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NGO: Seismic exploration affecting water supply in Casanare

Seismic tests to explore the eastern foothills of Casanare are allegedly affecting the water supply in rivers and streams and could impact local communities, says an environmental NGO.

Wednesday, June 19th, 2013
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Ecopetrol president: 2013 a year for optimism

Ecopetrol president Javier Gutierrez looks at 2013 with optimism both for the state oil firm’s prospects position but also for Colombia’s economic and political advances.

Wednesday, June 19th, 2013
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Drill rig counts up in May 2013

Drill rig counts up in May 2013

Drill rig counts have become controversial with Baker Hughes showing recent declines — suggesting something was not right — and the Ministry of Mines and Energy taking offense at the implied criticism. Campetrol’s counts are based on its members’ reports and, to the extent that they represent the universe of drilling companies, should be more representative.

Wednesday, June 19th, 2013
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Mexican energy secretary visting Colombia, interested in Ecopetrol model

Mexico’s Energy Secretary Pedro Joaquín Coldwell has embarked on a state trip which includes meetings to discuss the business model of Ecopetrol with Colombian officials, as well as attend an energy conference in Bogota and later a trip to Brazil.

Tuesday, June 18th, 2013
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Parex expects to drill 30 wells in 2013

Canadian oil producer Parex Resources expects to drill 30 new wells this year in order to continue expanding its production in Colombia and keep with its success rate to date of 70%, the company’s general manager Lee Distefano was quoted as saying.

Tuesday, June 18th, 2013
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Authorities open the door to gas exports after 2016

Authorities open the door to gas exports after 2016

Following a national debate as to whether Colombia has sufficient gas resources for the long term future, the Energy and Gas Regulation Commission (CREG) has issued resolutions clearing the path for natural gas imports starting in 2016.

Tuesday, June 18th, 2013
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The great gas debate continues

The great gas debate continues

Recently Colombia’s energy regulator, the CREG, issued an order to UPME — the Ministry of Mines and Energy’s think tank and research division — to look into the importation of Liquid Natural Gas, LNG.

Tuesday, June 18th, 2013
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SGR hosts royalty discussion with department planning officials

The administrators of Colombia’s General Royalties System (SGR) hosted planning secretaries from the country’s departmental governments to discuss the accomplishments of the new royalty system in its first year and talk about its reach looking forward.

Tuesday, June 18th, 2013
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Madigas investing US$4.77M in expansions in 2013

Natural gas producer and distributor Madigas says it will invest COL9B (US$4.77M) throughout Colombia this year with around COL4.5B of it focused in the Caldas Department.

Monday, June 17th, 2013
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Protests in Tibu grind oil activities to a halt, losses mount

Rural communities in Tibú, located in the Santander Norte department have erected barricades and organized protests which have 90% of Ecopetrol’s oil drilling and extraction activities stopped.

Monday, June 17th, 2013
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