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Environment

Amid public rejection, PRE wants to drop VSM-13 production contract

The director of the National Hydrocarbons Agency Javier Betancourt says that the exploration and production contract for the VSM-13 block, located along the Las Ceibas river will not go forward and that Pacific Rubiales (TSX:PRE), who holds the contract through an acquired subsidy Alange Energy, wants to end the concession.

Thursday, May 8th, 2014
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Satellite technology for exploration generating more interest

The use of oil, gas and minerals finder technology (OFT) which harnesses satellite imagery to identify mineral content has been in Colombia for around three years, but technology suppliers say that it is only recently gaining interest for exploration.

Tuesday, May 6th, 2014
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ACP holds seminar on Casanare environment and new policy

A panel of authorities and experts led by the Vice-minister of Energy Orlando Cabrales participated in a seminar organized by the Colombian Petroleum Association (ACP) to highlight a number of policies designed to better communicate environmental practices and facts with the community in Casanare.

Wednesday, April 30th, 2014
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MinMinas defends company water use, addresses seismic activity

During the debate on the Casanare drought in Colombia’s Senate, the Minister of Mines and Energy (MinMinas) Amylkar Acosta addressed accusations that oil production is depleting water resources in Casanare and addressed the increased seismic activity in Puerto Gaitán, Meta, saying that scientific research must confirm the causes.

Tuesday, April 29th, 2014
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Casanare has released the genie of environmental debate

The drought in Casanare continues to draw headlines even if rains have reached the region. Relating oil production to the problem has become a convenient fact for the anti-oil lobby.

Tuesday, April 29th, 2014
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Senator takes up “Green tax” initiative

Senator Martiza Martínez, a regular critic of the oil industry in Colombia’s senate, says that oil companies should stop receiving tax benefits due to the damage she says that exploration and production activities do to the environment, and that a new “green tax” should be created as well.

Monday, April 28th, 2014
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Rains reach drought stricken area, but accusations remain

Rain has reached Casanare’s Paz de Ariporo alleviating the ongoing drought which has affected the local community. But officials are now warning the rain could lead to widespread water contamination due to the high amount of animal carcasses, and accusations that the oil industry is at fault for the situation continue to fly.

Monday, April 21st, 2014
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Putumayo residents reject Ecopetrol explanations on river contamination

In Orito, Putumayo a group of around 100 community leaders, activists and organizers met with Ecopetrol (NYSE:EC) to discuss the alleged contamination of local rivers and streams, but considered the NOC’s explanations insufficient.

Wednesday, April 16th, 2014
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Calls for a “green tax” to cover environmental impact

The mayor of Meta’s capital Villavicencio Juan Guillermo Zuluaga has called for a green tax for oil companies to compensate financially for the environmental toll on the producing and surrounding region.

Wednesday, April 9th, 2014
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As industry looks to convince on drought, community still points the blame at oil

The Colombian Petroleum Association (ACP) has been coordinating an effort to get expert opinion on the causes of the drought affecting Paz de Ariporo, and that its roots are not firmly in the oil industry. But a persistent community movement continues to finger oil.

Wednesday, April 9th, 2014
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