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Controller says royalty abuse has ended under new system

While acknowledging that there are long delays in the implementation of royalty projects, which do not always go to the greatest needs, the new system has ended the “super scandals” associated with royalty abuse and corruption.

Wednesday, July 16th, 2014
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Ecopetrol hopes for quick agreement with unions

Ecopetrol (NYSE:EC) and four unions that fill its ranks have started the process to reach a new collective bargaining agreement. The last one was in place from 2009-2014 and Ecopetrol is optimistic that an agreement can be reached during direct talks.

Wednesday, July 16th, 2014
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MinMinas: 2014 goals “too optimistic”

Sometimes goals are set that would be nice to attain, but some are not realistic considering the situation on the ground, said the Minister of Mines and Energy Amylkar Acosta when doing a balance of his management of the hydrocarbons sector 10 months after taking the helm.

Tuesday, July 15th, 2014
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Roads Review: Failed hearing, obliging contractors

In Meta a tribunal laments the lack of action or interest on road issues from the national government while logistics firm Impala has taken a new, more aggressive strategy to ensuring that transportation contractors comply with routes and regulations. These and other stories involving Colombia’s contested roadways.

Tuesday, July 15th, 2014
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Something like normality

Something like normality

After a bad week in the previous period, incidents went down to 34, still above recent and long-term averages.

Tuesday, July 15th, 2014
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An overview of the ODL

The Oleoducto de los Llanos Orientales (ODL) pipeline was  conceived in 2007, predating the success of the Rubiales field, and today it is one of the few pipeline projects that is exceeding expectations, cashing in on production in Meta.

Tuesday, July 15th, 2014
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ANH holds workshop on environmental, social, security and logistical matters

The National Hydrocarbons Agency (ANH) held a workshop that covered a number of topics related to security, social conflicts, environment and infrastructure gains for the hydrocarbons industry.

Monday, July 14th, 2014
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ANH publishes preliminary list of qualified companies for 2014 Round

ANH publishes preliminary list of qualified companies for 2014 Round

The National Hydrocarbons Agency (ANH) issued its preliminary list of eligible companies, excluding only four from the companies which submitted papers.

Monday, July 14th, 2014
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USO, Ecopetrol start collective bargaining talks

After reaching an agreement that establishes the general terms of the negotiation for a new collective bargaining agreement, representatives from the USO and Ecopetrol (NYSE:EC) started talks in Bogotá on Monday, July 14.

Monday, July 14th, 2014
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STAR decision pushed back

Ecopetrol’s (NYSE:EC) board of directors has delayed a meeting to review a technical report on Pacific Rubiales (TSX:PRE) STAR secondary recovery technology to this week, and the Minister of Mines and Energy Amylkar Acosta has promised a decision this month.

Monday, July 14th, 2014
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