Looking to brush off concerns that the recent vote against oil production in the Tauramena Municipality, The Minister of Mines and Energy (MinMinas), Amylkar Acosta said that the government has been meeting with local authorities and there are already laws on the book that adequately address the protection of water resources.
Ecopetrol (NYSE:EC) announced its Capex plan for 2014, with the NOC focusing nearly all of its US$10.6B within Colombia and its wholly owned projects as the firm looks to keep production levels in line with government goals in an election year.
The USO sounded off against last week’s destitution of Bogotá mayor Gustavo Petro, calling it a “crooked persecution against the union and social movements and political left in general in favor of the neoliberal model and extreme right”, and said the situation is comparable to arrests of members on December 4.
The Municipality of Tauramena, Casanare held its public referendum on Sunday, December 15th and those who came out voted a sounding no, although the total turnout amounted to just over 34% of the population, narrowly passing the 33% turnout needed for the vote to be valid.
Security and Public OrderIncidents near areas of interest to the oil and gas industry were up this week at 30 above recent but below long-term averages.
The government engaged a multi-pronged push back against a public referendum that looks to reject oil production near municipal water sources in Tauramena, Casanare which included ministers and Ecopetrol’s (NYSE:EC) president Javier Gutiérrez.
If it feels like the guerrilla have been more active (despite the Farc’s recent announcement of a truce) that is the reality. The graph shows our proxy for guerrilla activity: incidents not reported by the Armed Forces.
Just a day after a devastating attack on a police station in Inzá, Cauca that left eight dead, the Farc announced in Havana, Cuba a unilateral ceasefire for 30 days starting December 15, but said that more attacks could come before it goes into effect.
A national newspaper has published alarming findings that accuse the National Hydrocarbons Agency (ANH) of allegedly of losing 60% of the technical and geographical data gleaned over the last 13 years due to problems in the migration of database that housed the information.
A selection of statements and stories on different oil companies’ Corporate Social Responsibility (CSR) programs that made local press during November/December.
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