Ecopetrol (NYSE:EC) announced that it activated a new contingency plan in the Coveñas Caño Limon (CCL) pipeline, after authorities reported an attack in Norte de Santander. The development of these and more stories in our periodic Eco summary.
Late Friday afternoon, the State Council issued a decision suspending existing fracking regulation. Recent governments have denied there was any regulation on fracking so it is not clear what the implications might be, nor is it clear what impact this might have on Ecopetrol’s (NYSE:EC) proposed trial.
The non-public oil sector proposed pilot fracking projects in the Magdalena Medio Valley (VMM) to show Colombians that these projects could be developed in a friendly way with the environment. However, the National Agency of Environmental Licenses (ANLA) decided against this alternative.
The Minister of Mines and Energy (MinMinas) announced that 10 experts will define the future of fracking in Colombia. We looked at who was appointed, what might be known about their pre-conceptions and what the implications might be.
The National Agency of Environmental Licenses (ANLA) said that investors from Chile, Turkey and India, among other countries, are interested in learning about Colombia’s licensing system.
A terrorist attack on Coveñas Caño Limón (CCL) in the Blanquita village, municipality of Cubará (Boyacá), led to an environmental emergency. The development of these and more stories in our periodic Eco summary.
The Constitutional Court’s ruling in favor of Mansarovar is still generating reactions among political sectors. Here are the details.
Ecopetrol (NYSE:EC) announced important investments for environmental projects, but communities are still hesitant about the industry’s presence in their territories. The development of these and more stories in our periodic ECO summary.
The government formed a Commission to evaluate the convenience of developing Fracking in the country. Opinions are still divided.
The ‘boom’ of the anti-oil referendums put several projects around Colombia in check, and communities continue with the intention of blocking the development of oil projects. A referendum against the Porton is once again on the table
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