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MinMinas says companies must earn “social license”

The Minister of Mines and Energy (MinMinas) Amylkar Acosta Medina said that mining and energy companies can only make their projects viable by earning a “social license”, that is, respect with the local community through social impact and responsibility actions.

Monday, January 20th, 2014
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Truce over and incidents rise

Truce over and incidents rise

Incidents near areas of interest to the oil and gas industry were up significantly this week at 47, the highest level since early March. Non-Armed Forces-reported incidents were above average in absolute terms but below average as a percentage of the total. This is our indicator of increased guerrilla-initiated activity. Our 4-week Moving Average incident count was up at 28.8 and the 52 week average was actually down slightly but essentially unchanged at 32.6 incidents per week.

Sunday, January 19th, 2014
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Peace Process week of January 13: Farc holds up truce, almost

This week marks the start of a critical phase for the peace talks in Havana, Cuba. Save four incidents, the Farc kept their word on a month long truce over the holidays, which came to a close on January 15th. Meanwhile next Monday, January 20 the first round of 2014 gets moving, and time is running out.

Thursday, January 16th, 2014
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Water supplies could be threatened by seismic activity, says executive

The general manager of EAAV, the sewage and aqueduct company of Villavicencio Hector Castro says that seismic exploration near the aqueduct’s intake has the potential to collapse the infrastructure.

Thursday, January 16th, 2014
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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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