As part of the Colombia Round 2014, the government wants to see greater activity in off shore deep water drilling, and the issue is one of the main objectives of the National Hydrocarbons Agency (ANH) for the upcoming bidding.
The USO oil workers union says that the Barrancabermeja Refinery modernization project not start in 2015 despite promises last year from Ecopetrol (NYSE:EC). The NOC would neither confirm nor deny the rumors.
The Colombia 2014 Round is advancing and the government is finishing the offer that it will take to the market, which includes 97 blocks that the National Hydrocarbons Agency (ANH) and Ministry of Mines and Energy (MinMinas) will be put onto the auction block.
Colombia’s comptroller Sandra Morelli was back making rounds with radio stations this week while visiting Cartagena, criticizing what she says is the “poor planning” which has dogged the Cartagena Refinery (Reficar) project.
Community leaders in the municipalities of Tame, Arauca and Hato Corozal, Casanare have formally requested a public hearing to voice questions on the environmental impact of oil production in the Llanos 10 block.
Oil producer Equion says it expects net oil production in 2014 to increase slightly to 27,900bd in 2014, compared to 27,000bd in 2013, and addressed accusations that seismic exploration is affecting the environment in Casanare.
The Casanare Department has issued a resolution that will repeal the legality of internal community action committee (JAC) regulations and increase oversight over the entities after detecting a series of irregularities in how they operate.
Community leaders from 22 municipalities in four departments will participate in a march on February 20th, 2014 in Meta capital of Villavicencio that will reject any oil production or exploration activities near the local water sources as the anti-oil sentiment in the region’s communities grows.
The governor of the Norte de Santander Department Édgar Díaz Contreras has proposed the construction of a micro-refinery with a capacity of 40,000bd to produce fuels for the region which is looking for alternatives after Venezuelan fuel sales were suspended last May.
The USO launched a series of accusations against Pacific Rubiales Energy (TSX:PRE), one of its favorite targets in the oil industry, taking aim at its STAR secondary recovery technology which the union says has failed.
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