The Tauramena municipality, where the first public referendum against oil production was held, has changed its strategy and filed the first request in Casanare for establishing an environmental protection zone while Ecopetrol announces projects to reduce CO2 emissions. These and other environmental stories in our periodic summary.
The Ministry of Mines and Energy (MinMinas) says prices will remain stable, while its own think tank questions the cost of subsidies to keep the price from rising.
No agreement can contemplate even a single day of jail for guerrillas Farc spokesman Ricardo Téllez, alias Rodrigo Granda said this week, setting the groundwork for what looks to become a make or break element of the talks.
Community buildings and common grounds were inaugurated in Pore with an investment from Parex Resources (TSE:PXT) and Geopark (NYSE:GPRK), while Ecopetrol invests in a production project and computer equipment in Castilla la Nueva. These and other stories on Corporate Social Responsibility (CSR) in our periodic summary.
Three years after its spin-off from Ecopetrol (NYSE:EC), Cenit’s value and operation has become one of the NOC’s critical assets.
The government will see a dramatic drop of CoP$20T in income coming from the oil industry that will leave a mark on its budget for 2015. This drop represents two thirds of the CoP$30T it received from the oil industry in 2013. This and other stories on the impact of the fall of prices in our periodic summary.
The new president of the National Hydrocarbons Agency (ANH) Mauricio De la Mora gave his most complete interview to date, and said that the agency is planning to adjust its policies based on the current market conditions.
GasThe growing demand for natural gas in Colombia coupled with a fall in reserves will mean significant increases in the price of gas going forward, and the potential need to import the resource, says a report from the Mining Energy Planning Unit (UPME).
Incident counts were up significantly at 33 but this was entirely due to increased Armed Forces activity as the graph shows.
USO affiliated workers with oil services firm Weatherford (NYSE:WFT) came to an agreement ending a nearly month long strike.
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