Colombian Senator Maritza Martínez Aristizábal has questioned the relationship and awarding of contracts between the state and Canadian oil and gas company Pacific Rubiales ahead of senate discussions surrounding a contract with Ecopetrol set to expire in 2016.
The Quifa/Pacific Rubiales/Ecopetrol story never dies! Now the Comptroller General (a kind of Auditor General) weighs in on the March 13, 2012 ruling to emphasize the difference in current WTI prices versus the historic prices, and therefore the Colombian state risks losing US$13M.From a Comptroller General press release, translated and with commentary by Hydrocarbons Colombia
Javier Gutierrez, president of Ecopetrol, made a visit along with company directors to inspect the progress of the Bicentenario Pipeline in the departments of Casanare and Arauca, saying it’s “weeks” from being operational.
Presidents of the community action boards of Tauramena and Villanueva, two villages that fall within the influence area of the “Llanos 32-34 and 3D Max” seismic exploration program, attended a meeting with the companies to define agreements surrounding social investment, wage, transport and monitoring.
As part of the 26th annual Bogota International Book Fair, the Ministry of Environment and Sustainable Development (MADS) unveiled the book “Environmental Conflicts in Colombia”, in order to help develop the know-how of environmental authorities in the treatment and resolution of environmental conflicts in the country.
Ecopetrol has kicked off its third National Call to Biodiversity, and is on the lookout to invest US$2.2M in conservation projects that focus on the tropical dry forest. From an Ecopetrol press release, translated and with commentary by Hydrocarbons Colombia.
Reyes Reinoso, president of Ecopetrol’s Cartagena Refinery (Reficar) spoke with Portfolio.co regarding the refinery’s modernization project. According to the executive, the project is now in its final stage and Ecopetrol’s board of directors have now approved a proposed increase in the total budget.
The USO claims 9,000 people attended a rally last week in Meta to denounce abuses to workers and the community by oil and gas companies. As we have described recently, the USO is tapping into a current of popular discontent in the department, caused principally by changes in the royalty distribution scheme.
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Counts were up significantly to 41 considerably above recent and long-term averages. This was an average week for non-Armed Forces i.e. guerrilla-initiated events which means both guerrilla and Armed Forces activities were up. Our 4-week Moving Average incident count was up to 34.5 incidents and the 52 week average was up to 37.5 incidents per week.
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