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Naturgas says enough supply for more than 15 years

Naturgas says enough supply for more than 15 years

Naturgas, the Colombian association that represents the natural gas value chain from producers to distributors says the country has reserves for 14 to 15.7 years of demand.

Thursday, January 16th, 2014
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Notable increase in tanker-truck accidents reported in Huila

In the Huila Department local highway police figures have found a sharp increase in the number of accidents involving tanker-trucks. In 2012 there were only three such accidents reported, while in 2013 that number spiked to 19, more than six times greater.

Thursday, January 16th, 2014
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PetroTiger feels victimized as well

We were offered an opportunity to interview PetroTiger board chairman, Mauricio Camargo who wanted to give the company’s position on the case of former executives accused in the US of bribing a now ex-Ecopetrol employee.

Wednesday, January 15th, 2014
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Gran Tierra investing US$247M in Colombia in 2014

Gran Tierra investing US$247M in Colombia in 2014

Gran Tierra Energy (NYSE:GTE) will invest US$243M into its operations in Colombia, which amounts more than half of its planned investment for 2014 across all of its operations. The investment will primarily go towards 12 wells

Wednesday, January 15th, 2014
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MinMinas: No excuse for not hiring local in Meta

Communities and CSRA recurring topic, the Minister of Mines and Energy (MinMinas), Amylkar Acosta Media said that advances in training facilities in Meta will mean oil companies no longer have a valid excuse to not hire labor from the local communities.

Wednesday, January 15th, 2014
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New USO president lays out agenda

Following elections last November, the USO has a new president, Edwin Castaño Monsalve, who replaced Rodolfo Vecinos as the head of the union’s national leadership. Castaño looks to expand the USO’s reach towards sub-contracted workers and like his predecessor, has his sights set on Pacific Rubiales (TXS:PRE).

Wednesday, January 15th, 2014
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MinMinas: No excuse for not hiring local in Meta

A recurring topic, the Minister of Mines and Energy (MinMinas), Amylkar Acosta Media said that advances in training facilities in Meta will mean oil companies no longer have a valid excuse to not hire labor from the local communities.

Wednesday, January 15th, 2014
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Royalties: 2014 the year for execution, says DNP chief

While 2013 marked a continued transition to the new royalty system and a year of approving projects using these funds and adaptation, 2014 will be the year of execution and seeing the money at work, says the director of the National Planning Department (DNP) Tatyana Orozco de la Cruz.

Tuesday, January 14th, 2014
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MinMinas addresses PetroTiger case

A corruption scandal involving a pair of US former PetroTiger executives who paid an now ex-Ecopetrol (NYSE:EC) engineer more than US$300,000 to win a nearly US$50M contract has rattled Colombia’s oil industry, and the Ministry of Mines and Energy (MinMinas) issued a thorough release in which it establishes the engineer was working as a rogue and that the NOC is another victim.

Tuesday, January 14th, 2014
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MinMinas says natural gas subsidies are ready

Following up on a pilot program to subsidies the purchase of gas in cylinder the Ministry of Mines and Energy (MinMinas) says that the subsidies are ready to be claimed by for those who have qualified for the program in select municipalities.

Tuesday, January 14th, 2014
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