Recently, we published an article about the mining industry in Cundinamarca. The departmental Controller was concerned that environmental licenses were not be properly monitored. A reader reacted to the article with an interesting recommendation and that got me thinking about the challenges of implementing it.
The governor of Boyacá, Carlos Amaya, called for the temporary and immediate suspension of a contract for an alleged fracking project in the department, and asked the National Hydrocarbons Agency (ANH) to educate the community about it.
Ecopetrol (NYSE: EC) reported in new oil spill in Colombia, this time the Magdalena river is affected. The NOC announced the activation of a contingency plan to deal with this situation.
The country’s Green Growth Commission, headed by economist Hernando José Gómez, announced its goals to achieve a ‘green economy’ in 2030.
The Colombian oil and gas sector is no stranger to ‘fake news’, especially when it comes to fracking. The ANH decided to reply to one of the most persistent stories.
The National Hydrocarbons Agency (ANH) plans to carry out a new oil auction scheme to increase exploration and production in the country. This has generated expectation in investors, since it opens the possibility of exploring new areas in the country with great potential.
The La Lizama story will not die. The Inspector General’s office has opened investigations against a number of Ecopetrol (NYSE:EC) executives and against senior leadership in the ANH, the ANLA and the Santander regional environmental authority (CAS). Two ECP VPs have been suspended for three months.
German Espinosa, President of the Colombian Chamber of Petroleum Services (Campetrol) spoke about oil activities in Colombia, the care of the environment and the industry’s contributions to the regions and the economy of Colombia.
The Ministry of Environment (MinAmbiente) announced changes to the Manual of Environmental Compensation for large projects. This document is vital for the extractive sector, as it is the guide to compensation in environmental and ecological issues.
The General Maritime Directorate organized a workshop for those who will be inspecting offshore platforms. ANH President Orlando Velandia was invited to talk about the offshore oil and gas opportunity.