Canada’s Pacific Rubiales Energy (PRE:TSX) will invest USD$1B in infrastructure over the next year through its subsidiary Pacific Infrastructure, in projects that include a port, pipeline and train facilities.
Amylkar Acosta has been named to head the Ministry of Mines and Energy (MinMinas) but just before his appointment he laid bare his views on the energy and mining boom and its consequences in a thorough interview.
Ecopetrol looks to grow its gas production to between 195-260 KBPDE by 2020, depending on how much the industry is able to harness off-shore and unconventional reserves. Production in 2012 reached 119 KBPDE and should grow to 127 KBPDE in 2013.
In order to combat illegal fuel sales of Venezuelan fuel in Colombian territory, Venezuelan authorities have agreed to increase fuel prices and restart sales along the common border in La Guajira Department.
Luz Elena Sarmiento just got a promotion, moving from director of the National Environmental Licensing Agency (ANLA) to Colombia’s environmental minister. Here is a look at her past spent as an environmental specialist and community relations representative to the sector’s greatest powers.
In one of his last acts as mining and energy ministry, Federico Renjifo Veléz told press at the 2013 press gathering organized by natural gas association Naturgas that the government’s policy going forward will focus on liberalizing prices from the La Guajira field and building more regasification infrastructure. Will the new minister, a native from La Guajira, change this?
In Yopal a tanker-truck spilled raw crude while leaving the municipality and the spill reaction team took hours to respond. Instead local firefighters and a team from the Bicentennial Pipeline (OBC) has to intervene to clean up the mess.
Government negotiators and the truckers union reached an agreement last week that stops the blockades (caused by truckers) and gets goods moving again.
Talks to reach an agreement between USO members working for CB&I, the contractor in charge of construction of the expansion of the Cartagena Refinery (Reficar) have faltered and the union has called for a member vote to see if it will hold another general strike or take its case to court.
Regulation and PolicyOn the evening of Monday, September 2, 2013 the entire cabinet of President Juan Manuel Santos tendered their resignations, in the height of the agricultural crisis, so that he would be free to name new players if required.
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