper accuses Ecopetrol of contributing to environmental contamination in Meta while the central government continues to approve projects in regions without fully understanding their consequences.

Tuesday, August 20th, 2013
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