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Casanare, industry meet to review social investment

Led by the Governor of Casanare Marco Tulio Ruiz and the director of social responsibility for the Colombian Petroleum Association, Miguel Angel Santiago, members of the Casanare Oil Industry Committee (CINPAC) met to evaluate the advances of a social investment agreement for 2013-2014.

Wednesday, June 25th, 2014
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Anyone want to buy an underutilized pipeline?

Anyone want to buy an underutilized pipeline?

The TransAndino pipeline has a capacity of 47mbd per day and so should be able to handle about 87% of Putumayo’s current production. But the inability to protect the pipeline and the opening of export routes through Ecuador could leave it underutilized.

Wednesday, June 25th, 2014
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Oil industry water use minor in comparison to other sectors

Even if use for unconventional exploration and production is included, the oil industry’s use will only amount to around 0.5% of the country’s consumption according to numbers from the Ministry of Mines and Energy.

Wednesday, June 25th, 2014
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Hydrocarbon firms score well in CCS safety awards

Led by Exxon Mobil’s (NYSE:XOM), a number of hydrocarbons firms scored well in the Colombian Safety Council (CCS) annual review of accident rates and safety standards across different industries.

Wednesday, June 25th, 2014
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Industry interested in seeing ministers continue posts

A poll of 20 different industry associations in Colombia found that that more than half want to see the Finance Minister (MinHacienda) Mauricio Cardenas continue in his role, with similar support for the Minister of Mines and Energy (MinMinas) Amylkar Acosta and the Commerce Minister Santiago Rojas.

Tuesday, June 24th, 2014
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Hydrocarbons, mining big issues for the post-conflict

An academic review of hydrocarbons and mining sectors and their role in Colombia’s post-conflict era expects the industries to be highly controversial, but says that there is existing legalization to deal with the issues and that the benefit to the economy is too great to stop the train.

Tuesday, June 24th, 2014
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Colombia’s problems restricted to specific areas

Colombia’s problems restricted to specific areas

There is much cause for concern that Colombia’s crude oil production peaked in August 2013 and has declined since that time. Here is another look at the issue which suggests the problems are limited not widespread.

Tuesday, June 24th, 2014
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ANLA rolling out new tool to rate municipality sensitivity

The National Authority of Environmental Licenses (ANLA) is developing a new tool that is says will be able to rate municipalities on the impact of positive and negative changes using different socioeconomic factors.

Tuesday, June 24th, 2014
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Government says oil industry main economic concern

The Finance Minister (MinHacienda) Mauricio Cárdenas says that the production decreases due to the potent trio of problems facing the industry — infrastructure attacks, community conflicts and environmental licensing delays — are the number one economic concern as President Juan Manuel Santos starts his second term.

Monday, June 23rd, 2014
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USO holds internal meetings to move forward with ECP negotiations

The USO was rather quiet this week, focusing instead on a member assembly on Friday, June 20th to socialize, discuss and approve the demands it will take to the negotiation table with Ecopetrol (NYSE:EC).

Monday, June 23rd, 2014
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