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Gov promises full military might after Farc attack on Bicentennial Pipeline patrol

Colombian President Juan Manuel Santos said the military will operate at its full might to find the Farc guerrillas responsible for an attack on military forces patrolling construction of the Bicentennial Pipeline, which killed 15 soldiers.

Monday, July 22nd, 2013
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Pacific Rubiales finds pre-Columbian remains in exploratory block

Pacific Rubiales has come across the remains of an indigenous group that date back 700 years in what now is an exploratory block.

Monday, July 22nd, 2013
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What does the disappearing gap mean for Colombia oil prices?

What does the disappearing gap mean for Colombia oil prices?

After years of tracking very closely together, Brent separated from WTI in late 2010 and at one point in 2011, was nearly US$30. Last week the gap closed.

Sunday, July 21st, 2013
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Still below normal

Still below normal

The count dropped again to 22 below recent and long-term averages. This was an above average week for non-armed forces reported/guerrilla-initiated incidents. Our 4-week Moving Average incident count was down to 22.8 incidents (down for the ninth straight week) but the 52 week average was essentially stable at 38.8 incidents per week.

Sunday, July 21st, 2013
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Technical problems in Cusiana plant causes natural gas restrictions

GasThe Colombian Association of Natural Gas said that an unexpected “technical event” in the Cusiana treatment plant has affected the treatment, processing and delivery of natural gas to industrial customers in the interior of the country.

Thursday, July 18th, 2013
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Pacific Pipeline files two routes for ANLA review

Pacific Pipeline files two routes for ANLA review

The Pacific Pipeline project took a step towards reality after the firm leading the project, Canada’s Enbridge, presented a document that detailed two possible routes that would take it from San Martin in Meta to the Buenaventura port.

Thursday, July 18th, 2013
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Canadian, Colombian unions look to use FTA to fight Pacific Rubiales

A delegation of Canadian union leaders made a visit this week to a popular tribunal and public hearing held by the USO in Puerto Gaitan and promised legal action under provisions in the Colombian-Canadian Free Trade Agreement.

Thursday, July 18th, 2013
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Peace Process week of July 15: A week for pause

Call it a lull or a deadlock, this week brought words of advice from consultants, former presidents and the Farc, as the recess between peace roundtable talks in Havana continue. Where it all is going, still remains to be seen.

Thursday, July 18th, 2013
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90% of Ecopetrol purchases with Colombian suppliers in first half 2013

Ecopetrol released purchasing figures which show that just over 90% of its purchasing for goods and services in the first half of 2013 (January –June 2013) were with Colombian companies. Moreover, its hiring of local suppliers grew 46% compared to the previous year, according to information from the Ministry of Mines and Energy (MinMinas).

Wednesday, July 17th, 2013
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Pacific Rubiales praises ANLA simplifications, expects approval for new block

Pacific Rubiales CEO Ronald Pantin says that recent changes to simplify environmental licenses will improve its timelines for the environmental permit process in Colombia, which in the short term will lead to approval of a license to operate the CPE-6 block in the Llanos basin.

Wednesday, July 17th, 2013
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